Connect with us

Hi, what are you looking for?

News

Kroger-Albertsons merger may cost workers millions in lost wages, report says

Plans to merge two of the biggest U.S. supermarket chains could blunt grocery-store workers’ bargaining power and lower their wages, according to a new analysis from the left-leaning Economic Policy Institute.

Kroger KR announced in October that it would acquire the grocery chain Albertsons ACI in a proposed $24.6 billion merger that would “expand customer reach and improve proximity to deliver fresh and affordable food to approximately 85 million households with a premier omnichannel experience,” according to a press release…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube