6 ms·
Nothing good is going to come from this, what amounts to grocery store monopoly.
by bfrog 4y ago
Nothing good is going to come from this, what amounts to grocery store monopoly.
- leereeves 4y agoMonopoly? I thought so too, until I found out that Walmart is the largest grocer. This is a merger of #2 and #3 (at least in the West - Safeway (Albertsons) isn't even #3 nationwide).
- takk309 4y agoSafeway is under the Albertsons umbrella already. https://www.safeway.com/about-us.html https://www.safeway.com/about-us.html
- leereeves 4y agoTrue. I said Safeway because that's the brand they use where I live.
- coldcode 4y agoHere in FL there is a Publix on every corner.
- kasey_junk 4y agoIf this merger goes through it will result in a grocery store chain that is more than 3 times the size of Publix (in store count).
- throwup 4y agoAn oligopoly is not much better.
- lapcat 4y ago> Walmart is the largest grocer. I rarely shop at Walmart, for a number of reasons, but on a couple occasions I've picked up some milk at Walmart, because I needed some and wasn't near my other grocery stores. Never again though. The last time was ridiculous: Walmart marked up every brand of milk to absurd prices much higher than other grocery stores, except for their "store brand" milk, which wasn't cheap either. I didn't even bother getting a full gallon, just the smallest I could find and got the hell out. I couldn't imagine shopping there every week.
- coredog64 4y agoI do grocery shopping for the family and for reasons I have to shop at Kroger, Walmart, Target, and Aldi. Walmart far and away has the lowest prices against a consistent basket of goods. Kroger will only beat it on a loss leader. And it’s not just ten or fifteen cents: Regular purchases are dollars cheaper at Walmart.
- lapcat 4y agoMaybe they make it up in milk? I can't speak about their other grocery prices, but the milk was ridic.
- jvolkman 4y agoThe effects are local, though. The existence of Walmarts somewhere doesn't affect people living in Seattle, for instance, since there are no Walmarts within the city. We have 16 Kroger-owned stores (QFC and Fred Meyer), 15 Albertsons-owned stores (Safeway), and no other "normal" grocer chains (there's Trader Joe's, Whole Foods, etc.)
- criddell 4y agoThey're going to create a lot of shareholder value.
- snarfy 4y agoThe real cartel is in the grocery suppliers. Grocery stores all get their food from the suppliers. https://en.wikipedia.org/wiki/Performance_Food_Group https://en.wikipedia.org/wiki/Performance_Food_Group https://en.wikipedia.org/wiki/Core-Mark https://en.wikipedia.org/wiki/Core-Mark These are the people all the farms sell to.
- simonsarris 4y agofunny enough PFG just acquired Core-Mark
- wrycoder 4y agoEr, wow! Is there any competition beyond those two?