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In The Atlantic: Amazon’s Big Secret

Date: 1 Mar 2024 | posted in: Retail | 0 Facebooktwitterredditmail

Amazon has long cultivated the idea that it runs its shopping platform at razor-thin margins, relying instead on AWS for its profits. In fact, Amazon’s e-commerce marketplace is enormously profitable. In The Atlantic, Stacy Mitchell writes about how Amazon has kept these profits secret – and why the SEC must enforce corporate financial disclosure rules.… Read More

Chicago City Council Votes to Rein In Dollar Store Development

Date: 21 Feb 2024 | posted in: Retail | 0 Facebooktwitterredditmail

Another city is fighting back against dollar chains. The Chicago City Council has voted to enact an ordinance that will limit development of new chain dollar stores. Over 60 other cities and towns have enacted similar ordinances in recent years, but Chicago is the largest city to date to do so.… Read More

In the Chicago Tribune: Why Chicago Needs to Limit Dollar Stores

Date: 15 Feb 2024 | posted in: agriculture, Retail | 0 Facebooktwitterredditmail

“Eliminating food deserts requires many solutions. But there is one absolutely essential action: preventing dollar stores from proliferating,” Tulsa City Council Member Vanessa Hall-Harper and ILSR Senior Researcher Kennedy Smith wrote in The Chicago Tribune in support of a proposal to limit dollar stores. … Read More

ILSR Responds to the CFPB’s Proposed Guardrails for Digital Banking

Date: 24 Jan 2024 | posted in: Retail | 0 Facebooktwitterredditmail

ILSR supports the Consumer Financial Protection Bureau’s proposed “open banking” rule to establish important guardrails for digital banking. But it needs additional provisions to ensure that smaller, relationship-oriented financial institutions can access fair competition.… Read More

Is Amazon a Monopoly? Documentary Newly Released in the U.S.

Date: 8 Jan 2024 | posted in: Retail | 0 Facebooktwitterredditmail

Watch the newly released English-language version of a powerful documentary about Amazon’s outsized power, both in the U.S. and abroad. The film, which first aired on German public television, features Stacy Mitchell explaining to viewers how Amazon operates its monopoly machine.… Read More

On More Perfect Union: How Amazon Broke Online Shopping

Date: 15 Nov 2023 | posted in: Retail | 0 Facebooktwitterredditmail

This video from More Perfect Union tells the story of why Amazon has become a chaotic jumble of junk ads and questionable products, how that’s connected to the company’s abuse of independent businesses, and why Amazon now faces a major antitrust case. If you’re looking for help explaining the FTC’s lawsuit to your friends, look no further. … Read More

In The Nation: the FTC Lawsuit Against Amazon Is the Biggest Antitrust Fight of Our Time

Date: 15 Nov 2023 | posted in: Retail | 0 Facebooktwitterredditmail

This lawsuit is a testament to the power of a grassroots coalition determined to check Amazon’s dominance — and a test of whether the federal government has the power, and the political will, to rein in corporate monopoly power, writes Ron Knox in The Nation.… Read More

Community Wins: How Do You Buy Groceries When There’s No Grocery Store? These Communities Figured It Out

Date: 26 Oct 2023 | posted in: Retail | 0 Facebooktwitterredditmail

From mobile markets to refrigerated food pick-up lockers, communities are exploring innovative new approaches to making sure their residents have convenient, affordable access to healthy food. Check out the latest in our Community Wins series. … Read More

ILSR Press Event: Sellers and Small Businesses Applaud FTC’s Amazon Lawsuit

Date: 26 Sep 2023 | posted in: agriculture, Retail | 0 Facebooktwitterredditmail

Third-party sellers and small business leaders joined the Institute for Local Self-Reliance’s virtual press briefing to applaud the FTC’s antitrust lawsuit against Amazon, hailing the action as a critical step to ending Amazon’s abuses and opening the online market to competition.… Read More

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