Grocery trading
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Grocery trading is an industry, historically not well known by the general public, in which grocery "traders" or grocery trading companies buy and sell (trade) blue chip grocery store items such as Cheerios and Alpo amongst the nation's largest supermarket chains based on price disprepencies from chain to chain. The manufacturers who produce grocery products are deliberately ambiguous in their selling practices and pricing of their goods using artificial "list prices" and artificial "special savings" in an effort to fool their customers (buyers at large supermarket chains) and maximize their profits.
Because it is to the manufacturers benefit to create an environment of secretive ambiguous pricing they have labeled grocery traders, who are simply making a market based on the inefficiencies their practices create, as "diverters" and have implied and in some cases actually published propaganda accusing "diverters" not only of engaging in illegal activities but of being closely tied to organized crime and even terrorism. Aside from one well documented case involving a grocery trading company in Boca Raton, Florida in the early 1990s the industry has been virtually unblemished by any large scale scandals.
Unfortunately for grocey traders the money and power behind these large manufacturers has helped them in their efforts to discredit grocery traders and refer to them as grocery "diverters". The Internet promises to lift the "veil of secrecy" regarding wholesale grocery prices, create a fair market for all members of the grocery community and offer the grocery trading community the respect it deserves.
[edit] See also
National Food Exchange
[edit] References
- NationalFoodExchange.com
- History Of The Grocery Trading Industry at 1888 Press Release
- News Articles on Food & Grocery Trading at National Food Exchange