Tha ratio I've heard is that it that it takes 10,000 people to support a grocery store in an area. Take the year-round population, add in the summer tourists, and the numbers probably make sense already. Plus the products that likely sell well at the WC probably tend to be very high margin items.
So makes sense to me.
I know they have plans drawn to open one if Freeport. I have seen the plans and site.
FYI. I have always been amazed at how many national retail stores even look at this area. When you do the numbers on permanent populaion on paper, you would think that no one would consider opening a store here, much less two or three.
The economic development counsel has an interesting way to present this area to prospecive businesses. For example, in Destin, they present it as an average population of 35,000 people, when only 12,800 actually live here. I guess that is why they get paid the high bucks!
Publix is a very well run company, in fact, I saw where they are deemed as one of the top 100 companies to work for in the South. They have done an excellent job of utilizing every square inch for profit in the store. Personally, I think they are missing out by not having a pharmacy, but they obviously know what they are doing. And the whole time, maintaining excellent customer relations.
Bravo. We could all learn by their example.
