Albertsons And Kroger CEOs Push For Merger Saying It’ll Allow Them To Lower Prices And Better Compete Against Walmart, Costco And Amazon

Albertsons And Kroger CEOs Push For Merger Saying It’ll Allow Them To Lower Prices And Better Compete Against Walmart, Costco And Amazon

On Wednesday, the CEOs of Kroger and Albertsons defended their proposed merger before federal regulators, claiming it would help lower prices and better position them against retail giants like Walmart, Costco, and Amazon. Kroger CEO Rodney McMullen and Albertsons CEO Vivek Sankaran testified in Oregon’s U.S. District Court in response to the Federal Trade Commission’s … Read more