5 Apr 2017

With Healthcare Middlemen Controlling Prescription Drug Prices, There’s a Better Model for Pharmacy Care

by | Date: 5 Apr 2017 | posted in: Retail | 0 Facebooktwitterredditmail

There’s a small group of powerful companies, called pharmacy benefit managers, or PBMs, that increasingly controls the prices of prescription drugs. The results of this market power include higher costs, worse outcomes for patients, and diminishing competition. A new article in the American Prospect looks at the problem and what state and federal governments should do about it, including such solutions as North Dakota’s Pharmacy Ownership Law.… Read More

Photo: Sen. Amy Klobuchar delivering a speech on antitrust.
4 Apr 2017

Anticompetitive Conditions Are Impacting Independent Businesses, Says Letter to Sen. Klobuchar

by | Date: 4 Apr 2017 | posted in: Retail | 0 Facebooktwitterredditmail

In today’s highly concentrated markets, the ability of dominant companies to exclude and impede businesses from competing has become one of the most pressing issues facing independent businesses. On the heels of a recent speech about the need for more vigorous antitrust enforcement by Sen. Amy Klobuchar, Advocates for Independent Business (AIB) has sent Sen. Klobuchar a letter commending her call for action and sharing information about the experiences of AIB’s member businesses.… Read More
2 Apr 2017

Ten Thousand Villages Cleveland Heights store closing; 30% off starts April 4

by | Date: 2 Apr 2017 | posted in: Media Coverage, Retail | 0 Facebooktwitterredditmail

The Cleveland Plain Dealer‘s Janet Cho often writes about the prominent local businesses in the Cleveland area. For her piece about a closing local business, Cho details the larger struggles that local, independent have by citing ILSR co-director Stacy Mitchell’s book, Big Box Swindle and our subsequent research.… Read More
28 Mar 2017

The Hidden Monopolies That Raise Drug Prices

by | Date: 28 Mar 2017 | posted in: Media Coverage, Retail | 0 Facebooktwitterredditmail

In this piece for The American Prospect, anti-monopoly writer and journalist David Dayen details a hidden example of concentrated economic power: pharmacy benefit managers (PBMs). For his piece he quotes ILSR co-director and Community-Scaled Economy initiative director Stacy Mitchell on the way that these PBMs harm local pharmacies.… Read More
23 Mar 2017

Breaking Through Partisanship: Left-Right-Local (Episode 14)

by | Date: 23 Mar 2017 | posted in: Building Local Power, Energy, Energy Self Reliant States, From the Desk of David Morris, Retail, The Public Good | 0 Facebooktwitterredditmail

John Farrell, Director of ILSR’s Energy Democracy Initiative, Stacy Mitchell, Director of Community-Scaled Economies, and David Morris join host Christopher Mitchell to reflect on the role and nature of local policies and politics and the innovative economic structures communities are building.… Read More
23 Mar 2017

J.C. Penney, Sears and Kmart Store Closings the Latest Casualty as Amazon Continues to Dominate Retail Sphere

by | Date: 23 Mar 2017 | posted in: Media Coverage, Press Release, Retail | 0 Facebooktwitterredditmail

Published in Nasdaq Global Newswire: “News outlets are taking notice of J.C. Penney, but locally-owned small businesses – the proverbial “canary in the coal mine” have been dealing with everything from big box stores to e-commerce. In the wake of 138 store closings announced by J.C. Penney plus another 150 Sears and Kmarts — most in small cities — national retailers are now feeling the pinch too. The Institute for Local Self Reliance (www.ILSR.org) and Local First Arizona (www.localfirstaz.com) are calling on the nation to shift a portion of their shopping from online retailers like Amazon to locally owned or national retailers in their communities.”… Read More

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