Loblaw, Sobeys, Metro and Costco sell about 67 cents of every dollar Canadians spend on groceries, by a USDA estimate. The four biggest US food retailers sell about 35 cents.
Loblaw, Sobeys, Metro and Costco sell about 67 cents of every dollar Canadians spend on groceries, by a USDA estimate. The four biggest US food retailers sell about 35 cents.
Wow four whole supermarket chains? That’s double Australia, where we have just two.
I’d wager it’s more or less the same structural reasons as Canada though.
Canada was founded on careful, conservative protection of landed elites. So, yeah, same story.