“We believe the way to be America’s best grocer is to provide great value by consistently lowering prices and offering more choices. When we do this, more customers shop with us and buy more groceries, which allows us to reinvest in even lower prices, a better shopping experience, and higher wages,” said Rodney McMullen, chairman and CEO of Kroger.
It’s a load of tripe. All these big companies come in with lower prices, drive their local competition out of business, then raise them once they’ve got a local monopoly. Even if Kroger currently has the best of intentions (I don’t believe that), I wouldn’t trust the next person or the one after that.
We’re already fighting a losing battle with suppliers gouging and creating higher prices or shrinking portions for the same price. I’m scared to see what grocery bills would look like under a store monopoly in addition to that.
“We believe the way to be America’s best grocer is to provide great value by consistently lowering prices and offering more choices. When we do this, more customers shop with us and buy more groceries, which allows us to reinvest in even lower prices, a better shopping experience, and higher wages,” said Rodney McMullen, chairman and CEO of Kroger.
It’s a load of tripe. All these big companies come in with lower prices, drive their local competition out of business, then raise them once they’ve got a local monopoly. Even if Kroger currently has the best of intentions (I don’t believe that), I wouldn’t trust the next person or the one after that.
We’re already fighting a losing battle with suppliers gouging and creating higher prices or shrinking portions for the same price. I’m scared to see what grocery bills would look like under a store monopoly in addition to that.