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 [...]
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 [...]
By Bill Watson Source: Supermarket News Kroger CEO Rodney McMullen says the company's legal team has been warming up for quite some time. In a recent interview with Bloomberg, McMullen said lawyers were assembled way out in front of the $24.6 billion merger announcement with Albertsons. He said the team is [...]
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 [...]
By Bill Wilson Source: Supermarket News If Amazon wants to improve its grocery reach in the U.S., it might want to look at what is already there. According to Business Insider, analysts at Bernstein have put together a comeback strategy for the deliver giant based in Seattle, Wash., and the [...]
By Chloe Riley Source: Supermarket News Thousands of Albertsons employees may have had their personal information exposed in a data breach, according to regulatory notices filed by the company in multiple states. In a statement filed with the Maine Attorney General’s office, the breach was described as “an external system [...]
Source: Supermarket News In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was part 3 of Rob Kaufelt’s thoughts on the Kroger and Albertsons merger, specifically a look at who the deal doesn’t benefit. Among other top stories: Amazon looks to grocery as a [...]
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 [...]
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 [...]
By Alex Findijs Source: World Socialist Web Site The proposed $25 billion merger of Kroger and Albertsons, two of the largest grocery store chains in the United States, threatens potentially thousands of jobs. The merger is still up for review by regulators and there are legal challenges against it, but [...]