Youngstown losing all three Bottom Dollar Stores.
http://wkbn.com/2014/11/06/bottom-dollar-to-sell-stores-to-aldi/ (http://wkbn.com/2014/11/06/bottom-dollar-to-sell-stores-to-aldi/)
The Youngstown store locations
890 East Midlothian Blvd.
2649 Glenwood Ave.
3377 Mahoning Ave.
Aldi has 2 locations in the immediate area:
3497 Belmont Ave. Liberty
5863 Mahoning Ave. Austintown
None within the city proper.
This is really bad. Maybe IGA could take over in a few spotss
Is it true that the city gave Bottom Dollar tax breaks and other incentives to locate in the city?
Maby Albi will take over a couple of the Bottom Dollar locations such as the one on East Midlothian and the one on Mahoning Ave. I don't see them taking over the one on Glenwood though. On the other hand since they already have a location in Austintown, maby they wouldn't want a store on Mahoning Ave. Isn't that Bottom Dollar store in the Mahoning Plaza?
The only thing bottom dollar got was water and waste water grants
They bought the land outright from the city
Checking to see if the deal included real estate as well
If so then Aldis may consider moving there
If not its a battle to find a store to go into those locations
I've never shopped at either Bottom Dollar or Albi. I do all my shopping at Giant Eagle and Save-A-Lot and as there are Giant Eagle; Sparkle; and Save-A-Lot in my area, I wouldn't miss Bottom Dollar, but there are area's of the city - 6th Ward that would hurt with the loss of the Glenwood Bottom Dollar even though there is a Save-A-Lot on South Avenue.
Actually BDF sold all of their US stores and leases to Aldi's.
This is going to return 2 locations back to a food desert.
Personally I dislike Aldi's, and wouldn't shop there.
Plus, they're not a full grocery store so couldn't fill in when BD leaves anyway.
I am sick about this, as I truly enjoy shopping at BDF.
Besides Glenwood, where would the other desert be. In my area we have both a Save-A-Lot and a Sparkles
Mahoning Ave area. Their closest groceries are out on the west side of Austintown (Giant Eagle and Walmart) and south to Cornersburg (Sparkle).
The Santisi IGA closed not long after Bottom Dollar opened.
Who wodda thunk ... the West Side? Golly, a food desert? I know that there are those West Siders who speak out against shoppin' in the suburbs so we can suggest that those who wanna keep their jack in the city that they can do their grocery shoppin' at the Union Square Save-A-Lot if'n they live too far away from Cornersburg Sparkle.
According to the MAYOR, ONLY the Glenwood Ave. location, and he id going to try to get that property back.
They're all closing, but he is only interested in regaining the Glenwood location.
That's the only one that the city has any monitary interest in.
Mayor John McNally said he has been speaking with the city's law department, because he wants to re-gain control of the space on Glenwood and replace it.
"The preference is a grocery store," McNally said. "We'll work on that end, but we're going to be contacting Bottom Dollar to try to make arrangements to get that property back."
Yep I read the article.
I hope he can get it back.
The property itself by golly by gosh.
The store on Glenwood Avenue was built on the location of the former Fosterville Playground and the former Cleveland School.
The big question as I see it is why the Mahoning Avenue corridor can not seem to maintain support for a full service supermarket within the city limits. Certainly the population is there, and at one time it had several full service grocery stores between Wesley and the Mahoning Plaza. Mahoning Avenue is a main corridor within the city so one would think that given all of the dynamics that the area possesses, that it would be an ideal location for any number of businesses including a full service grocery store.
By the way, since the Mahoning Plaza is owned by a private developer, don't you think that they are going to want the unit currently occupied by Bottom Dollar filled ASAP. Does anyone know who owns the Mahoning Plaza?
TT-answering your question about who owns the Mahoning Plaza
The Mahoning County Auditor website says it is owned by Mahoning Plaza LP, a limited liabilty partnership.
Doing a Google search the primary partner of th partnership is Schreiber Company in Pittsburgh. They are a real estate management company.
Thanks.
Given that the Bottom Dollar story is still breaking news, I'm sure that the Plaza owners already know about it and will start working to fill the unit ASAP. A Save-A-Lot would be a good fit. Let's all hope that a new full service grocery will go in there soon. Maby Henry Nemenz could be contacted to put an IGA store there.
I'm doubtful on Nememz going anywhere in the City
The grocery store unions have made his life miserable with their harassment
He almost went to the old giant eagle in cornersburg but the unions threatened him
He has an IGA in the Lincoln Knoll Plaza. Isn't that in Youngstown?
http://www.cityofyoungstownoh.com/about_youngstown/youngstown_2010/neighborhoods/east/lincoln_knolls/lincoln_knolls.aspx (http://www.cityofyoungstownoh.com/about_youngstown/youngstown_2010/neighborhoods/east/lincoln_knolls/lincoln_knolls.aspx)
A Save-A-Lot store is located only a few miles away in the Wedgewood Plaza. If people are perfectly willing to drive out of Youngstown to buy groceries, why would a grocery store locate inside the city and then have to pay one of the highest income taxes in the state.
Jay, you are the one who is a one man chamber of commerce for the West Side, so why wouldn't you want to see a full service grocery store in the Mahoning Plaza? Your own Councilman is quite upset over the news about Bottom Dollar, yet you seem to think it's fine and dandy news.
I don't live on the West Side, and I do patronize local grocery stores as well as the Churchill Commons Giant Eagle, and we here on Midlothian Blvd. are blessed to have a nearby Sparkle Market and a Save-A-Lot. True, the Sparkle store is in Boardman, but the South Avenue Save-A-Lot is inside the city.
Councilman Mike Ray, D-4th, whose ward includes the Bottom Dollar on Mahoning Avenue, said he's worried about the future of that location as there are no other grocery stores nearby."We need to look to see if Aldi is going to reopen, and if not, who we can attract to that area because people need easy access to food," he said. "There is a market and a need for grocery stores there." - See more at: http://www.vindy.com/news/2014/nov/07/residents-officials-worry-over-impact-grocery-clos/#sthash.DQ1k2b3Q.dpuf
Cornersburg wont be affected as much as the Mahoning corridor
Cornersburg has sparkle and Rulli brothers right up the street
Isn't that area the more affluent area of the West Side? That would explain why there are more businesses located there than in the northern sector of the West Side.
Quote from: Towntalk on November 07, 2014, 08:26:54 AM
The big question as I see it is why the Mahoning Avenue corridor can not seem to maintain support for a full service supermarket within the city limits.
I've seen nothing to indicate that it can't.
This is just word of mouth, but I've heard that the owner of Westside Sparkle, at the corner of Mahoning and Belle Vista, was paid to close by Bottom Dollar. So, with Bottom Dollar gone, (assuming Aldi or another grocer doesn't reopen in that space) maybe that Sparkle will reopen?
A friend used to work at the Mahoning Avenue Sparkle Market. I'm sure she would gladly come back to work there if it would reopen.
The Mahoning Ave Sparkle did very well. Only thing I didn't like about it is that it wasn't clean.
I'm pretty sure they only closed because of Bottom Dollar.
If that's true, Bottom Dollar had to have paid the owner of Sparkle Market a whale of a lot of money considering the fact that each Sparkle Market building is owned by the people who run the store unless they are in a plaza such as the Union Square Sparkle was. I know that I was sick when they closed the Union Square Sparkle Market, but when Save-A-Lot moved in and I had the opportunity to try their meat, I was releaved and got most of it there - the 5 for $19.99 deals. Each month I would fill my refrigerator freezer with meat.
Quote from: Towntalk on November 07, 2014, 01:55:59 PM
If that's true, Bottom Dollar had to have paid the owner of Sparkle Market a whale of a lot of money considering the fact that each Sparkle Market building is owned by the people who run the store unless they are in a plaza such as the Union Square Sparkle was. I know that I was sick when they closed the Union Square Sparkle Market, but when Save-A-Lot moved in and I had the opportunity to try their meat, I was releaved and got most of it there - the 5 for $19.99 deals. Each month I would fill my refrigerator freezer with meat.
Well, the amount I heard (and I will stress again, that this is just hearsay) was $400,000.
http://www.post-gazette.com/business/2014/11/06/Bottom-Dollar-to-sell-all-66-stores-to-ALDI-PIttsburgh/stories/201411060276?ClearCache=1 (http://www.post-gazette.com/business/2014/11/06/Bottom-Dollar-to-sell-all-66-stores-to-ALDI-PIttsburgh/stories/201411060276?ClearCache=1)
I'm not aware of Bottom Dollar paying Sparkle anything. I heard that Sparkle decided to close that location due to competition.
Of course that's just what I heard, doesn't mean it's true.
What I don't understand is why we are just now hearing about it when it was being reported that this was in the works as early as August 20th.
http://www.philly.com/philly/blogs/inq-phillydeals/Bottom-Dollar-stores-are-For-Sale-report.html (http://www.philly.com/philly/blogs/inq-phillydeals/Bottom-Dollar-stores-are-For-Sale-report.html)
http://www.bizjournals.com/pittsburgh/blog/the-next-move/2014/08/report-bottom-dollar-grocery-stores-could-be-sold.html?page=all (http://www.bizjournals.com/pittsburgh/blog/the-next-move/2014/08/report-bottom-dollar-grocery-stores-could-be-sold.html?page=all)
http://www.progressivegrocer.com/industry-news-trends/regional-supermarket-chains/bottom-dollar-stores-sale (http://www.progressivegrocer.com/industry-news-trends/regional-supermarket-chains/bottom-dollar-stores-sale)
In the works. Nothing was finalized until now.
Good article.
http://www.vindy.com/news/2014/nov/07/residents-officials-worry-over-impact-grocery-clos/ (http://www.vindy.com/news/2014/nov/07/residents-officials-worry-over-impact-grocery-clos/)
Red flags were flying all over the place ... sky rockets were shooting up ... Why wasn't the media here pursuing these reports ... Oh wait a minute, the same thing happened way back when the Sheet and Tube was about to close and George Reese (Vindicator) sat on the story till Black Monday. He was the Industry Editor for the Vindicator and was caught with his pants down around his knees when he was sent to the press conference making the announcement.
There was no excuse for the articles that I linked to to slip by the Business Editor of the Vindicator.
Just checked the Vindy directory and they have no one specifically assigned to business news any more.