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Retail concentration - explained

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Danielle
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Retail concentration refers to the market-share generally belonging to the top 2, 4 or 5 mass distribution firms present in a country or the global market as a percentage of the total market size.

Retail concentration supporters argue, consumers achieve lower prices, better quality goods. For opponents, they argue, the disappearing of traditional shops, of food culture, of neighbourhood life in general. Furthermore, too much concentration means squeezing the price of industry and of agriculture, which can lead to outsourcing food from any where in the world, where it cost less, without a truly long term, impact assessment.

Reference: http://en.wikipedia.org/wiki/Retail_concentration
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