After only one year in operation, the Okey-Dokey Grocery, a Russian-backed retail venture that envisioned opening as many as 400 small discount grocery stores around Florida, has closed or will close all of its stores, reported Supermarket News (SN). This includes the Homestead store located 28600 SW 137th Ave at Biscayne Plaza next to the Home Depot.
The South Florida market is dominated by Publix Super Markets and new ventures like Okey Dokey cannot compete effectively. Additional competition is coming to the area as Walmart will build a Supercenter soon on the southeast corner of Biscayne Dr (SW 288th ST) and Speedway Blvd (SW 137th Ave).
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