Albertsons

Albertsons and Kroger supermarketsBridget Bennett | Bloomberg | Getty Images; Brandon Bell | Getty ImagesThe U.S. Federal Trade Commission said Monday that it is suing to block the merger of Kroger and Albertsons, saying the combination of the two major grocers would result in higher prices for shoppers and lower wages for workers.In a release, the FTC said it issued an administrative complaint and authorized a lawsuit in federal court to stop Kroger's $24.6 billion acquisition of Albertsons, which would create one of the…

Colorado Attorney General Phil Weiser said Wednesday that he is filing a lawsuit seeking to block the $24.6 billion merger of Kroger and Albertsons, the state’s largest grocery store chains, because he believes it would eliminate competition and harm shoppers, workers and suppliers. Weiser joins Bob Ferguson, attorney general for Washington state, who filed a lawsuit in January that said the consolidation of the two large supermarkets would severely limit options for shoppers and eliminate competition that helps keep…

Nearly 16 months after announcing a $24.6 billion merger, grocery chains Kroger and Albertsons continue to sell their plan to federal and state regulators, workers and customers. Union members are pushing back against the transaction with the public and policymakers. And analysts don’t see the merger as a done deal. A consultant with the financial services company Solomon Partners told reporters during a call last week that the merger between Kroger, which owns and operates King Soopers and City Market stores in Colorado,…

The proposed merger of U.S. grocery giants Kroger and Albertsons, and sale of assets to C&S Wholesale Grocers, will be later than previously anticipated as the companies continues discussion with regulators. The proposed merger of U.S. grocery giants Kroger and Albertsons, and sale of assets to C&S Wholesale Grocers, will be later than previously anticipated as the companies continues discussion with regulators. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno…

Kim Jung-soo invented a super-spicy brand of noodles currently on the shelves of Walmart, Costco and major U.S. grocers. Kim Jung-soo invented a super-spicy brand of noodles currently on the shelves of Walmart, Costco and major U.S. grocers. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Kroger CEO Rodney McMullen and Albertsons CEO Vivek Sankaran pledged to lower prices, pay employees’ retirement pension funds, respect their union contracts and not to lay off frontline associates if their proposed grocery merger prevails. Nine months after the announcement of the almost $25 billion deal, the executives sat down for the first time with a newspaper on Friday to provide updates on the merger process. If successful, the deal would directly impact Coloradans – Kroger serves as the parent company of King…

With more laws on the books demanding additional pay for gig workers, DoorDash has finally come around to offering some hourly pay for its Dashers, though only when they’re hoofing it to their delivery spot. The food delivery app announced Wednesday that contract delivery drivers can now earn a base hourly pay and still receive “100% of tips” on top of it. “Dashers” can still get paid per offer, but now the app should display a guaranteed minimum amount that they can expect to make per offer before they select the job.Are…

Twitter ran ads from household-name brands like Disney, Microsoft, and The Telegraph newspaper alongside neo-Nazi propaganda this week. Family-friendly media conglomerates, tech giants, and legacy newspapers running ads on social media platforms may try to do so with some confidence their names won’t appear plastered next to racist, hateful imagery, but that’s far from guaranteed on Elon Musk’s new Twitter. Users tweeted screenshots of the ads beside clips an antisemitic film, and Gizmodo was able to verify that the ads…

Safeway and Supervalu knew they were wrong in seeking list-price reimbursement for discounted medications, justices say. Safeway and Supervalu knew they were wrong in seeking list-price reimbursement for discounted medications, justices say. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

The United Food and Commercial Workers International Union said it opposes the planned merger between Kroger and Albertsons , adding to tensions over the $20 billion supermarket deal. UFCW International, the biggest U.S. union representing grocery workers, is concerned about what President Marc Perrone said was a lack of information provided by the companies about the merger, including on potential store divestitures. The labor group is also worried about the viability of stores that could be sold…