20 Big Grocery Stores Are In Deep, Deep Trouble

Big companies. Essential products. Millions of devoted customers. It would make sense that the supermarket industry might be immune from the flood of bankruptcies the retail sector has been facing. But that hasn't been the case, especially when you compete with giants such as Walmart, Target, and Am mazon-owned Whole Foods. The truth is that the grocery business can be absolutely brutal. And in recent years, the nation's grocers have been dealing with a series of issues that go from supply chain disruptions, labor shortages, disorderly mergers and acquisitions, and huge, huge piles of debt. While some big box retailers recorded massive increases in sales during the pandemic, the same wasn't the case for various specialty grocers that were already on the ropes. In some cases, even with sales booming, liabilities were so significant that grocery store chains had no other option but to file for bankruptcy, shutter all their locations, and lay off all of their staff.
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