Albertsons, Kroger CEOs to defend $25B merger to skeptical senators

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Top executives at Kroger and Albertsons are expected to face tough questions from lawmakers who worry the grocers' planned $25 billion merger will push up food prices at a time when inflation is a concern.

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And lawmakers have had nothing to do with inflation? Look in the mirror.

Lawmakers are far more responsible for inflation than anything that Kroger and Albertsons could do.

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UFCW Local 7 president, members in D.C. ahead of Kroger-Albertsons merger hearingKim Cordova, president of UFCW Local 7, which represents King Soopers and Safeway workers in Colorado, worries the merger could result in job losses and store closures. via PattrikPerez
ソース: DenverChannel - 🏆 239. / 63 続きを読む »

Kroger, Albertsons CEOs to face congressional questions on planned U.S. mergerKroger CEO Rodney McMullen and Albertsons' top executive, Vivek Sankaran, will face questions this week on plans for the two giant grocery companies to merge in a $25 billion deal, Senator Amy Klobuchar's office said in a statement. They are the same co. An increasingly monopolized retail food supply will be a bad bad thing for everyday people… and small farmers too. I blame Earl Butz.
ソース: Reuters - 🏆 2. / 97 続きを読む »

Kroger, Albertsons Expected to Defend Grocery Merger at Senate HearingThe CEOs of Kroger and Albertsons will likely face questions on how their companies' proposed merger would affect competition and shoppers during a Senate hearing Is it crazy to think that these 2 kinda need this merger? They lose ground all the time to places like WalMart, Aldi and others. Your reminder that post merger the company will have less than 14% of the national grocery market. Proud as punch that her country is bombing innocent children..KARMA
ソース: WSJ - 🏆 98. / 63 続きを読む »

Kroger and Albertsons CEOs head to Capitol Hill for merger hearingThe Senate is holding a hearing today on Kroger's proposed $24.6B purchase of rival Albertsons. Here's what to know. TheDemocrats we do NOT need another huge Monopoly NO! We don't need fewer grocery store owners w/just a bunch of different names, giving the illusion of competitioin. EndMonopolies FTC NO MORE MONOPOLIES Honor Antitrust laws!!!!
ソース: axios - 🏆 302. / 63 続きを読む »

Balenciaga sues company for $25 million over ad featuring child pornography ruling: ReportBalenciaga is reportedly suing a production company it hired to shoot a campaign after documents from a Supreme Court decision regarding child pornography were spotted in an ad. Nice try, Balenciaga. Mebbe you'd better fire your PR team in addition to Editorial & Art Direction... You can’t tell me that Balenciaga did not sign off on this ad campaign. They are trying to save face. When they need to just be cancelled. KimKardashian to say she’s evaluating. Trash. She is a mother. Cutting ties should not even take a second thought. Well, someone had to give the go ahead.
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