Column: Think food inflation is bad now? Wait till Kroger and ...

Oct 18, 2022  · The gargantuan proposed $24.6-billion merger of supermarket behemoths Kroger and Albertsons is being touted by the merger partners as a boon to consumers.


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Column: Think Food Inflation Is Bad Now? Wait Till Kroger And ...

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Oct 18, 2022  · The gargantuan proposed $24.6-billion merger of supermarket behemoths Kroger and Albertsons is being touted by the merger partners as a boon to consumers.

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Column: Think Food Inflation Is Bad Now? Wait Till Kroger And ...

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Oct 18, 2022  · The gargantuan proposed $24.6-billion merger of supermarket behemoths Kroger and Albertsons is being touted by the merger partners as a boon to consumers.

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Hiltzik: Think Food Inflation Is Bad Now? Wait Till Kroger And ...

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Oct 23, 2022  · The gargantuan proposed $24.6-billion merger of supermarket behemoths Kroger and Albertsons is being touted by the merger partners as a boon to consumers.

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Column: Think Food Inflation Is Bad Now? Wait Till Kroger And ...

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Oct 18, 2022  · The gargantuan proposed $24.6-billion merger of supermarket behemoths Kroger and Albertsons is being touted by the merger partners as a boon to consumers. “We will take …

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Ground News - Think Food Inflation Is Bad Now? Wait Till Kroger …

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The gargantuan proposed $24.6-billion merger of supermarket behemoths Kroger and Albertsons is being touted by the merger partners as a boon to consumers. Get access to our best …

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Michael Hiltzik: Think Food Inflation Is Bad Now? Wait Till Kroger …

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Oct 19, 2022  · By Michael Hiltzik, Los Angeles Times The gargantuan proposed $24.6-billion merger of supermarket behemoths Kroger and Albertsons is being touted by the merger …

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California Preparing Lawsuit To Block Albertsons-Kroger Deal

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Oct 13, 2023  · Kroger, the parent company of Ralphs, plans to buy Albertsons, parent company of Vons, in a deal valued at $24.6 billion. The merger would combine the two largest grocery …

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FAQs about Column: Think food inflation is bad now? Wait till Kroger and ... Coupon?

Does Kroger expect food inflation in 2024?

Kroger expects food inflation "in the low-single-digit range" going into 2024, Millerchip added. That represents a slowdown from the previous two years when inflation for food and various other goods was historically high. Food inflation peaked over the last two years in June 2022, when federal data showed prices rising 9%. ...

Will 'near-term economic pressures and food-at-home disinflation' affect Kroger's earnings?

Kroger expects "near-term economic pressures and food-at-home disinflation" to affect its results for the rest of its fiscal year, the grocer said in its third-quarter earnings published Thursday. Kroger's fiscal year extends into early 2024. ...

Does the pending merger of Albertsons & Kroger enrich insiders?

It should be obvious by now that the driving force of many corporate mergers, if not most or even all mergers, is the goal of enriching insiders. The pending merger of supermarket giants Albertsons and Kroger, however,injects that impulse with steroids. ...

Would a Kroger-Albertsons merger hurt consumers?

“With 60% of grocery sales concentrated among just five national chains, a Kroger-Albertsons dealwould squeeze consumers already struggling to afford food, crush workers fighting for fair wages, and destroy independent, community stores,” Miller says. “This merger is a cut-and-dry case of monopoly power, and enforcers should block it.” ...

Did Kroger overreach on milk and egg prices?

One specific allegation of pricing overreach came to light in an ongoing court hearing that disclosed an email by a Kroger executive. In March, he wrote that the supermarket chain's milk and egg prices were "significantly higher" than was necessary to account for inflation. ...

Why did the FTC block Kroger merger?

The secretaries of state or treasurers from 11 states have pressed the FTC to block the deal over concerns it could harm wages and hurt farmers and consumers. The United Food and Commercial Workers union, which represents several hundred thousand Kroger employees, publicly opposes the merger. ...

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