Re:Amazon's Whole Foods deal under scrutiny
by prostoalex on Tuesday July 25, 2017 @01:43AM
(#14845375)
> If a given chain is only able to compete in the markets with the least purchasing power, that could have the effect of causing those chains to go out of business
This is the status quo today, it's not like we have incredible diversity of grocery chains serving each and every market out there. Whole Foods, Wegmans and Bristol Farms dominate the top tier, Costco inserted itself to serve upper middle class suburban communities, Safeway and equivalents vie for middle and lower-middle markets, while Walmart Supercenters, 7-11s, corner bodegas and Chinese/Korean grocers operate in lower-income markets.
This is the status quo today, it's not like we have incredible diversity of grocery chains serving each and every market out there. Whole Foods, Wegmans and Bristol Farms dominate the top tier, Costco inserted itself to serve upper middle class suburban communities, Safeway and equivalents vie for middle and lower-middle markets, while Walmart Supercenters, 7-11s, corner bodegas and Chinese/Korean grocers operate in lower-income markets.