The Grocery Store Puzzle
Jan 28th 2021 12:50pm EST
The Grocery Store Puzzle Authored by Dan Rasmussen via Verdad Capital The 2010s were a difficult decade for US grocery stores. Competition intensified as European discount grocery chains entered the US and Amazon bought Whole Foods. Smaller players like Dean Foods went bankrupt. Margins were thin, and unionized workforces and pension funds drained profits.But COVID […]
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