The CEOs of Kroger and Albertsons are in court to defend plans for a huge supermarket merger
- Kroger CEO Rodney McMullen stated, “The day that we merge is the day that we will begin lowering prices,” during a court hearing in Oregon.
- Under the merger proposal, Kroger and Albertsons would sell 579 overlapping stores to C&S Wholesale Grocers.
- The FTC and labor leaders warned that merged companies might lower wages and benefits, and create "food and pharmacy deserts" due to potential store closures.
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Total News Sources0
Leaning Left5Leaning Right0Center21Last UpdatedBias Distribution81% Center
Bias Distribution
- 81% of the sources are Center
81% Center
L 19%
C 81%
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