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

Oct 18, 2022 · Pulitzer Prize-winning journalist Michael Hiltzik has written for the Los Angeles Times for more than 40 years. His business column appears in print every Sunday and …

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Hiltzik The Albertsons-Kroger Deal Was Always Bad For Consumers

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14 hours ago · The $24.6-billion merger of Kroger and Albertsons supermarkets was designed to enrich corporate insiders at the expense of consumers. ... Think food inflation is bad now? …

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

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

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Oct 18, 2022 · Michael Hiltzik: Think Food Inflation Is Bad Now? Wait Till Kroger And Albertsons Merge - Read online for free. The gargantuan proposed $24.6-billion merger of supermarket …

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A Kroger-Albertsons Merger Could Bring Even Higher Food Inflation

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Oct 19, 2022 · A Kroger-Albertsons merger could bring even higher food inflation ... It involves (wait for it ...) Albertsons, which in 2014 cut a deal to acquire Safeway for $9.4 billion. ...

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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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Hiltzik: Harris Lays Out A Policy For The Middle- And Working Classes ...

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Aug 20, 2024 · At Kroger, the margin went from 1.62% in 2019 to 2.54% the following year. ... Think food inflation is bad now? Wait till Kroger and Albertsons merge. ... Pulitzer Prize …

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Hiltzik: Why Inflation Is So Hard To Fathom - Los Angeles Times

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Sep 27, 2024 · Get the latest from Michael Hiltzik. ... It’s now about 2.6%. ... The Fed has ignored how corporate profits drove inflation. That left PepsiCo, Tyson Foods and Procter & Gamble …

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

Why are mergers a skepticism in the grocery industry?

The history of mergers, in the grocery business and elsewhere, offers cause for skepticism. When it was all over, a divestiture the FTC had ordered to preserve competition had eliminated all competition in some communities. The public record suggests that the impulse driving this merger resembles that of most mergers. ...

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.” ...

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. ...

Who is Michael Hiltzik?

Pulitzer Prize-winning journalist Michael Hiltzik has written for the Los Angeles Times for more than 40 years. His business column appears in print every Sunday and Wednesday, and occasionally on other days. Hiltzik and colleague Chuck Philips shared the 1999 Pulitzer Prize for articles exposing corruption in the entertainment industry. ...

Was the Fed's response to inflation too late?

The Fed’s turbocharged response to inflation — notwithstanding the perception of some economists that its interest rate increases were too late and too small — is understandable. ...

Does corporate profit-seeking contribute to consumer inflation?

As Reich points out, corporate profit-seeking is aseldom-cited contributor to consumer inflation. Wages have crept higher over the last year, but the increases have trailed inflation, which is why so many workers and their families are feeling the sting of higher prices. ...