Employees speak out against proposed Kroger/Albertsons merger

  • 📰 ladailynews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Kroger and Albertsons plan to appease federal regulators by selling off more than 400 stores to C&S, the industry’s largest privately owned wholesaler.

Southern California grocery workers who fiercely oppose a planned $24.6 billion Kroger/Albertsons merger say it would undermine competition, hike prices and result in job losses and store closures. Employees are seen here at a June 2023 protest at a Ralphs in Burbank. Southern California grocery workers who fiercely oppose a planned $24.6 billion Kroger/Albertsons merger vented their concerns Friday, Jan. 26 in a virtual press conference.

The resulting company would be second only to Walmart/Sam’s Club in grocery volume, enabling four chains to control 60% of U.S. grocery sales. John Marshall, capital stratagies director for the United Food and Commercial Workers International union , which represents the grocery workers, doesn’t put much faith in C&S.

The action claims it will “severely limit” grocery store competition in many areas of the state and eliminate competition to keep prices low. In a statement issued Friday, Kroger said “false and misleading information” continues to be used by opponents of the planned merger.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 332. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France 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.

FTC and State AGs Sue to Block Kroger-Albertsons 'Mega Merger'Jake Johnson is a senior editor and staff writer for Common Dreams.
La source: commondreams - 🏆 530. / 51 Lire la suite »

35 Mariano's, Jewel stores in Illinois to be sold in Kroger-Albertsons merger talksAs they continue to pursue a blockbuster merger, Kroger and Albertsons have identified nearly three-dozen Illinois stores they plan to sell as part of a…
La source: nbcchicago - 🏆 545. / 51 Lire la suite »

Kroger, Albertsons announce stores that would be sold under mergerEleven San Diego County stores would be sold off in the proposed merger.
La source: KPBSnews - 🏆 240. / 63 Lire la suite »

Full list: Chicago-area Mariano's, Jewel stores being sold amid Kroger/Albertsons mergerNearly three-dozen Illinois grocery stores are being sold to another operator as Kroger and Albertsons continue pursuing a massive merger that could completely…
La source: nbcchicago - 🏆 545. / 51 Lire la suite »

Nearly a dozen San Diego County stores would be sold off under Kroger-Albertsons mergerKroger and Albertsons released a list of 579 stores that would be sold off under a proposed mega-merger of the grocery giants, including 63 locations in…
La source: nbcsandiego - 🏆 524. / 51 Lire la suite »

Kroger, Albertsons announce stores that would be sold under mergerShark Lab at Cal State Long Beach estimates the shark was 9 feet long, approximately 6-7 years old.
La source: CBS8 - 🏆 335. / 59 Lire la suite »