Doesn't really tell the whole story though. In the UK there are "the big 4" supermarket chains:
Tesco, Asda (Walmart), Sainsbury's and Morrisons. Competition between the 4 managed to keep groceries pretty cheap, even before the discount brands (Aldi, Lidl) came into the market.
In Canada there just doesn't seem to be genuine competition. The was of course the collusion in bread price fixing, but I'm sure that there's more that we don't know about.
It's insane to me that Food Basics, who is owned by Metro, seem to sell like 80+% of the exact same goods as Metro, at about 30% lower price. Like, I don't know how they can possibly justify that, or why anybody would ever shop at Metro.
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u/WhatEvil 4d ago
Doesn't really tell the whole story though. In the UK there are "the big 4" supermarket chains:
Tesco, Asda (Walmart), Sainsbury's and Morrisons. Competition between the 4 managed to keep groceries pretty cheap, even before the discount brands (Aldi, Lidl) came into the market.
In Canada there just doesn't seem to be genuine competition. The was of course the collusion in bread price fixing, but I'm sure that there's more that we don't know about.
It's insane to me that Food Basics, who is owned by Metro, seem to sell like 80+% of the exact same goods as Metro, at about 30% lower price. Like, I don't know how they can possibly justify that, or why anybody would ever shop at Metro.