, Kroger and Albertsons, has hit another roadblock with the U.S. government, but the CEO has pledged to cut prices by $1 billion on day one to try and save the proposed deal.
Kroger CEO Rodney McMullen leaves federal court after testifying during a federal court hearing, Sept. 4, 2024, in Portland, Ore.McMullen argued that the move would allow the company to drop prices and compete with bigger retail companies like Walmart, Amazon, and Costco.
Cincinnati-based Kroger operates 2,800 stores across 35 states, with brands including Ralphs, Smith's and Harris Teeter.
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