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Walmart is merging with Costco? I kid. The American grocery market is far less consolidated than e.g. the Canadian one. Perhaps there is a minimum size necessa
by mastax 3y ago
Walmart is merging with Costco? I kid.
The American grocery market is far less consolidated than e.g. the Canadian one. Perhaps there is a minimum size necessary for an efficient grocery chain, or perhaps Canadian anti-trust enforcement is far too lax.
- bombcar 3y agoThe margins are insanely low and you can keep the branding even when merging to one company.
- Animats 3y agoBack in the 1960s, the Federal Trade Commission concluded that the optimal size for a grocery chain, in terms of consumer prices, was 14 stores.
- HWR_14 3y agoWithout defending the current consolidation, numbers from the 1960s may be outdated as advances in computerized supply chains, for example, have taken hold.