Closing arguments in FTC's case in Oregon to be heard on Sept. 17; Washington state case to block grocery merger begins Sept.
PORTLAND, Ore. — The chief executive officer of Kroger insisted Wednesday that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively ...
Democratic Senators Bob Casey and Elizabeth Warren are probing grocery store chain Kroger over the use of digital price tags that they worry could enable price gouging. Kroger and Albertsons ...
PORTLAND, Ore. — The chief executive officer of Kroger insisted Wednesday that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively ...
As Kroger and Albertsons push to advance the biggest supermarket merger in U.S. history, the companies’ chief executives have argued that joining forces would lead to price cuts for shoppers.
A possible $24.6 billion deal between supermarket rivals, Kroger and Albertsons, has hit another roadblock with the U.S. government, but the CEO has pledged to cut prices by $1 billion on day one to ...
Kroger reported $466 million in Q2 2024 earnings, with year-to-date earnings of $1.4 billion nearly doubling from 2023—sky-high totals that coincide with criticism that some grocery retailers continue ...
"It's all going up." On Wednesday, McMullen testified on behalf of Kroger at the court hearing: "The day that we merge is the day that we will begin lowering prices." He vowed that the combined ...
What the two say under oath about prices, potential store closures and the impact on workers will likely be scrutinized in the years ahead if the merger goes through. Kroger, based in Cincinnati ...
The chief executive officers of Kroger and Albertsons have insisted that merging would allow the two supermarket companies to lower prices and more effectively compete with retail giants like ...