Grocery chains Kroger and Albertsons want to merge. It's a move Federal Trade Commission Chair Lina Khan worries could hurt ...
With all the noise surrounding the Kroger-Albertsons merger, one would think that a Kroger spokesperson had recently announced plans for the grocery chain to shutter hundreds of stores or lay off ...
"Albertsons Cos. brings a complementary footprint and operates in several parts of the country with very few or no Kroger stores," Kroger CEO Rodney McMullen, who will lead the expanded company ...
Kroger will face off with regulators beginning Monday in U.S. District Court in Portland, Oregon for a critical legal hearing in its proposed $25 billion takeover of Albertsons. Regulators with ...
In seeking to stop the merger, the FTC and labor union leaders have argued that workers’ wages and benefits would decline if Kroger and Albertsons no longer competed with each other. They also ...
Kroger and Albertsons want to complete the biggest ... "The C&S divestiture plan builds on our merger commitments by ensuring zero stores will close as a result of the merger, all frontline ...
Here are the key considerations: During the hearing, no less than 10 Kroger executives testified, most stressing the company’s No. 1 competitor was discounter Walmart, not Albertsons.
The commission also alleges that quality would suffer and workers’ wages and benefits would decline if Kroger and Albertsons no longer competed with each other. Before the hearing, several ...
“Kroger, Albertsons and C&S are committed to honoring all current collective bargaining agreements alongside bargained-for wages and benefits and ensuring zero frontline worker layoffs and no ...
The CFPB said Tuesday that Kroger Co. and two major discount retail ... "Many people living in small towns no longer have access to a local bank where they can withdraw money from their account ...
The fact is that there is no evidence that a Kroger-Albertsons merger would harm market competition, consumers, or workers. Claims to the contrary appear to be driven more by fear than facts.