Supermarket buyout mania. (grocery industry mergers): An article from: Dollars & Sense

This digital document is an article from Dollars & Sense, published by Economic Affairs Bureau on November 1, 1996. The length of the article is 2095 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Mergers in the grocery industry enable giant corporations to gain more profits at the expense of laid off workers. Despite the alleged benefits of economies of scale, greater cash flow and better services, supermarket mergers only result to higher prices because buyers resell these businesses after drawing out the latter's cash. As business partners amass profits with each buyout, workers lose job security and union protection.

Citation Details
Title: Supermarket buyout mania. (grocery industry mergers)
Author: Marc Breslow
Publication:Dollars & Sense (Newsletter)
Date: November 1, 1996
Publisher: Economic Affairs Bureau
Issue: n208 Page: p14(4)

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