Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Small Business

How come large super market chains (Food Stores) won't stay in Detroit?



Detroit: 139 Sq Miles: 850,000 People. There are now no major chains in Detroit. The last (Farmers Jacks) is moving out. Major grocery chains, which generally operate with thin profit margins, say doing business in Detroit is no-win situation. High employee turnover, cost of security and loss from theft are often cited. The city's comparably low income rates preclude selling an abundance of high-profit, upscale items.

What an opportunity for the NAACP to use some of their funding alternatives to set up a competitive grocery operation. The market is certainly there, and there is no lack of real estate locations to make this a thriving operation.
you answered your own question. large chain supermarkets aren't charity organizations. they exist to make money.
I think you've answered you own question. Detroit has a long way to go before it becomes a thriving city again.
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