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| Name: |
rude evin
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| Subject: |
Walnut Hill Grocery
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Date:
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12/14/2011 11:57:12 AM
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Anybody on the SE part of the lake..............what's the story behind the closing of the WH grocery????
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| Name: |
Osms
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| Subject: |
Walnut Hill Grocery
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Date:
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12/14/2011 3:28:14 PM
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Is that the Eagle station or Exxon?
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| Name: |
Barneget
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| Subject: |
Walnut Hill Grocery
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Date:
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12/14/2011 5:08:21 PM
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Heard o/o taking job with steady income. Walnut Hill Grocery is one of a number of businesses adjacent to lake that never fully recovered from the 1 2 3 punches of drought, business loan evaporation, and 1930's like economic recovery. Hope he, his employees, and their families, all pull through, and land on their feet.
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| Name: |
rude evin
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| Subject: |
Walnut Hill Grocery
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Date:
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12/14/2011 6:12:17 PM
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OSMS...........it was the Exxon..........Barneget, I echo everything you've said...........just hate to see a business go belly up like that any time of the year, but especially during the holiday's. Hope we see a better economy next year and someone go in there and make a go of it.
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| Name: |
John C
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| Subject: |
Big D's also
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Date:
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12/14/2011 6:37:52 PM
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at the corner of Little Steel Bridge Road and Coosa 2 - I heard it also closed, sadly.
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| Name: |
John C
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| Subject: |
Big D's also
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Date:
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12/14/2011 6:37:53 PM
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at the corner of Little Steel Bridge Road and Coosa 2 - I heard it also closed, sadly.
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| Name: |
lakngulf
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| Subject: |
Big D's also
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Date:
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12/14/2011 7:41:01 PM
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I had noticed that Big D's was closed up for the last week or so. I was hoping they were just taking a few days off. Sorry to hear they are closing up. They certainly gave it a good effort.
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| Name: |
Feb
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| Subject: |
Then We also Lost Veazey's Some Time Back
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Date:
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12/14/2011 8:06:28 PM
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I think this is at least the second time it has closed or changed hands in the last few years. I see it on the Realty listings.
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| Name: |
alahusker
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| Subject: |
Walnut Hill Grocery
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Date:
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12/14/2011 8:10:43 PM
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Rumor or has it it was a forced SEUI deal.. required, $35/hour, full healthcare and retirement at age 40 with all benefits.. The profit hungry WHG people said they could not pay so they shut the doors.. Shame on them..
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| Name: |
CAT BOAT
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| Subject: |
Walnut Hill Grocery
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Date:
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12/14/2011 8:26:46 PM
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Only ONE there. >>> Exxon, that I know of. And, it's personal reasons according to the owner.
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| Name: |
Osms
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| Subject: |
Walnut Hill Grocery
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Date:
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12/14/2011 9:46:27 PM
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The Eagle store is across the intersection and sells non-ethanol gas for $3.03 while Exxon was over $3.22 for ethanol regular. I really hate to see any of our businesses close down, but in today's economy everyone is looking for the lowest price for everything. BTW, I believe the Eagle store has the lowest priced gas in this part of the world. Shell at 49/34 is close behind at $3.04.
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| Name: |
roswellric
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| Subject: |
Walnut Hill Grocery
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Date:
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12/14/2011 9:55:18 PM
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Been struggling for a long time. Just not enough business around the lake the last 3-4 years and not enough traffic on 49. Too bad. I thought the store was interesting.
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| Name: |
Barneget
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| Subject: |
More than you want to know...
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Date:
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12/14/2011 10:32:24 PM
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The Exxon was, at one time, contracted with a Montgomery distributor. That distributor went under, and the contracts were assigned, by the bankruptcy judge, to a Birmingham company not known for good dealer relations. The Birmingham distributor made unilateral changes to the contracts, with the judges approval. These changes included higher delivery base rates, higher fuel delivery surcharges, a 50% increase in credit card processing fees, redefining minimums for truckload discounts, reducing payment terms from 14 days to in some cases 3 days, and tying wholesale cost to the Birmingham market, vs the lower priced Montgomery market. The dealer had to either ride the contract to the end of the term, or buy out, based on future profit projections tied to the new, much higher, pricing. Legal experts told the dealers that because this was approved through a US Bankruptcy Judge that the dealers had no recourse. These actions put the locally owned dealers in the Montgomery metro area at a great competitive disadvantage. One of my stores was branded Exxon, and I suffered along with the others. I estimated the reassignment was costing me a minimum $.125/gallon, at a time when consumers would drive past you for two pennies. I bought out 3 years early, but could spread the cost over my other stores. Most single store folks are not in a position, and are therefore stuck with the pricing, and the resultant consumer drive by. Finally, if someone is selling ethanol free at that price, get it now, because they are AT LEAST $.10 below replacement cost.
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| Name: |
MrHodja
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| Subject: |
Walnut Hill Grocery
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Date:
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12/14/2011 10:39:06 PM
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There are not enough full-timers on the lake, and thus relying on only summer time revenues will continue to be a risky business model. A lot of us complain about prices on the lake (me included) during the summer months that we are there, but businesses have to compute profits and losses on a 12 month model, not the four or five month model most of us use to determine when we spend time there. Thus they have to make more while we are on the lake, otherwise they can't stay in business. As more convert to full time status the landscape should be more favorable to keeping a business going long-term.
Hope all are well and to each a Merry Christmas.
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| Name: |
Osms
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| Subject: |
More than you want to know...
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Date:
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12/14/2011 11:20:20 PM
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Roger on the low non-ethanol price. He's had that price for a couple of weeks. Shell @ 49/34 has been at $3.04 for over a month and holds that price--my guess is, he is the competition and is making a smart, business building decision by holding the line on gas price to build his in-store traffic--he's also open 24/7.
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| Name: |
Lifer
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| Subject: |
Everything that you read here is true, BUT,
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Date:
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12/15/2011 9:41:37 AM
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the reason for the closing is a divorce. I wont go in to the personal aspects that I am privy too, but it was NOT lack of business, it was personal choices made by someone that affected all of them.
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| Name: |
Samdog
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| Subject: |
Big D's also
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Date:
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12/15/2011 12:03:49 PM
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Yes and they will be sadly missed. There is nothing really else close by and they tried to have a little of everything. Really friendly folks. I wish them the best.
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| Name: |
itisd
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| Subject: |
Sell it
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Date:
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12/15/2011 7:46:55 PM
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You would think that they would sell it. Wait too long and it's hard to get the customers to return.
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| Name: |
Barneget
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| Subject: |
Sell it
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Date:
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12/15/2011 8:10:38 PM
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Now why didn't they think of that? Should be no problem selling it. Everywhere I go, I see people, with wads of cash, in long lines, waiting to buy retail businesses, especially in counties with 11% unemployment, and seasonality tied to a recreation area, while gasoline swings between $3 and $4 per gallon.
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| Name: |
itisd
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| Subject: |
Sell it
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Date:
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12/16/2011 8:06:12 PM
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From what I read they didn't try- if the price is RIGHT- there are buyers- By the way gas was $2.98 gallon this afternoon at Redland road and 231. USA Today reported hiring is up and filing for unemployment the lowest of the year- YEA things are better. These people will need gas , bread, candy ,potato chips, ice and a copy of Lake Magazine and Lake Martin Living. Walnut Hill Grocery live on.
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| Name: |
Barneget
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| Subject: |
Sell it
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Date:
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12/16/2011 11:59:59 PM
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The price must be RIGHT for both buyer and seller. I will miss Walnut Hill Grocery, and the full service at the pumps, and the breakfast biscuits, and the chicken tenders, and buying fireworks for the summer holidays, and good ice cold beer, and fresh snuff, and catching up on the health and welfare of the locals, and occassionally setting in the rockers solving the important issues of the day, with Butch and a handful of others.
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| Name: |
itisd
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| Subject: |
Sell it
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Date:
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12/18/2011 7:48:35 PM
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I would not be surprised if someone was not operating it by April 1.
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| Name: |
lamont
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| Subject: |
Sell it
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Date:
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12/26/2011 9:45:25 AM
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I would of thought Jim's would go under first. Anybody been in there lately? Absolutely nothing on the shelves. By the way, trust me, they were trying to sell Walnut Hill. I know one of the brokers trying to sell it and in this market, the asking price was simply to high in todays market.
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