The New York Times: Kroger and Albertsons Plan $25 Billion Supermarket Merger That May Face Hurdles

Date: 14 Oct 2022 | posted in: Media Coverage | 0 Facebooktwitterredditmail

Excerpt from the article by Lauren Hirsch, Julie Creswell, and Jordyn Holman, originally published by The New York Times on October 14, 2022:

…”We don’t need another mega grocery store chain,” said Stacy Mitchell, co-executive director of the Institute for Local Self-Reliance, an advocacy group that challenges areas of concentrated corporate power, such as the grocery industry.

If the merger went through, she said, the combined Albertsons-Kroger and Walmart would control 70 percent or more of the market in 167 cities in the United States. In some, like Salina, Kan., or Durango, Colo., the share would exceed 90 percent.

Read the full article here.

 

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Andrew Frank was the Digital Communications Manager at ILSR, where he worked to maximize the reach of the organization’s initiatives, research, and reporting online.