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Duking it Out

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Touch the Soil News #703 Grocery stores are the realm of big capital. Unlike the small neighborhood grocers of 50 years ago, billions of dollars of investments have muscled into the backrooms of every grocery chain. Big investors have always warred against each other, but more aggressive incarnations are erupting in the grocery industry. As we speak, Canadian grocery stores continue to take a walloping from U.S. grocery giants that moved in. A recent story by the Canadian Press revealed that between 2004 and 2015, Canadian grocers lost over 11 percent of their market share to the likes of Costco and Wal-Mart. In the United States, American grocery stores are…

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What Will $1 Billion Buy?

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Touch the Soil News #559 For starters, it might buy you a grocery chain of 134 stores with 24,000 employees (The Price Chopper grocery chain in New York). Albertson’s grocery stores (2,205 locations and 164,000 employees) recently said it has been in advanced talks with the owners of Price Chopper to buy the whole chain for about $1 billion. Price Chopper is owned by the Golub Corporation – a family enterprise that got into the grocery business in 1932. Different from other grocery stores, Price Chopper phased out the sale of tobacco products in all of its stores some two years ago. The store has also been trying to become…

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Grocery Services to Change Food Buying

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Touch the Soil News #527 Online giant Amazon has been in the top end food delivery service since 2008. Now they want to actually open brick and mortar stores. Some of the stores will be what is called Click and Collect – buy the groceries online and then stop at a convenient Amazon store to pick them up. Rumors are that Amazon may utilize license-plate scanning, in-store Kiosks and a rapid drive-through pick-up option. While it is still a ways off, rumor also has it that they plan to have a 20-location pilot program in places such as Seattle, Las Vegas, the Bay Area and New York within a couple…

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The Top Ten Grocery Retailers in America

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Touch the Soil News #404 Growing your own or buying from a local farmer is certainly “Hip” these days – and for good reason. As mega retailers strive to grow, they automatically create larger and larger back-end suppliers. Anymore, when there is a food safety problem it can quickly escalate to a multi-state issue. This CVS pharmacy store also sells groceries. It is competing successfully against grocery-only chains. CVS, is the No. 5 grocery retailer in the U.S. with the largest number of storefronts at 7,911, with over 50 percent more storefronts than Walmart. Walmart sells almost six times more groceries and consumables than CVS. However other retailers that sell…

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