Kroger, Albertsons possible merger leaves consumers worried about rising food prices

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When Kroger announced Friday that it would merge with Albertsons, the owner of Acme grocery stores, it raised some questions about its potential impact on consumers.

"It seems like when stores merge together the company changes the policies and customer service today is not to the level it once used to be," said David Jackson of North Philadelphia.

"When this settles down be prepared to be paying more," said Dr. John Stanton, professor of food and marketing at St. Joseph's University."These two are among the largest chains in America. I don't think that the government is going to let this go through unless they sell off some of their stores in areas of overlap," said Stanton.

Kroger says it would reinvest $500 million into price reductions, spend $1.3 billion updating Albertsons stores and $1 billion on higher employee wages and improved benefits. One thing will likely remain the same: customers will still see the Acme name. If the merger is approved, changes will happen in 2024.

 

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The Beginning Of The End. Acme stores look like crap. Cases leaking water, refrigeration down. Dirty, no one on the sales floor or registers. One time i went in to OC Acme nothing was open not even self check out. Deli, seafood, meat, produce & customer service no one was there!

Can’t really get more expensive than Acme

Acme is expensive and dated looking.

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Kroger announces deal to merge with Albertsons to form a mega grocery chain | CNN BusinessKroger announced it's merging with Albertsons in a $24.6 billion deal, creating one of the largest grocery store chains in the United States with nearly 5,000 stores when combined. Inflation: 14 Consumers: 0 Well, this won't help food prices or the bare shelves (and poor quality) at Kroger. I don't suppose the FTC will step in to thwart this attempted monopoly? Kroger sucks. I feel so sorry for their workers.
Source: cnnbrk - 🏆 393. / 55 Read more »