By Eric Neugeboren Source: The Nevada Independent Standing in a small room in Las Vegas earlier this month, Abraham Camejo had a message for Nevada’s attorney general: A merger between Kroger and Albertsons could make it harder to put food on his family’s table. Camejo, a construction safety manager, is [...]
By Bill Wilson Source: Supermarket News On Friday, Kroger and Albertsons Cos. agreed to sell over 400 stores to C&S Wholesale Grocers. The move could help convince the Federal Trade Commission to approve the proposed $24.6 billion Kroger, Albertsons merger deal. So, is the deal with C&S Wholesale Grocers good [...]
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 [...]
By Rebecca Robbins Source: The New York Times The grocery chain Kroger said on Friday that it had agreed to pay about $1.2 billion to states, local governments and Native American tribes to settle claims that its retail pharmacies played a role in fueling the opioid crisis. Kroger, which was [...]
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 [...]
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 [...]
By Diane Bartz Source: Reuters The California attorney general's office is probing whether Kroger's $24.6 billion plan to buy rival grocer Albertsons will make it harder for people in poorer parts of cities or rural areas to buy medicines, according to two people familiar with the review. Food deserts, which [...]
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 [...]
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 [...]
By Diane Bartz Source: Reuters U.S. antitrust enforcers reviewing Kroger's plan to buy rival grocery giant Albertsons are probing whether suppliers will be squeezed in a way that hurts small grocery chains, according to people who spoke to federal and state regulators. Staffers for the Federal Trade Commission (FTC), which [...]