I wonder if the closure of these stores is another example of the fruits of corporate consolidation and the lack of enforcement of the antitrust laws.
Would the original “Food Source” owners have made the same decision, or would their relationship to the neighborhood have led them to adjust their business expectations for the good of the community? We will never know. What we do know is that the larger the corporation, the more “sociopathic” it becomes. Especially those run by “investment groups”.
How many food chains have Raleys purchased? I know of BelAir, Nob Hill, and Scolari’s. I also know that they are one of America’s Largest Private Companies#116.
You might want to check out:
Corporate Consolidation: Last Week Tonight with John Oliver (HBO)
The combination of antitrust laws and government interference in the economy has made small businesses a dying breed, leading to the loss of consumer-focused services.
Can we get the legislature to focus on helping small businesses and not giving in to the large ones? Can we get enforcement agencies to break up large, monopolistic trusts? Or, is it too late?
There is nothing new about corporate consolidation. President Eisenhower warned about the growing concentration of industrial power in his farewell address. That means we are dealing with a problem that has been building for over fifty years. Given that money is the controlling factor in elections, Congress and the state legislatures. If we continue doing the same thing all over again, it just may be too late.