Grocery stores have many ways to show different customers different prices based on their personal data. Several states seek to ban so-called “surveillance pricing.”
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With their merger blocked, Kroger and Albertsons need to find other ways to compete. The chains are better off than their merger fearmongering implied, but short-term investor payouts could get in the way of growth.
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The FTC published a report confirming what many suspected about the role of profiteering in driving up food prices and aggravating shortages during the COVID-19 pandemic.
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After extracting hundreds of millions in dividends and navigating two bankruptcies, Lone Star private equity wants to sell Winn-Dixie to Aldi, further consolidating the Florida grocery market and putting thousands of jobs at risk.
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Grocers want to cash in on their troves of shopper data by selling more targeted ad spots online and in-store. But the largest grocers and food brands are poised to make the most money and sales off this growing trend.
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Visa and Mastercard’s duopoly over credit networks has driven up swipe fees and raised costs for small grocers. A new bill wants to give stores more options for accepting credit cards.
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Legal challenges to Albertsons’s special dividend put a spotlight on the ways private equity extraction drives grocery consolidation.
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A merged Kroger/Albertsons empire could supercharge store closures, layoffs, price gouging, and supplier squeezing, further harming shoppers, workers, farmers, and independent grocers.
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While Whole Foods talks a big game about supporting local businesses and their workers, both groups have been shunted as the chain seeks to compete with dominant retailers.
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Claire Kelloway wrote about the role of food corporations’ market power in rising prices (and rising profit margins) for Time magazine.
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No one seems to know how to offer quick, profitable grocery delivery without gouging grocers, exploiting workers, or abandoning brick-and-mortar stores altogether.
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A trade association for independent grocers calls on Congress to revise and enforce a law banning price discrimination that antitrust enforcers have put on the shelf.
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