TKC TOLD YOU SO!!! SUNFRESH OWNED BY KANSAS CITY ALREADY BROKE AND BEGGING FOR CASH!!!



One year after the grand opening, the new Sun Fresh Market at the corner of Linwood Blvd. and Prospect Ave is already on its way to bankruptcy and is now totally dependent on City Hall support for survival.

To wit and despite political rhetoric lamenting "food deserts" that won't help generate revenue . . .

OUR TKC BLOG COMMUNITY PREDICTED INEVITABLE FAIL FOR THIS GROCERY STORE BUILT TO SATISFY POLITICAL  MOTIVES AND NOT MARKET FORCES!!!

Check the damage . . .

Fox4: City-owned Sunfresh grocery store can’t pay its bills

Deets:

After a year in operation, Kansas City council members learned Wednesday that the grocery store the city created at 31st Street and Prospect Avenue isn't making enough money to pay its bills.

The finance committee unanimously approved a $345,000 subsidy Wednesday for the Sunfresh grocery in the Linwood Shopping Center.

Nearly $15 million of both public and private money has already been invested into revitalizing the shopping center.

To be fair, today's discussion accurately noted that violence in and around the store has chased customers away. Our readers were first to break news about a serious "shrinkage" crisis (ew) and throughout the year there have been shootings, assaults and a bevy of serious crime near the locale.

So what's the plan to save the store and move to profitability?

Sadly, there's nothing on the table but seemingly endless taxpayer subsidy for another bad idea that was only established to justify more giveaways to developers.

You decide . . .

Comments

  1. More security and a bigger booze section. That's the only way to stay open. Also selling lots and lots of lottery tickets.

    ReplyDelete
  2. This liability should go directly to the creator of this massive waste of tax dollars, none other than Jermaine Reed. You would think that someone with an MBA from UMKC would realize that this venture was doomed from the beginning.

    ReplyDelete
  3. hahahhahahahahhahahahhahahhahahhahahhahaha

    ReplyDelete

  4. Like they thought it would make money there. How stupid.

    ReplyDelete
  5. No city should be handing out cash to a privately owned business. But I find it strange that the city didn't hand Leon's Thriftway some money to try and stay open.

    So what's the scam in place for the owner John Lipari, of the Lipari Bros Sun Fresh?

    How much money did John Lipari put into his pocket last year from this store?

    Everyone but that idiot Reed knew this was a bad deal.

    ReplyDelete
  6. John Lipari is not an owner, merely an operator. He walked in to a rent-free gig and had to only order product. No property taxes either as it was a TIF project. The Mayor and Council made a huge deal out of the fact that the TIF would be paid back through sales but failed to acknowledge that over 80% of urban grocery purchases are paid for with WIC or SNAP and NO tax is levied on those purchases. The whole thing was a sham from the beginning including the false claims of being in a food desert. Bunny the Newshound over at The Northeast News along with Pat Touhy at the Show Me Institute expertly pointed this out in June of 2016, three years ago to the day. http://northeastnews.net/pages/kansas-city-food-desert-myth/

    ReplyDelete
  7. Sly James Frosty Shit Hole City7/10/19, 2:19 PM

    Just think Momentum! Think it over and over!

    ReplyDelete
  8. 2:18 the city owns the shopping center not the store. The store is owned and ran by Lipari Brothers Sun Fresh Market LLC.

    Under the development agreement with Linwood Shopping Center Initiative, LLC, the city will purchase property on the west side of Prospect between 31st Street and Linwood from Linwood Shopping Center Initiative, LLC. Lipari Brother’s Sun Fresh Market, an affiliate of Associated Wholesale Grocers will own and operate the full-service grocery store at that location.
    By 1992, one of Maxwell’s companies was not repaying money that it had borrowed, and the Linwood site was not generating enough funds to repay its loans. In 1993, the city was purportedly providing additional funds to Maxwell because of cash flow issues at the site. In March 1996, Maxwell was reportedly being pursued for $500,000 in defaulted SBA loans, and by November 2009, the Linwood property had gone into receivership. Move forward to in May 2015, and Mayor Sly James has “announced plans to purchase property at the Linwood Shopping Center from Linwood Shopping Center Initiative, LLC, an entity managed by none other than Don Maxwell who had somehow gotten hold of the property again in 2014. In 2016, the city completed the deal.”

    So who is still involved in this scam today none other than Don Maxwell who has fucked city taxpayers with his pie in the sky dreams for many years.

    ReplyDelete
  9. Fortunately there are two individuals who can now actually help at the store.
    Sly will be taking over management of the produce section, something he might actually be able to handle.
    And Reed will be working in the frozen food department. He was first considered for either the meat operation or bakery, but the insurance agency was concerned about him handling sharp knives.
    Both will be working for free, since they have their pensions the taxpayers so generously provided.
    A failed grocery store in the exact some location one failed at previously?
    Shocking!

    ReplyDelete
  10. And really???? what did you expect? of course they cant pay their bills. Finance 101 is NOT something that this grocery, 18th and vine nor any other city run effort understands.

    ReplyDelete
  11. These are the typical white folks responses when it comes to businesses located east of Troost. Always trying to begrudge the black community of a piece of the pie. I don't see the same responses when we talk about how much money KCMO spent in the Power and Light district, the new street/light rail, all the luxury hotels and condos downtown, not to mention Westport and the Plaza. White folks are not the only ones paying taxes and making money in KC. Did you know that over 40% of white households in the US receive food stamps each month compared to 25% of black households? Stop hating....

    ReplyDelete
    Replies
    1. Translation: Gibsmedat!

      Delete
  12. 3:32 ^^Yeah, I also heard Jolie Justus will be ushered in as head cashier, minimum wage.

    ReplyDelete
  13. "Wood admits that it's been hard to predict how much economic support the shopping center would receive in a neighborhood where people have moved away and there's not much other money being invested."

    Wood must be stupid. It is very easy to predict the economic support. zero. Stop spending tax dollars there. $300k buys a lot of bus tickets to successful, tax paying grocery stores.

    ReplyDelete
  14. Ok 4:11, you give some crazy ass stats there but you didn’t give killa shitty stats for the entire country, what are the numbers for here?

    ReplyDelete
  15. This would be the perfect location for the Sly James picnic.

    ReplyDelete
  16. This an early preview of the new airport debacle.

    ReplyDelete
  17. I think you know what the numbers mean...

    ReplyDelete
  18. @ 4:11, you misread the stats - 40% of all food stamps GO TO White Households, while 25% GO TO Black Households, and 15% to "Mixed" Households (a majority of which are single White Mothers with Mixed Race children).

    Considering that Whites are around 70% of the US Population and Blacks slightly over 12%, it doesn't seem your picture is too accurate.

    ReplyDelete
  19. You idiots get your facts straight,
    Non-Hispanic whites, however, accounted for 61 percent of the U.S. population in 2016, so they utilized food stamps proportionally less than their share of the population. Blacks made up 12 percent of the population, but 25.6 percent of all recipients in 2016. Hispanics accounted for 18 percent of the population and 17.2 percent of all recipients.
    For the Temporary Assistance for Needy Families (TANF) program, the largest share of its 2.8 million recipients in FY 2016 – 36.9 percent – were Hispanic. Black Americans made up 29.1 percent of all recipients and whites made up 27.6 percent.
    Pew Research Center found that blacks are more likely than other ethnic groups to have received benefits at one point in their lives. In a 2012 survey, 64 percent of blacks, 56 percent of whites and 50 percent of Hispanics said they had used at least one of six entitlement benefits, including Medicaid, Medicare, SNAP and Social Security.

    ReplyDelete
  20. Niggers everywhere7/10/19, 6:05 PM

    We steals!

    Dats whats we do.

    ReplyDelete
  21. ^^Well that's true also

    ReplyDelete
  22. Shocking! Who didn’t see this coming with Sly James, Jermaine Reed, Quinton Lucas, John Miles and the rest of the loser gang....? It’s a wonder it made it through a year. Grand opening - grand closing. I personally shop in other jurisdictions due to the large number of undesirables that frequent the place. No change for me... I just came from a nice grocery experience and spent less than $20.

    ReplyDelete
  23. I forgot to mention that con-artist Maxwell... yeah, he’s part of the problem, too. Lives in Leadwood, a convict who spent time in prison. Don Maxwell is far removed from the urban core and only came back to the table when the City over promise tons of cash. Why can’t these grifters earn a living like everybody else. This is yet another failed black sponsored project and I wanted to be part of the solution but these scoundrels are too menacing to put anything reputable together. It’s a sham. Always has been always will be. Tell me how East Patrol development down the street is helping neighbors feel safe in their homes... it’s not - there’s been more robberies, gun violence and other mischief at and around that site since the 80’s. Just a week ago... somebody else was shot dead at 28th Olive. Send these folks back to prison and Miles back to Arkansas. They’ve done no good here.

    ReplyDelete
  24. Mr. Diversity7/10/19, 7:09 PM

    Video of shopping style in the black community

    https://nypost.com/2019/07/10/wild-video-shows-group-of-60-teens-looting-philly-walgreens/

    ReplyDelete
  25. Negroes ruin everything. No surprise here.

    ReplyDelete
  26. you can open as many stores as you like dosent matter if noone has any money

    ReplyDelete

Post a Comment

TKC COMMENT POLICY:

Be percipient, be nice. Don't be a spammer. BE WELL!!!

- The Management