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Shaw’s Losing Money, Customers

Shaw’s is losing money while customers leave the store for updated and expanded grocery store chains like Stop and Shop and Whole Foods.


One Shaw’s customer told the Boston Globe that the store’s prices are higher for basics like eggs, milk and bread.

Customers going to other grocery stores for cheaper prices have become a problem for the company. Shaw’s sales fell from $5.3 billion to $3.8 billion in 2012.

In Barnstable the company has faced tough competition from new stores in Hyannis and Sagamore.

Market Basket, a company known for its cheap prices, opened a store in Sagamore in June 2012. The store is a huge draw for Cape residents who often drive far distances to cut down the grocery budget.

Stop and Shop opened a new 65 thousand square foot store in Hyannis further drawing customers from Shaw’s.

Shaw’s will face even more competition this winter. Wholes foods announced in November they plan to open a new store in Hyannis in the former Border’s on Iyannough Rd.

We want to know what you think. Are prices higher at Shaw’s? Where do you shop for the best deals?

mardi sawyer January 26, 2013 at 07:56 PM
MARKET BASKET PLEASE!!!!!! YES!!!!!
lulu January 26, 2013 at 08:53 PM
YES! YES! YES! WE NEED A TARGET HERE DESPERATELY!! ... and please not a mini target! a nice large super target... how about in the old stop & shop center in hyannis...??! :))
mardi sawyer January 27, 2013 at 10:50 AM
I think they're planning to put a Lowes in the old stop & shop in Hyannis. better quality than Target!
Sunshadow January 27, 2013 at 02:27 PM
WORD IS YARMOUTH IS CONTEMPLATING LOWE'S......... TARGET AND LOWE'S HAVE NOTHING IN COMMON!!!! TARGET IS LIKE AN AFFORDABLE, FRIENDLY-USER DEPARTMENT STORE THAT BRINGS BACK SERVICE AND PRICING FOR THE CUSTOMER, (SOMETHING SEAR'S, PENNEY'S, MACY'S, ETC. HAVE FORGOTTEN!) LOWE'S IS COMPARABLE TO HOME DEPOT. WE COULD ALSO USE A BENNEY'S CLOSER THAN DENNIS (THAT CLOSES DOWN IN THE WINTER!).
Tim January 27, 2013 at 07:02 PM
Kohl's has signed a lease for the old Stop & Shop location.

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