Why Rami Bitar’s Tawfeer Supermarkets Have Become a Staple for the Lebanese Shoppers
In a crisis that could be called the worst economic situation in 30 years, and with over 70% of the Lebanese population below poverty line, discount supermarkets have just become another tool in a fight for survival. A regular walk into any supermarket would show you skyrocketing increase in prices of all goods whether essential or considered “luxury”.
This situation has been exacerbated by the global pandemic,
the mass layoffs and the country’s exodus of companies and organizations that
have sought refuge somewhere else. The crisis has caused the value of the
Lebanese pound to plummet to record lows. Furthermore, Lebanon imports about 80
percent of the goods it consumes, based on a governmental policy adopted 30
years ago that abolished the industrial economy in Lebanon and instead favored
banking clientelism and remittances as a main source of income.
SO now that food items today cost about ten times more than in 2019, there is a
need for a more affordable chain of supermarkets that can cater to that
underprivileged 70%.
With over 30 stores nationwide, Tawfeer supermarkets have
become the new refuge to Lebanese shoppers that do not want to feel a burdened
and heavy heart with every grocery shopping spree. It’s main unique selling
point is that consumers find all their basic shopping needs at cheapest price
in the market. From weekly specials to affordable international and local
brands to daily discounts, Tawfeer has become a staple for the Lebanese
residents when it comes to shopping for their basic needs.
Mr. Rami Bitar, CEO of Tawfeer,
says: “We cannot take part in the destruction of the Lebanese community nor in
the abuse of their pockets. We are here as partners in their struggle as we
ourselves are facing that fight as well.”
According to the Lebanese ministry of economics, the price of cooking oil has
increased by 37x, milk by 7x, rice by 19x, chicken by 9x and the list goes on
and on and on. While the inflation, economic collapse, global supply chain
shortages and the situation between Russia and Ukraine do play a role in the
explosion of prices, one thing is for sure, greed is a factor as well. Many
inflated prices should have gone up true, but not as much as they
did. Tawfeer Supermarkets have created a competitive advantage here
with their refusal to increase prices beyond reason. Rami Bitar adds:
“We cannot control the black-market rate, or the economic collapse or
international circumstances beyond our reach but we can control our greed and
expand our design thinking to find better ways to supply Lebanese with the best
product versus price.”
A report by UNESCWA in 2020 found that Lebanon has one of the most unequal
wealth distributions around the world. About 70 percent of the country’s
personal wealth is owned by only 10 percent of its adults. The figures now have
become even more dramatically unequal. In light of all of these circumstances,
finding few places of refuge for the average citizen have become are a rare but
much needed commodity.
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