The Modern Retail Podcast Rundown: FTC sues alcohol distributor, Walgreens' potential PE takeover & Amazon cracks down on paid reviews
Dec 14, 2024
A recent lawsuit by the FTC accuses Southern Glazer’s Wine and Spirits of unfairly favoring large retailers over independents, stirring debate on anti-competitive practices in the alcohol industry. Meanwhile, Walgreens is mulling a move to go private with Sycamore Partners amid troubling sales and stock struggles. The conversation also sheds light on Amazon's crackdown on paid reviews, as it faces challenges differentiating genuine feedback from fraudulent ones, highlighting a broader issue in online retail.
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FTC Lawsuit Against Southern Glazer's
- The FTC is suing Southern Glazer's Wine and Spirits, alleging anti-competitive pricing practices.
- This lawsuit alleges they favor large chains over independent retailers.
Walgreens and Sycamore Partners
- Walgreens' stock price is at its lowest in nearly three decades, prompting talks of going private.
- The potential buyer is Sycamore Partners, a private equity firm.
Amazon's New Tactic Against Paid Reviews
- Amazon is taking a more proactive approach to combat paid reviews.
- They are contacting reviewers on social media platforms, sending questionnaires about their interactions with sellers.