Obama forces successful supermarket chains to sell supermarkets to a failing company that shuts them down

The Obama administration recently forced successful supermarket chains Albertsons and Safeway to sell some of their supermarkets to the Haggen supermarket chain.

Six months later, Haggen declared bankruptcy, and said it would close at least 100 of its supermarkets.

Grocery strategist Burt P. Flickinger said:

“This is the fastest (failure) in modern supermarket history… In all of retail, I haven’t seen anything like this.”

This does not surprise me. Obama is a cronyist, and everything he touches turns into bantha pudu.

 

October 4, 2015. Tags: , , , , , . Barack Obama, Politics. 27 comments.