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SN Top 10: Kroger, Albertsons merger, port strike, and CVS top the week’s headlines
The week’s Top 10 most popular Supermarket News articles
Supermarket News Staff
October 7, 2024
10 Slides
In this week’s recap of the Top 10 most popular Supermarket News articles, our most read story was about Kroger and Albertsons saying that traditional grocers will continue a “downward slide” if the merger deal doesn’t go through.
Blocking the proposed $24.6 billion merger of pure-play grocers Kroger and Albertsons would “maintain the downward slide of the traditional grocery store, reducing consumer choice and reducing price competition,” the two retailers argued in their post-hearing brief.
Other top stories include:
FTC: Kroger, Albertsons merger could mean higher prices in over 1,400 communities
Sen. Elizabeth Warren: Stop & Shop is engaging in ‘abusive pricing tactics’
The Top 50 Foodservice Retailers
Costco, Walmart keep an eye on possible port strike
In other news, CVS announced it was laying off some 3,000 workers and is in talks about breaking up the company. Additionally, earlier this week, CVS management met with major shareholder Glenview Capital to discuss the company’s deficits and a severely depressed stock price.
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