Albertsons starts to assemble merger team, names SpinCo head

By Bill Wilson Source: Supermarket News Signs seem to point positively on the potential Kroger, Albertsons merger, as Albertsons continues to assemble its team around the $24.6 billion merger, according to reporting from the Philadelphia Business Journal. Former Acme Markets President Jim Perkins was recently named to lead SpinCo., the standalone public company which will contain [...]

2023-05-23T15:26:27+00:00May 23rd, 2023|Tags: , , , |

Kroger, Albertsons merger backlash intensifies with opposition from consumer group

By Bill Wilson Source: Supermarket News The list of those against the $24.6 billion Kroger, Albertsons merger continues to grow. The Center for Science in the Public Interest (CSPI), a consumer advocacy organization, is now calling on the Federal Trade Commission to block the merger, stating it “would result in [...]

Biggest Grocery Union Opposes $20 Billion Kroger-Albertsons Deal

By Jaewon Kang Source: The Wall Street Journal The United Food and Commercial Workers International Union said it opposes the planned merger between Kroger and Albertsons, adding to tensions over the $20 billion supermarket deal. UFCW International, the biggest U.S. union representing grocery workers, is concerned about what President Marc [...]

2023-05-04T19:40:40+00:00May 4th, 2023|Tags: , , |

Albertsons Expanding Food, Medicine Access via Supplemental Health Benefits

By Bridget Goldschmidt Source: Progressive Grocer Albertsons Cos. has teamed with Jacksonville, Fla.-based global financial services technology leader FIS, whose technology platform is used by such supplemental health benefits administrators as Fresh Connect, PayForward and WEX. Additionally, the grocer has entered into a partnership to accept benefit cards from Chicago-based [...]

2023-04-07T17:26:29+00:00April 7th, 2023|Tags: , |

Grocery workers in Thousand Oaks rally against merger of Kroger, Albertsons

By Jeremy Childs Source: Ventura County Star Protestors demonstrated outside a Ralphs grocery store in Thousand Oaks on Thursday to voice their opposition to the proposed merger of Kroger and Albertsons. The protest was organized by members of United Food and Commercial Workers Local 770, which represents grocery workers throughout [...]

2023-04-07T17:15:35+00:00April 7th, 2023|Tags: , , , |
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