Congress is going to throw the kitchen sink at big tech

Re:Congress is going to throw the kitchen sink at big tech by stephenhuey on Friday June 11, 2021 @11:19PM (#27481196)

Those 5 boroughs are pretty unusual compared to a majority of the USA. There are about 5,000 towns in the USA with more than 5,000 people and Wal-Mart has about 5,000 stores with $340 billion in grocery sales. Kroger and Costco both have over $100 billion in annual revenue with over 3,000 stores between them. Wal-Mart has over 40% of grocery stores in the country and these 3 stores together have over 70%.

https://www.statista.com/statistics/197621/annual-grocery-st...

https://www.foodindustry.com/articles/a-list-of-the-top-ten-...

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Re:Congress is going to throw the kitchen sink at big tech by crazygringo on Saturday June 12, 2021 @03:37PM (#27486927)

Your statistics aren't adding up.

There are 38,000+ grocery stores in the US.

There are less than 5,000 Wal-Marts. So if Wal-Mart is the largest grocery store, it's still less than 15% market share. Kroger has 2,800, and Costco has a little over 500.

The overall picture is clear: the long tail of supermarkets is long, and even the largest grocery chains command only a small percentage of overall market share.

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Re:Congress is going to throw the kitchen sink at big tech by stephenhuey on Sunday June 13, 2021 @09:24PM (#27498350)

I did not downvote you, but I see why you were confused. I should have clarified, but one of the links said total grocery sales revenue is $750 billion, so that's how I was calculating what fraction of the market Wal-Mart and other stores have. All those tiny grocery stores in dense urban areas account for much smaller slices of the revenue pie.

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