PORTLAND, Ore. (AP) — The chief executive officers of Kroger and Albertsons insisted Wednesday — under questioning from the federal government — that merging would allow the two supermarket ...
FTC officials say it will decrease competition among neighborhood grocery stores, leading to higher prices and poorer quality, but Kroger executives say it will, in fact, lower prices as their ...
Consumer price index, annual percent change, not seasonally adjusted: March: 3.5 April: 3.4 May: 3.3 June: 3.0 July: 2.9 Aug. (est.): 2.6 Grocery store chain Kroger reports its latest results before ...
"The day that we merge is the day that we will begin lowering prices," Kroger Chief Executive Rodney McMullen said in a federal court hearing this week. Will shoppers, who have been frustrated in ...
after Kroger agreed to purchase Albertsons. But the Federal Trade Commission sued to prevent the $24.6 billion deal, alleging it would eliminate competition and lead to higher food prices for ...
The chief executive officer of Kroger ... price tracker, since 2019, the average price of a dozen eggs has risen 126%, while the price of a loaf of bread jumped 54%, and a pound of chicken breast ...
The Federal Trade Commission sued earlier this year to prevent the deal. A possible $24.6 billion deal between supermarket rivals, Kroger and Albertsons, has hit another roadblock with the U.S ...
per Reuters. McMullen's comments come just a week after an FTC attorney had questioned a top Kroger executive about an internal email he sent about Kroger's milk and egg prices. "On milk and eggs ...
(KOIN) — The CEOs of Kroger and Albertsons are trying to convince ... The CEOs said they intend to lower prices if the merger should be allowed to go through and lay the groundwork for competing ...