Are Supermarkets a Benefit to the Society or Do They Pose a Social Cost

Supermarkets whether good or bad have become a necessity but the question is whether all types of supermarkets are beneficial to society. Supermarkets offer a variety of value-added services to its customers, it includes banks, canteens, music rentals, medical help, and stock meat, baked products and other household merchandise. Supermarkets all over the world have generally been beneficial to mankind. Supermarkets store a lot of things like household materials, dairy products, and groceries. Customers serve themselves and buy products. Some stock goods for a month, others make frequent visits like every twice in every week. The goods are most abundant to match the demand.Advantages of supermarkets
Supermarkets’ success or failure is dependent on the goods they stock and the prices they keep. The other important factors are location, size, service, quality, and proximity to its competitors. The customers are generally attracted to supermarkets which stock goods at low prices and never run out of stock. There is a new trend of shopping through the internet, even for perishable groceries. But shopping on the internet has not been as successful as shopping in supermarkets has been because people still prefer to step out of their busy schedules and shop for groceries for home and the prices are negotiable at stores. Another factor that has made shopping on the internet a less attractive avenue is that people are not merely looking at the products on a computer screen. they are holding it in their hands before buying.Despite the fact that stakeholders especially suppliers are by and large satisfied with the products they supply and the return they get. Suppliers have been able to develop a mutual interest relationship between themselves and retailers or wholesalers.&nbsp. The competition in the United Kingdom is intense and the only stakeholder that is largely benefitting from this is a customer. Customers are enjoying the competition-driven prices that have made prices low.&nbsp.