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Your email address will not be published.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

News

Follow Play Earnings CallPlay Earnings Call Disc Medicine, Inc. (IRON) Discusses ASH Conference Data Updates and Portfolio Progress Including Anemia and Iron Restriction Programs...

Videos

Watch full video on YouTube