The Woolworths’ new convenience-type-store in Kirribilli has competitor stores already feeling squeezed despite the new store only being open for a few days.
News.com.au reported the owner of the fruit shop next door had cancelled his lease and another convenience store across the road has begun to consolidate his external florist to within the store.
The new store, selling ready-made meals and barista-made coffee, had only been opened for a few days before causing waves within the area.
Kirribilli House of Fruit owner Nick Economidis told News.com.au locals had promised to continue to support him and other small businesses in the area but that cheaper pricing would win out in the end.
“You just can’t beat these big boys,” Mr Economidis said.
“And once there’s no more competition, they’ll do what they want with the prices.”
Woolworths Metro general manager Justin Nolan told News.com.au “We know customers are increasingly looking for quality fresh food options at affordable prices in convenient locations and Woolworths Metro Kirribilli is designed to meet these needs.”
“Catering for busy city workers, Milson Point train commuters, tourists visiting the area and local residents looking for quick and easy ‘grab and go’ shopping options, the new Woolworths Metro offers a curated and contemporary range,” Mr Nolan said.