Last year, Kroger, which is known as Fry’s in the Valley, agreed to buy its rival Albertsons in a deal that would combine the two supermarket chains. But that move is currently under investigation by Arizona Attorney General Kris Mayes. A spokesperson for the Attorney General’s Office told ABC15 she will make a decision on how to proceed and whether or not to block it by the end of the year.
Jim McLaughlin, President of UFCW Local 99, which represents workers at both companies, says there are a lot of unknowns. "This merger will clearly affect customers, communities, workers like no merger we've ever seen in Arizona before so good reason to be concerned and we should all be paying attention to it," he added.
“Only non-unionized retailers, like Walmart and Amazon, will benefit if this merger is blocked. In fact, Kroger joining with Albertsons will mean lower prices for customers, secure union jobs and more food directed to hungry families, with 10 billion meals committed to people in need across America by 2030.”
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Fuente: CNBC - 🏆 12. / 72 Leer más »