Amazon recently invited a select group of shoppers to tour its first Amazon Fresh grocery store, in Woodland Hills, California. While the new store has made headlines for its voice-powered Alexa kiosks and computerized “Dash Carts” that scan groceries as you shop, Amazon Fresh represents far more than a high-tech grocery store. The venture launches Amazon’s experiment in taking on more traditional grocery retailers, in an effort to expand its retail dominance. Amazon says that it will publicly open the store “in the coming weeks.”
Read MoreBaldwin, Florida, a town of roughly 1,600 residents west of Jacksonville, lost its last grocery store in 2018. Residents were left with a Dollar General and a 10-mile drive to the nearest full-service store. The town council couldn’t attract another grocery chain to take over the store, but they did own the property. So the council and Baldwin Mayor Sean Lynch decided the town would get in the grocery business and re-opened the store.
Read MoreWill out-of-state investors own a sizable portion of Costco’s chicken production? One investor from North Carolina has applied for permits to build at least 132 chicken houses across nine locations in four Nebraska counties, according to public documents reviewed by Food & Power. Read Claire Kelloway's latest story on how one private equity fund could own a quarter of the chicken houses for Costco’s project in Nebraska.
Read MoreWalmart sells 50 percent or more of all groceries in one in every ten metropolitan areas and nearly one in three “micropolitan” areas across the country, according to a report by the Institute for Local Self-Reliance, out last week. In 38 of these regions, Walmart sells 70 percent or more of all groceries.
Read MoreLast week, Walmart announced plans to sell its U.K. subsidiary Asda to rival British grocery chain Sainsbury’s. The proposed deal would create the largest grocery store chain in British history, with more than 31 percent of the market in the hands of one company. It would put even more pressure on farmers and food suppliers, and threaten 330,000 employees with job losses.
Read MoreA frenzy of deal-making is remaking the food delivery app business. In January, UberEats acquired Ando, a food delivery startup founded by celebrity chef David Chang. In early March, Japanese conglomerate Softbank invested $535 million into DoorDash. A few weeks later, Grubhub expanded its partnership with the review site Yelp to facilitate ordering home delivery of restaurant meals. Meanwhile, the tech publication ReCode reported last week, DoorDash and Postmates have discussed merging.
Read MoreFarmers, workers, and consumers alike may soon feel the effects of further consolidation in the already concentrated industry of grocery retail. On July 22, the Federal Trade Commission approved the latest in a long series of supermarket mergers, further concentrating control over U.S. food markets in the hands of a few giant corporations.
Read MoreRetailers are positioning themselves to charge customers based on their willingness to pay—so that my Burberry-dressed neighbor pays more than my thrifty neighbor for the same product. How are retailers tracking our shopping habits, and what does it mean for you?
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