Report: Dollar Stores are replacing indie grocers at the expense of consumer health
December 18, 2018
Dollar Stores have been gobbling up market share from grocers in rural and inner-city areas for years, and the growth momentum continues. A report issued by Institute for Local Self-Reliance (ILSR) concludes that the dollar store channel has been the beneficiary of supermarket industry consolidation as the top four chains — Walmart, Kroger, Ahold-Delhaize and Albertsons — force independent grocers out of business. The result: consumers in lower-income markets now have little choice but to shop at dollar stores with their limited selection of healthy foods.
Recent News
Ford’s Total EV Sales Post $1.3 Billion Loss in Q1
Ford’s EV division, known as Model e, faced a tough start to 2024.
FTC Refunds Ring Customers $5.6 Million for Video Privacy Issues
The FTC is giving back $5.6 million to consumers due to a settlement with Ring, an Amazon-owned company. The issue arose when Ring failed to protect customers’ private video footage from unauthorized access.
Meta’s Investment Plans Rattle Investors
Mark Zuckerberg’s recent announcement about Meta’s spending plans left investors concerned.
Spotify Faces Disruptions After Layoffs
During Spotify’s recent earnings call, CEO Daniel Ek acknowledged that the company’s decision to lay off employees last December had a more substantial impact on operations than initially anticipated.