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Wal-Mart Claims Another Victim

Wal-Mart is bad for local business. We've all heard about Wal-Mart moving in to town and all the local business closing down. But usually, we hear about it in broad terms. Now, we hear about a grocery store that is closing, and they've identified Wal-Mart as the reason. Riverview Market in Woodsville, NH. The store closes its doors just 6 months after Wal-Mart moved in to town. Wal-Mart claims another store. The retail giant has directly or indirectly been responsible for countless closings just like this one.

Read the article from the local news station:

Woodsville Grocer Blames Wal-Mart for Closure

Riverview Market, a grocery store in downtown Woodsville, NH, plans to close its doors any day and blames Wal-Mart's arrival across town as the straw that broke the camel's back.

The Wal-Mart Supercenter opened in March 2008 to much fanfare and despite concerns this very event would happen.

Tim Merrill, general manager of AG Supermarkets, Inc., which owns Riverview Market, said in a statement, "The recent opening of a nearby Wal-Mart further decreased sales at what was already a marginally successful location. We could not forecast a turnaround in the near future and were left with no other logical decision than to close."

The store's lease lasts into November, but with store shelves nearly bare after a 30 percent liquidation sale, it is unlikely it will last through the end of the week. Merrill also said AG Supermarkets, Inc., would help its employees with job placement in other Associated Grocers of New England stores.

That news disappointed loyal shoppers, including Elton Brinker.

"It's really sad to see it closing," Brinker said. "We've gained an option but then we lose an option."

Other nearby residents, who shop more often at Wal-Mart, were still upset by Riverview's imminent closure.

"I'm a business owner and it's sad to see a smaller company like that get basically pushed out 'cause of these larger companies," said Allen Riley.

At the same time, Riley said, "It's to be expected, you know? [Because} obviously Wal-Mart's here and they have everything and where ya gonna go? Where they have everything."

Posted by Taylor - October 16, 2008 01:47 PM - In Your Community