Consumer advocates, unions and independent grocers are against a deal that would join Kroger and Albertsons, and be lucrative for investors.
Category: Supermarkets and Grocery Stores
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Thanksgiving and Inflation: The Cost of the Holiday This Year
Holiday costs from groceries to travel are up, and consumers have been willing to pay them.
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Attorneys General Sue to Stop Dividend Tied to Kroger-Albertsons Deal
The suit could portend other regulatory battles to come as the supermarket chains look to close their nearly $25 billion merger.
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Food Prices Soar, and So Do Companies’ Profits
Some companies and restaurants have continued to raise prices on consumers even after their own inflation-related costs have been covered.
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Workers at Trader Joe’s in Brooklyn Reject Union
The loss raises questions about whether a national wave of unionization may be slowing. A union had won two previous votes at the grocery chain.
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Kroger and Albertsons Announce Plan to Merge in $25 Billion Deal
The deal, an effort to bulk up against deep-pocketed rivals Walmart and Amazon, is likely to invite serious antitrust scrutiny from regulators.
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What the $24.6 Billion Kroger-Albertsons Merger Could Mean for Groceries
Two of the largest U.S. supermarket chains hope to join forces as inflation pushes food prices higher and as Amazon and Walmart become more powerful.
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Kroger and Albertsons, Grocery Giants, Are Said to Be in Talks to Merge
A deal could be the industry’s largest in years and would almost certainly invite antitrust scrutiny from regulators.