Due to development and rapid expansion of supermarkets in some countries many small local business are unable to compete. Some people thought that the closure of local business will bring about the death of local communities. To what extent do you agree??

Shopping through grocery

stores

in your locality has conventionally been considered quite safe and convenient.

However

, due to the emergence of

supermarkets

, the local

players

are under threat and are on the verge of shutting down. I strongly agree that the small and local

players

are losing market share as against the

supermarkets

and bigger

stores

, resulting in local communities being in a dying state.

Firstly

, as these

supermarkets

tend to offer deep discounts on various products, shoppers prefer to buy from them over local

players

. The flexibility of a local store to match the prices and offers with a bigger one is somewhat limited.

This

leads to immense savings for a household by purchasing most of the essentials cheaper.

For instance

, a recent study in Mumbai revealed that the annual saving on household expenses can be somewhere around twenty per cent by buying through newly opened hypermarkets. These savings can

further

be utilized by families in either their leisure activities or other discretionary expenses.

Additionally

, there is a convenience element that determines the preference of

supermarkets

over local community shops.

Although

the neighbourhood shops can deliver the items faster being situated closer to home, yet the convenience of buying everything under one roof encourages people to shop through

supermarkets

.

Moreover

, these big-sized

players

have state-of-the-art technology

that is

enabling them to constantly improving customer engagement and implementing methods to make shopping easy and faster. To illustrate, Walmart and other similar supermarket chains have launched their applications which continuously provides the latest offers and other key information necessary to make an informed buying decision. To conclude, the local

stores

are in disarray as they have limited resources to compete with big

stores

which have deep pockets and technological advantage. The reduced dependence on local businesses will eventually lead to the death of local communities.