Consolidation in Food Retailing: Prospects for Consumers and Grocery Suppliers
نویسنده
چکیده
unprecedented consolidation and structural change through mergers, acquisitions, divestitures, internal growth, and new competitors. Since 1996, almost 3,500 supermarkets have been purchased, representing annual grocery store sales of more than $67 billion (including food and non-food sales by supermarkets, superettes, and convenience stores). Two of the largest food retailing combinations in history were announced in 1998: the merger of Albertson’s (the nation’s fourth-largest food retailer) with American Stores (the second-largest), and the acquisition of sixth-largest Fred Meyer by first-ranked Kroger Company.
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The authors thank Kate Hook for her editorial assistance. Any mistakes are those of the authors. Comments are encouraged. All views, interpretations, recommendations, and conclusions expressed in this document are those of the authors and not necessarily those of the supporting or cooperating organizations. Readers may make verbatim copies of this document for noncommercial purposes by any mean...
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