Never forget: President Obama forced successful supermarket chains to sell supermarkets to a failing company that shut them down

In September 2015, it was reported that the Obama administration had forced supermarket chains Albertsons and Safeway to sell some of their supermarkets to the Haggen supermarket chain. The Los Angeles Times reported:

Albertsons and Safeway were ordered by federal regulators to divest those locations

Six months after buying the supermarkets, Haggen declared bankruptcy, and said it would close at least 100 of its supermarkets. According to the Orange County register, 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.”

 

June 29, 2017. Tags: , , , , . Barack Obama, Police state. Leave a comment.

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.