“Cut throat” is a term often used in the business world, but it is good to know that some businesses really go out of the way to help the community. Here is a great article for our international students at Hancock International College to see how some American businesses still live by this concept. “Kroger Donates $500,000 Facility to Rival Grocery Store So Community Won’t Be Left Without a Supermarket” is a great/short read for our ESL students that was written by McKinley Corbley.
Corbley says, “Rather than leave a community without a grocery store, the Kroger supermarket chain is donating one of their closed stores to a competing company.
After Kroger closed their Orange Mound location in Memphis, Tennessee back in February 2018, local residents were forced to travel to the Kroger location in Union, which can be a tedious 30-minute bus ride with groceries in hand, according to the Memphis Business Journal.
Community leaders then threatened to boycott the chain unless they were given another fully-serviced grocery store to suit their needs.
WMC reporters say that shortly after Kroger representatives closed the location, they had tried to pass on the property to Superlo, a family-owned grocery store chain with several local branches in the city. Unfortunately, Superlo had just opened another branch in the city and they did not feel fiscally comfortable with opening yet another store.
After more than a year of financial preparation, however, Kroger representatives say that they are now donating the $500,000 facility to Superlo.
Superlo representatives say that they hope to have the store up and running again by December 1st.”
Full Article: https://www.goodnewsnetwork.org/kroger-donates-facility-to-rival-grocery-store/
Idiom of the Day
Meaning: people or businesses that will do anything to achieve their goal (they just assume cut your throat if it will help make them a profit)
Example: Eventually their cut throat business practices caught up to them so that no one wanted to do business with them anymore.
Comments are closed.