Teamsters said they oppose a proposed merger between grocery chains Kroger and Albertsons following discussions with the two companies.
Kroger has claimed that merging the two companies would allow it to expand its footprint and"serve more of America with fresh and affordable food." The two companies say that combining operations would increase efficiency, especially for their private-label brands. "Kroger and Albertsons management likes to talk the talk on job security when they're sitting in front of Congress, but talk means little when it comes to protecting our members," said Teamsters General President Sean M. O'Brien."We expected better from these two longtime Teamster employers. Clearly, they are more interested in guaranteeing big payouts for management."