All you big metro guys will have no idea what a Ray's is, but for Ifishers in smaller communities around Oregon, this has been the default grocery outlet. I can't say I am surprised to see the company in trouble, though. I always felt the chain kept open underperforming stores (big store, eerily little traffic) and its pricing structure was anything but competitive -- and bordering on abusive. I don't know how many times I found prices not just a few cents, or 50 cents higher than other stores, but DOLLARS higher. I got to where I would gladly travel another 8-10 miles beyond the local store to get to a Freddie's, figuring even with time and gas I would come out well ahead on a bag or two of groceries.
It seems the market has spoken. News stories today mention pressure from Walmart. I think that's a smokescreen for a chain that has "stuck it" to a lot of folks in smaller communities.
Bill Powell
It seems the market has spoken. News stories today mention pressure from Walmart. I think that's a smokescreen for a chain that has "stuck it" to a lot of folks in smaller communities.
Bill Powell