Location

While I was home over Spring Break, I took into consideration the location of the grocery store in my small hometown. To paint a picture in your mind, it's a small beach town on the coast, with only one high school. My mother and I had to go to get a few things for dinner. Since it's a small town there is never that much traffic, so getting to anywhere really isn't a hassel.

The Location of the local Food Lion that we usually go to is in a pretty good spot. I'd say it's a pretty central location in the town. It's very close to two schools and near many neighborhoods. No matter where you were driving to, you'd most likely have to drive past it to get to where ever you were going. In the shopping center it's in there is a pizza place, movie rental, dry cleaner, family dollar and then in the parking lot across there is a gas station, Burger King and used car lot. A lot of places near eachother that would be convenient for a family to have access to without having to drive much further.

I honestly, don't see any disadvantages to it's location. There is a Piggly Wiggly about a mile and a half down the road which could hurt Food Lion's business due to competition, but I don't think it really has. Piggly Wiggly has changed locations a few times in the 20 years I've live in the town.

RCS-261 Research on Failed Retailer

Linens 'n Things


With our current financial situation it's no suprise that so many businesses are closing stores down across the nation, and some are closing down completely. The store Linen 'n Things is no exception. It was considered the second largest specialty retailer of home textiles, housewares and home accessories in North America. After the company declared bankruptcy, they eneded up closing down all stores at the end of 2008, closing a total of 371 stores across the United States. They also closed all their stores in Canada.

The main issue on why the store closed was of course the bankruptcy, and the fact that they could not find a buyer to take over the locations because they had already closed so many. It had a stiff competitor, Bed, Bath & Beyond, who will now be earning up to 18%

I personally think that the store closed because of the recession we are going though, of course. Many people are struggling to buy everyday items, much less buy new sheets for their beds, new dishes or other housewares. Accessories always suffer when people are having a hard time paying for their basic needs and the main things they were accustomed to buying. They will buy less and less of things that they don't absolutely have to have.



http://www.biztimes.com/daily/2008/10/8/linens-n-things-plans-to-go-out-of-business
http://www.huffingtonpost.com/2008/05/02/linens-n-things-files-for_n_99867.html