In most parts of the world, the expansion of supermarkets affects small – scale local businesses. Most people believe that this could be the end of local communities. Developments of stores have eased the consumer by providing everything under one roof. However, supermarkets focus more on industrial products rather than authentic commodities from provisional communities.
On the one hand, since the sixties, extensions of stores have been rapidly throughout various parts of the world. It somehow comforted the customers by offering a wide range of supplies and flexible payment options at reasonable pricing. Increasing its business running around sixty-five thousand stores only in the U.S alone. For instance, Walmart’s global net sales for the fiscal year 2023 is approximately seven hundred billion U.S. dollars. Contributing its higher stake in global economic growth.
On the other hand, Big-markets are usually present in cities. This could only benefit the residences of the major cities. Looking at the general motive of markets, they prioritized long-lasting goods that one way or some way have an adverse impact on health. In the context of the regional public, they always offer organic goods that are fresh in condition as well as products along with artistic values, ethical backgrounds and their cultural presence, whether its food, art and numerous more. This signifies the presence of their company in those areas. For instance, in Nepal during the Ch hath, one of the festivals of the Mithila community where they serve their food, They showcase their art to the rest of the world, which helps them to grow and establish their cultural importance.
In conclusion, I believe that although supermarkets have eased the customers, they lack in presenting the true value of local goods.