Key Food closing: No Country for Old Supermarkets
With $30 billion in Medicaid/Medicare spending no match for a 20% markup on dry goods – Keyfood of Bay Ridge will close its doors to make way for yet another chain drugstore, reports today’s Daily News.
In a neighborhood that once boasted such mom ‘n’ pop pharmacies as “Bay Ridge Pharmacy,” and a healthy variety of supermarkets – Bay Ridge appears nowhere near a saturation point of chain druggists such as the dreaded Rite Aide that, at best, offers painfully slow checkout and no customer service.
When Bay Ridge loses the 94th street Key Food, it’ll leave Foodtown of 91st street as the only other Bay Ridge supermarket equipped with parking, and only the 3rd supermarket left in the Bay Ridge area – south of 65th.
Foodtown – which recently purchased the old Short Ribs/Blue Claw building next door – is rumored to have plans of razing the building to construct expanded multi-level parking.
Just last year, local residnets’ market hopes were raised when rumor had it the Duane Reade of 4th avenue and Senator Street would close and become a Waldbaum’s.
Instead, it became closeout store – “American Place.”
No Comments so far
Leave a comment
Leave a comment
Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>