Letter sent to FTC opposing deal
 
Supermarket News Daily

AUGUST 18, 2023

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Secretaries of states want FTC to block Kroger, Albertsons merger

Group says the deal would allow the two grocers to control large share of food retail market.

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Grocery at center of growth again for Walmart

Retailer reports 5.7% revenue growth in Q2 and increases in foot traffic, online sales.

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Podcast: Planting a flag on the inflation crisis

Ahold Delhaize CEO Frans Muller believes the grocery sector is past the peak of inflation and talks about U.S. operations.

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Amazon Pharmacy launches insulin savings program

Eligible customers can get insulin for as low as $35 a month with free delivery.

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Costco gets approval to move forward with plans in Michigan

The big box retailer received the green light to build a warehouse and fuel facility.

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Walmart International CEO Judith McKenna set to retire

Kathryn McLay and Chris Nicholas will lead Walmart International and Sam’s Club U.S.

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H-E-B donates $100K to Hawaii Food Bank following Maui fires

The company also donated 23 pallets of products.

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Walmart names Kieran Shanahan EVP and chief operating officer

Shanahan succeeds Chris Nicholas who was promoted to president and CEO of Sam’s Club U.S.

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CVS Caremark out as pharmacy-benefit manager for Blue Shield of California

Company will try new system that could catch on nationally; CVS will still be used for specialty drugs.

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The results are in...

The FTC is looking into whether the proposed Kroger, Albertsons merger will put pressure on suppliers and result in harm to small grocery chains.

We asked: 
Do you think the proposed Kroger, Albertsons merger deal should go through?

You answered:
Heck no, terrible idea (49%)
Yes, it needs to (46%)
Other, tell us in the comments (4%)

You said:
Will (Pureentzs) Smith, Customer Service
Walmart is the national leading grocer.  Need I say more? As long as inflation carries on with substantial increases like it did, Walmart will get hammered and quality in goods will hit degrading levels like it did. Never saw Walmart this bad. If they merge, this might force Walmart to step its game up.

Carolyn Dixon, Sales
Kroger destroyed what was left of Mariano’s in Chicago. It’s a horrible shopping experience and I much prefer Jewel (Albertson’s). My favorite Fresh Thyme Farmer’s Market is going out of business...such a shame!

Canga Kamwambe
Yikes, there are pros and cons. I would say there is no rush. I think small grocers will be fine; suppliers understand the importance of those channels, and consumers do as well.
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Have another thought? Weigh in on our LinkedIn poll  here, or email the SN staff at [email protected]and make sure to include your first and last name and job title.

WHAT DO YOU THINK?