Kroger is telling us not to worry – they’re not going to start charging credit card customers more. They just won’t charge them less. The country’s biggest grocery chain is publicly mulling how to respond to last week’s multibillion-dollar settlement in a case pitting retailers against credit card companies. Visa and MasterCard were accused of price-fixing, in setting the fees[Read More…]
Imagine a scenario in which grocery prices aren’t marked on the shelves, your cashier has to closely examine every single product you buy, and none of your coupons will scan. Sound like a nightmare? Actually, it’s the way things were just 40 years ago. The Cincinnati Enquirer points out that it was July 1972 when a Kroger supermarket in town[Read More…]
Are you still buying your groceries at a grocery store? How quaint! Supermarkets are poised to lose their position as America’s preferred grocery-shopping destination. And it’s not only big-box discounters like Walmart and Target that are taking their business. The Wall Street Journal reports that supermarkets’ share of U.S. grocery sales fell to 51% last year. And Forbes cites a[Read More…]
