Employees speak out against proposed Kroger/Albertsons merger

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.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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

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…
Source: nbcchicago - 🏆 545. / 51 Read more »

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

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…
Source: nbcchicago - 🏆 545. / 51 Read more »

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…
Source: nbcsandiego - 🏆 524. / 51 Read more »

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.
Source: CBS8 - 🏆 335. / 59 Read more »