Two years after Kroger’s controversial $25 billion plan to take over rival Albertsons, the deal’s fate may be decided by one woman in Portland: U.S. District Court Judge Adrienne Nelson in Oregon.
McMullen said that Albertsons' prices are 10% to 12% higher than Kroger’s and that the merged company would try to reduce the disparity as part of a strategy for keeping customers. Walmart now ...
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 ...
Instead, they tried to keep their prices between Walmart and traditional rivals like Albertsons. On average, Kroger executives revealed their company is about 2% or 3% more expensive on its most ...
Kroger and Albertsons, two major supermarket chains, have proposed a merger that aims to reduce prices and increase competition. However, the FTC and labor unions oppose the deal, citing concerns ...
Gen. Rob Bonta, say the deal would eliminate competition that helps lower prices. As rivals, Kroger and Albertsons compete with each other, so they have an incentive to keep prices down to attract ...