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That 64-ounce bottle of juice that sold for $1.99 six months ago now costs $2.29. The box of crackers that was once $1.48 is now $1.64. ... Albertsons is raising prices simply because its costs ...
Albertsons is paying $3.9 million to settle a federal-state lawsuit that accused it of ripping off shoppers. What does that tell us about its promise that its big merger will lead to lower prices?
To meet the FTC's objections, the merger partners proposed selling 579 stores to C&S Wholesale Grocers, a privately held supermarket supplier headquartered in New Hampshire that is a tiny fraction ...
The two companies proposed what would be the largest supermarket merger in U.S. history in October 2022, after Kroger agreed to purchase Albertsons. But the Federal Trade Commission sued to prevent the $24.6 billion deal, alleging it would eliminate competition and lead to higher food prices for already struggling customers.
McMullen countered that argument by saying that Albertsons prices are 10-12% higher than Kroger’s and that the merged company would try to reduce the disparity as part of a strategy for keeping customers. Walmart now controls around 22% of U.S. grocery sales. Combined, Kroger and Albertsons would control around 13%.
The two sides in the fight over Kroger’s and Albertsons’ desire to merge are finally getting their day in court. Three weeks’ worth of days, actually.
And a few retailers won't even price-match their own websites: If that blender is $30 at your local Walmart but you find it on Walmart.com for $25, don't expect to get the cheaper price in the store.
Howard Moskowitz is an American market researcher and psychophysicist. He is known for the detailed study he made of the types of spaghetti sauce and horizontal segmentation . By providing a large number of options for consumers, Moskowitz pioneered the idea of intermarket variability as applied to the food industry .