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

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

News Room
Last updated: 2023/05/02 at 3:09 PM
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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, which bills itself as the country’s largest grocer, 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…

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News Room May 2, 2023 May 2, 2023
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