CEOs of Albertsons and Kroger explain to the skeptical government that the mega-merger in the grocery trade will not lead to store closures and higher prices
In response to questions from the U.S. government, the CEOs of Kroger and Albertsons stressed on Wednesday that the merger would enable the two supermarket chains to lower their prices and thus compete more effectively with retail giants such as…
Would a Kroger-Albertsons merger drive grocery prices up or down? The answer is complicated
A customer visits Albertsons at 3901 Crenshaw Blvd. in Los Angeles. Kroger plans to acquire Albertsons in a $24.6 billion deal, but federal regulators are trying to block the largest proposed supermarket merger in U.S. history. (Jason Armond/Los Angeles Times)…
“They’re all dogs.” Texts could haunt Kroger merger with Albertsons
The FTC is trying to stop a mega-supermarket merger. Here’s why. The Federal Trade Commission had filed a lawsuit to prevent the merger between Kroger and Albertsons because it would allegedly create a monopoly in the supermarket industry. PORTLAND, Oregon…
Kroger, Dollar Tree and others charge fees for cashback
A new report from the U.S. Consumer Financial Protection Bureau (CFPB) released Tuesday (August 27) sheds light on a growing trend: major retailers are now charging fees to customers who request cash back via debit and prepaid card transactions. This…
Kroger and Albertsons publish list of grocery stores threatened with sale in merger
Supermarket giants Kroger and Albertsons have released a list of nearly 600 stores they would sell if their $24.6 billion merger is approved. The chains offered in April to sell 579 stores in communities with overlap between Kroger and Albertsons…
