‘In B.C. … probably the most popular grocer is Trader Joe’s.’ Grocery competition, plus other letters to the editor for July 3
: What would stop new grocery entrants from participating in mergers to eventually become megastores themselves?
In the 1970s, this ideology changed to “bigger is better.” Dramatic policy shifts created a trend toward mergers, putting smaller businesses at a disadvantage. When U.S. low-price juggernauts Walmart and Costco crossed the border, many predicted doom for Canadian competition. Today I can head out and find Costco, Walmart, Loblaws and Dollarama within spitting distance of each other, and Sobeys is just round the corner.
I recently stopped at Trader Joe’s in Olympia, Wash., where the clerk said the Bellingham store has the largest sales volume in the state due entirely to Canadians. On occasion, U.S. customs officers ask, “Are you going anywhere other than for gas and Trader Joe’s?”
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‘Corporations have been using inflation as cover’: NDP calls for grocers to be subject to windfall taxAfter the Competition Bureau found grocers had increased their profits by 50 per cent during a period when inflation rose to a 40-year high, New Democratic Party leader Jagmeet Singh called for a windfall tax on the grocery sector.
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Letters to the Editor, July 2, 2023Letters to the Editor, July 2, 2023
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