Kroger Egg Pricing Turns Merger Trial Into Inflation Fight

-- Kroger Co. hiked prices on milk and eggs more than needed to account for inflation, the company’s top pricing executive testified during a court hearing on the US government’s bid to block the grocery chain’s purchase of rival Albertsons Cos.How the Cortiços of São Paulo Helped Shelter South America’s Largest City

The company’s goal is to “pass through our inflation to consumers,” Groff said in response to questions about his email. In May 2022, for example, both Walmart and Meijer dropped egg prices by 14 cents a dozen, but Mariano’s opted to keep its pricing the same to match the higher price at Jewel-Osco, Marx said.

Still Groff pushed back on the idea that Kroger would hike prices after the acquisition, saying that Walmart would keep the combined grocers from charging customers more. Brittany Cartwright 'Couldn't Look Past' What Transpired Over 'Past Few Months' with Jax Taylor Before Filing for Divorce: Exclusive Source

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.

Kroger plans to lower prices by $1 billion after Albertsons merger closesKroger had previously promised to lower grocery prices by $500 million at Albertsons locations. The supermarket mega-merger, first announced in October 2022...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Kroger and Albertsons head to court to defend merger plan against US regulators' objectionsKroger and Albertsons will defend their plan to merge – and try to overcome the U.S. government’s objections – in a federal court hearing scheduled to begin ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »