Kroger Plans to Cut Prices Following Completion of Albertsons Merger
Retail TouchPoints
FEBRUARY 13, 2024
Citing its actions following previous corporate mergers, Kroger said it plans to lower prices when its planned merger with Albertsons is finalized. The supermarket giant will invest $500 million to lower prices on “day one” following the transaction’s close, and also plans to invest $1.3
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