Under the proposed agreement, Cincinnati-based Kroger would acquire Boise, Idaho-based Albertsons in a transaction that would join the nation’s two largest supermarket retailers.
“Economists have estimated that as many as 400 stores could close because of overlaps and 5,750 employees would lose their jobs,” said Judy Wood, who works as a cake decorator at an Albertsons in the city of Orange. “Money is the only motivation for these corporations.” Assemblyman Josh Lowenthal, D-Long Beach was among the supporters at Thursday’s rally at a Ralphs supermarket in Lakewood.
UFCW Local 324 President Andrea Zinder said it’s critical that they remain strong and united to protect workers, customers, food suppliers and local communities from “the disastrous effects of this merger.”
typo: crocery
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: ladailynews - 🏆 332. / 59 Lire la suite »
Billionaire investor Chase Coleman says to buy mega-cap tech stocksHedge fund billionaire Chase Coleman says buy mega-cap tech stocks as the sector is looking more attractive thanks to emerging areas like AI
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »