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Almost Everything You Buy At The Grocery Store Is Made By One Of These 6 Companies

The array of products and packaging at the grocery store can be dizzying.

But when you follow the money, there aren’t as many choices as you might think.

A 2013 report by consumer rights group Food and Water Watch found that no matter how many brands appear on the shelves, your dollars are going to the same few parent companies.

Monoliths including Kraft, PepsiCo, ConAgra Foods, Nestle, General Mills, and Campbell Soup Co. control more than their share of the market: Among 100 grocery categories, Food and Water Watch found that a handful of the largest companies control an average of 63.3% of the sales. In 32 of those categories, 75% of the sales were controlled by four or fewer companies.

The report concludes that the average consumer is powerless against the companies controlling the grocery market, and that since the beginning of the Great Recession, grocery prices have risen up to twice as fast as inflation.

Finances Online illustrated this phenomenon in the infographic below:

Read more:  http://www.businessinsider.com/top-grocery-companies-2014-5#ixzz33hCmwkOr

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The Worst Places On The Planet to be a Worker

Where are the worst places on the planet to be a worker?

A new report by the International Trade Union Confederation, an umbrella organization of unions around the world, sheds light on the state of workers’ rights across 139 countries. For its 2014 Global Rights Index, the ITUC evaluated 97 different workers’ rights metrics like the ability to join unions, access to legal protections and due process, and freedom from violent conditions. The group ranks each country on a scale of 1 (the best protections) to 5 (the worst protections).

The study found that in at least 35 countries, workers have been arrested or imprisoned “as a tactic to resist demands for democratic rights, decent wages, safer working conditions and secure jobs.” In a minimum of nine countries, murder and disappearance are regularly used to intimidate workers.

Denmark was the only country in the world to achieve a perfect score, meaning that the nation abides by all 97 indicators of workers’ rights.

The U.S., embarrassingly, scored a 4, indicating “systematic violations” and “serious efforts to crush the collective voice of workers.”

“Countries such as Denmark and Uruguay led the way through their strong labour laws, but perhaps surprisingly, the likes of Greece, the United States and Hong Kong, lagged behind,” wrote ITUC general secretary Sharan Burrow in a statement about the report. “A country’s level of development proved to be a poor indicator of whether it respected basic rights to bargain collectively, strike for decent conditions, or simply join a union at all.”

Here’s a look at the world rankings. Darker shades represent worse protects for workers. A score of 5+ means that active conflicts, like those in Syria or Sudan, block any legal protections for workers.

worker rights map

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These 10 retailers had the worst customer satisfaction ratings for 2013

 

There’s no doubt the shopping experience has improved tremendously for Americans over the last decade. Online shopping has been the game-changer, but a lot of retailers have also focused on improving the in-store shopping “experience.”Still, nothing’s perfect.

Think of the stores you hate to have to visit. Yes, that grocery place with the long lines, or the department store with unhelpful sales representatives, or the fancy shop with overpriced items. You don’t like going there, but sometimes you have no choice.Now, what if you ranked all those retailers? The folks over at the American Customer Satisfaction Index (ACSI) conduct a survey every year asking people to rate their shopping experience based on factors including convenience of location, product quality, courtesy of staff and store layout.

It turns out that a lot of Americans hate (or love) shopping at the same stores.

Here are the 10 retailers with the worst customer satisfaction, based on ACSI’s latest rankings across different categories and compiled by business Web site 24x7WallStreet:

 

10. Winn-Dixie

This grocery and pharmacy chain is primarily based in the South. It scored 77 on the index for 2013, down from 2012.

 

9. Supervalu

This retail chain is the parent company of stores such as Farm Fresh and Shop ‘N’ Save, as well as discount store Save-A-Lot. Supervalu scored 77 on the index, an improvement from 2012.

 

8. Gap

The clothing retailer that was recently in the news for raising its employees’ minimum wage came in at No. 8. Gap scored 77 on the ACSI index, and it landed at the bottom of a smaller list of specialty retail stores.

 

7. Best Buy

The electronics giant, which posted better-than-expected earnings Thursday morning, scored 77 on the index, a decline from 2012.

 

6. Safeway

Grocery chain Safeway improved slightly from 2012, posting a score of 76. But in the supermarkets category, Safeway was rated the second-worst retailer.

 

5. Macy’s

Shoppers weren’t very satisfied with Macy’s in 2013, as the retailer’s score fell compared with 2012. That doesn’t seem to have affected its profits, though. Macy’s was one of the few retailers to post strong sales during the rough holiday season.

 

4. Walgreen’s

Pharmacy chain Walgreen’s plans to expand this year and is in the process of acquiring Kerr Drug’s. The company’s score was unchanged from a year ago, and it outranked rivals CVS and Rite Aid in the health and personal care category.

 

3. CVS

CVS’s recent decision to stop the sale of all tobacco products may not sit well with smokers, but other Americans aren’t thrilled with the store, either. CVS’s score did improve compared with 2012, though.

 

2. Rite Aid

Americans are largely dissatisfied with the speed of checkout at drug stores, according to the ACSI report, which is why so many made the list. Rite Aid’s score dropped from last year. The expansion of CVS stores and a simultaneous reduction in Rite Aid outlets may have contributed to the decline, the report said.

 

1. Wal-Mart

The world’s biggest retailer received the dubious honor of being ranked No. 1 on this list.   Wal-Mart’s score was unchanged from last year. The report said Wal-Mart has had low customer satisfaction rankings for at least a decade. Wal-Mart’s last earnings report wasn’t great, and the discount store isn’t very optimistic about 2014.

 

Retailers were ranked in separate categories, such as supermarkets or discount stores. The scores reflect the stores that performed worse than the average within their category.

It should be noted that overall customer satisfaction with retailers increased for the third year in a row. Surprisingly, the in-store retail experience was rated better than online shopping. As more people shopped online, stores were less crowded, the report said.

“A spate of last-minute holiday purchases online, combined with inclement weather, left some buyers disgruntled by delayed shipments,” said Claes Fornell, the ACSI’s chairman and founder. “That’s the likely reason for Internet retail getting its lowest customer satisfaction benchmark in more than a decade.”

Sourced from thewashingtonpost.com

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