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Every store has their branded option and in some cases like TJs it's almost all their stuff. So even if there's only 2 name brands there's lots of options. An
by treis 3y ago
Every store has their branded option and in some cases like TJs it's almost all their stuff. So even if there's only 2 name brands there's lots of options.
And companies don't compete solely against existing companies. They compete against the possibility of new entrants. So a duopoly can't price much higher than the cost of a couple of their customers getting together to launch a competitor.
Anecdatally what I've noticed is that branded food has increased much faster than bulk or generic items. But that's not really a bad thing. That's market dynamics rewarding a company for being good at what they do.
- bombcar 3y agoCompetitors can come from unexpected angles, too. Around here some of the nicer convenience stores win on butter, milk, bread, or bananas.