Independent grocers are facing mounting pressure from national retailers, with the head of the National Grocers Association warning that weak competition could eventually leave Americans with only a handful of major grocery chains.

Greg Ferrara, president and CEO of the National Grocers Association, told FOX Business that independent stores are fighting to maintain access to products and competitive terms in an increasingly consolidated industry.

He warned that America was approaching an “inflection point.”

“Independent grocers want to make sure they’re going to be around for the next generation. They’re going to be around for their Main Street…

Read the full article at FOXBUSINESS.COM