Alaska’s two biggest grocery chains to sell stores as part of merger. This business professor explains why.

By Casey Grove Source: Alaska Public Media The two biggest grocery store chains in the country, and Alaska, are moving forward with their multi-billion-dollar merger, and they’ve announced a plan to sell more than a dozen stores in Alaska to a third company. That proposal by Fred Meyer parent company [...]

2023-09-18T13:35:44-07:00September 18th, 2023|Tags: , , , |

Kroger, Albertsons plan to sell over 400 stores to C&S Wholesale for nearly $2 billion

By Francisco Guzman and Alexander Coolidge Source: USA Today Kroger and Albertsons supermarkets are in talks to sell more than 400 stores to C&S Wholesale Grocers for nearly $2 billion as part of their proposed $25 billion merger, according to a report from Reuters. The divestiture, which was first reported [...]

2023-09-07T10:40:10-07:00September 7th, 2023|Tags: , , , , |

Mega-merger will push grocery workers over the unemployment cliff

By Mark Ramos Source: Capitol Weekly The “hot labor summer” gripping Southern California shows no signs of cooling down. Hollywood actors have joined forces with TV and movie writers in walking off the job. Striking hospitality workers made headlines calling on Taylor Swift to postpone her tour. These stories are a stark reminder that corporate profits [...]

2023-08-24T08:52:20-07:00August 23rd, 2023|Tags: , |

Secretaries of states want FTC to block Kroger, Albertsons merger

By Bill Wilson Source: Supermarket News The proposed $24.6 billion Kroger, Albertsons merger is facing another blockade, this one from a group of state officials, reports Reuters. The secretaries of states from Colorado, Arizona, Maine, Minnesota, New Mexico, Rhode Island, and Vermont wrote Federal Trade Commission Chair Lina Khan asking [...]

2023-08-18T15:58:46-07:00August 17th, 2023|Tags: , , |

Kroger Albertson’s Merger

Source: Supermarket Guru Last week we saw the two CEOs of Albertson's and Kroger issue a video and it looks like they're trying to sell the public on this merger. Just to quote Rodney McMullen, CEO of Kroger. "The combination of Kroger and Albertson's is about creating more opportunities more [...]

2023-08-18T15:58:16-07:00August 16th, 2023|Tags: , , |
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