One hundred years ago, the grocery shopper was just trying out the new concept of chain stores like Piggly Wiggly, A&P and King Kullen. She would visit one of these chains with sawdust on the floor and handwritten price tags for items like sirloin steak (.39 pound), flour (.04) and butter (.45). Even back then in the 1920s, the industry had its own trade periodical — and it picked out a prescient issue that would come to dominate the economics o…
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