Judd LegumDec 5, 2022

1. Supermarket prices are up 13% in the last year and profits are at record highs

There isn't much competition to keep prices in check

Now, the nation's largest supermarket chain (@[email protected]) wants to buy the 2nd-largest (@[email protected])

What could go wrong?

https://popular.info/p/buying-the-competition

Buying the competition

Over the last year, prices for groceries are up 13%. Meanwhile, the price of food at restaurants has increased more slowly at 8.5%. Why? Restaurants are a highly-competitive industry. The grocery industry, on the other hand, has been consolidating. The total number of grocery stores in the United States "

Popular Information
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@juddlegum it’s nuts, absolutely nuts and no help in sight because the Dems won’t do anything about this and if you mention this you risk being burned at the stake for breaking solidarity.
It’s doubly crazy because if the Dems would take on economic issues like this they would crush the GOP tat the ballot box
Dec 5, 2022 at 6:25pmWeb