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Kroger said it plans to lower grocery prices by $1 billion if federal regulators approve the proposed $25 billion merger with Albertsons (www.aier.org)
submitted 2 months ago* (last edited 2 months ago) by Reverendender@sh.itjust.works to c/ethicalconsumerism@sh.itjust.works
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I don’t know about y’all, but I will not ever be going shopping here.

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[-] zarkanian@sh.itjust.works 48 points 2 months ago

They aren't even saying that.

After the merger closes, Kroger will invest $1 billion to lower Albertsons’ prices, consistent with Kroger’s track record of fighting inflation and providing value to customers.

So, they're going to invest $1 billion to lower prices (which the writer speculates will be through "increasing efficiencies and improving its supply chain").

[-] Reverendender@sh.itjust.works 9 points 2 months ago

Which they already claim they actively do in order to lower prices

[-] Anticorp@lemmy.world 8 points 2 months ago

consistent with Kroger’s track record of fighting inflation

LOL, fucking what? They're literally one of the major causes of inflation.

which the writer speculates will be through "increasing efficiencies and improving its supply chain

Oh, so firing more people, adding more self-checkout lanes, charging more for bags, and extorting distribution centers so they also have to fire a bunch of people?

[-] Corkyskog@sh.itjust.works 3 points 2 months ago

increasing efficiencies and improving its supply chain

That just sounds like sourcing lower quality food stuff to save their bottom line

[-] teamevil@lemmy.world 2 points 2 months ago

Nah it's going to be a billion dollars and putting those prices that can change at the drop of a hat with AI is help The digital ones. They're expensive

this post was submitted on 11 Sep 2024
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Ethical Consumerism

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