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Employees speak out against proposed Kroger/Albertsons merger

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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.

 

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