Employees speak out against proposed Kroger/Albertsons merger

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

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

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.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 332. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

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

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…
Bron: nbcchicago - 🏆 545. / 51 Lees verder »

Kroger, Albertsons announce stores that would be sold under mergerEleven San Diego County stores would be sold off in the proposed merger.
Bron: KPBSnews - 🏆 240. / 63 Lees verder »

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…
Bron: nbcchicago - 🏆 545. / 51 Lees verder »

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…
Bron: nbcsandiego - 🏆 524. / 51 Lees verder »

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.
Bron: CBS8 - 🏆 335. / 59 Lees verder »