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🃏Joker@sh.itjust.works to News@lemmy.worldEnglish · 1 year ago

Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

apnews.com

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  • cross-posted to:
  • economics@lemmy.world
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Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal

apnews.com

🃏Joker@sh.itjust.works to News@lemmy.worldEnglish · 1 year ago
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  • cross-posted to:
  • economics@lemmy.world
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval of the $24.6 billion agreement.
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  • Admiral Patrick@dubvee.org
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    1 year ago

    I look forward to those legal fees showing up in the higher prices at my local Kroger /s 😠

    • lemmydripzdotz456@lemmy.world
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      1 year ago

      If you have options where you live, you may want to look for a better grocery store. Kroger is not known for supporting their employees.

      • CuddlyCassowary@lemmy.world
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        1 year ago

        I have King Soopers (Kroger) or Whole Foods. Since Whole Foods is owned by Amazon is that even a better option employee-rights wise?

        • Lennny@lemmy.world
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          1 year ago

          Nope. Illusion of choice is the American way.

      • Tronn4@lemmy.world
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        1 year ago

        We have an Albertsons… oh wait

        • ramsorge@discuss.online
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          1 year ago

          Just shop at Fred Meyer… oh wait 🤦‍♂️

      • skuzz
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        1 year ago

        deleted by creator

      • ThrowawayOnLemmy@lemmy.world
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        1 year ago

        I got 3 Krogers close by, and a Meijer about 20 minutes away. Not really the best alternative.

      • Pacattack57@lemmy.world
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        1 year ago

        I have an friend that worked there for 45 years. Retired in June. He said he liked it there. 🤷🏽‍♂️

        • AngryCommieKender@lemmy.world
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          He got in before they went to shit. That’s like starting at Walmart in the early 80s when they had employee benefits.

          New employees don’t get the old perks

          • grue@lemmy.world
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            1 year ago

            New employees don’t get the old perks

            A major but too-often ignored union-busting tactic, BTW.

  • Noxy@yiffit.net
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    1 year ago

    GOOD. I’m thrilled it was blocked. Fuck both companies for even trying.

  • Doug Holland@lemmy.world
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    1 year ago

    Good news, and also hilarious! May these two rotten corporations claw at each other in court forever!

  • empireOfLove2@lemmy.dbzer0.com
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    1 year ago

    Corporate duopoly used “lawsuit”!

    It hurt itself in it’s confusion!

  • RizzRustbolt@lemmy.world
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    1 year ago

    Guess they’re going to have buy Hy-Vee now.

    • reddig33@lemmy.world
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      1 year ago

      I hear Piggly Wiggly is still around.

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