ICLE on the Kroger Deal and Online Shopping Trends
ICLE research on online shopping trends was cited in a Reason story about the proposed merger of supermarkets Kroger and Albertsons. You can read the full piece here.
Pretending that the internet doesn’t exist makes even less sense. As the International Center for Law and Economics notes, 25 years ago a mere 10,000 households took part in online shopping, whereas today 12.5 percent of consumers (or over 16 million people) purchase their groceries “mostly or exclusively” online. Amazon is also preparing to make its own big push into brick-and-mortar grocery retailing as well, with CEO Andy Jassy saying last year that the company must “find a mass grocery format that we believe is worth expanding broadly.”