'Power to communities': Chicago considers city-owned grocery store to address 'food deserts' after giants like Walmart and Whole Foods shutter stores

stopthatgirl7@kbin.social to News@lemmy.world – 619 points –
'Power to communities': Chicago considers city-owned grocery store to address 'food deserts' after giants like Walmart and Whole Foods shutter stores
finance.yahoo.com

The mayor’s office says it would be the first major U.S. city to enact such a plan.

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Hmm... products and services still cost the same but now there are less people in the chain to make a profit.

Sounds like a win-win for me.

If there are less people In the chain, shouldn't everything cost less?

That's what they're saying. Wholesale price is the same, retail should go down due to less people in the chain.

They just phrased it poorly.

I was referring to the overall cost of products, like what the businesses pay to bring them to market.

Yes, things should cost less for customers because businesses are making less profit.