Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    GST Revenue Collection for May Up 12% YoY at Rs 1.57 Lakh Crore

    June 2, 2023

    Wipro merges govt business with IT services segment after drop in revenue

    May 30, 2023

    Route Mobile Targets Billion-Dollar Revenue In 3-4 Years On Cloud, AI Push

    May 26, 2023
    Facebook Twitter Instagram
    Your Revenue
    • Revenue

      GST Revenue Collection for May Up 12% YoY at Rs 1.57 Lakh Crore

      June 2, 2023

      Wipro merges govt business with IT services segment after drop in revenue

      May 30, 2023

      Route Mobile Targets Billion-Dollar Revenue In 3-4 Years On Cloud, AI Push

      May 26, 2023

      Metro Brands shares near 52-week high after 35% revenue growth in Q4

      May 25, 2023

      GoBOLT ends FY22 with Rs 275 Cr revenue, maintains profitability

      May 24, 2023
    Your Revenue
    Home»Revenue»Why is Kroger buying Albertsons, and how will it affect shoppers?
    Revenue

    Why is Kroger buying Albertsons, and how will it affect shoppers?

    yourrevenueBy yourrevenueOctober 19, 2022No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Kroger’s plan to acquire supermarket rival Albertsons in a nearly $25 billion deal would create a grocery juggernaut with more than 4,500 stores in 48 states.

    On Friday, Kroger CEO Rodney McMullen told The Cincinnati Enquirer, part of the USA TODAY Network, what he thought the deal would do for shoppers, workers and Cincinnati. Here are the highlights:

    How will the Kroger-Albertsons deal affect shoppers and the products on store shelves?

    McMullen: “A lot of supply chain savings will really be helping improve freshness of product because we’ll have warehouses closer to the stores and you’ll be able to take a day or two out of the cycle for those fresh products as well. … When I look at their (Albertsons’ private label) brands, they’ve done a great job. … Between the two companies, we have an amazing portfolio.”

    He said Kroger studied Albertsons’ O Organics house brand when it created its own SimpleTruth label that is now a $3 billion brand. Private label or house brands are expected to be key tools in attracting and retaining customers as more shoppers turn to generic store brands to offset the cost of inflation. Combined, Kroger and Albertsons sell $43 billion in private-label products a year.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleInflation eased to 8.2% but remained high in September, CPI report shows
    Next Article Biden calls on U.S. companies to produce more oil, talks gas prices and electric batteries; live updates
    yourrevenue
    • Website

    Related Posts

    GST Revenue Collection for May Up 12% YoY at Rs 1.57 Lakh Crore

    June 2, 2023

    Wipro merges govt business with IT services segment after drop in revenue

    May 30, 2023

    Route Mobile Targets Billion-Dollar Revenue In 3-4 Years On Cloud, AI Push

    May 26, 2023

    Metro Brands shares near 52-week high after 35% revenue growth in Q4

    May 25, 2023

    Leave A Reply Cancel Reply

    Our Picks

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    We provide a wide range of customized, integrated B2B and B2C digital marketing services solutions that are ideal for your business.

    We're accepting new partnerships right now.

    Email Us: info@yourmartech.com
    Contact: +1-530-518-1420

    Our Brands
    • Your Martech
    • Your HR Tech
    • Your Fin Tech
    • Your Bio Tech
    • Your Info Tech
    • Your POS Tech
    • Your Health Tech
    SUBSCRIBE NOW
    Loading
    LinkedIn
    • Privacy Policy
    © 2022 Vigarbiz Inc. Designed by Vigarbiz Media

    Type above and press Enter to search. Press Esc to cancel.