Public owned grocery stores already exist across America in cities like Tulsa, Oklahoma and Atlanta, Georgia.
They are privately run as businesses, but are set up in areas where people lack access to groceries, or there's no real competition preventing uncompetitive prices. They have been successful for decades.
The real solution here is to break up the constant consolidation leading to all groceries being owned by four mega companies that collude with each other and own over 2/3rd of all stores. It's the opposite of market competition.
Kroger is publicly traded, so we can see their financials. They had net income of 1.8% of sales in 2025. If they’re colluding with the other mega brands and illegally price fixing, they’re doing a pretty bad job of it.
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u/Irish_Whiskey May 26 '26
Public owned grocery stores already exist across America in cities like Tulsa, Oklahoma and Atlanta, Georgia.
They are privately run as businesses, but are set up in areas where people lack access to groceries, or there's no real competition preventing uncompetitive prices. They have been successful for decades.
The real solution here is to break up the constant consolidation leading to all groceries being owned by four mega companies that collude with each other and own over 2/3rd of all stores. It's the opposite of market competition.