Why Independent Grocers Are Pushing For Better Antitrust Enforcement [Forbes]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: Forbes
The $1 trillion grocery industry has been at the epicenter of debates around supply chain shocks, processed foods price inflation and profiteering . But after decades of lax enforcement, antitrust authorities have started taking a closer look at the industry, which is heavily consolidated at the national and regional levels . The FTC filed a lawsuit to block the controversial $26 Billion Kroger-Albertsons ACI merger. Shortly after, the FTC released a long anticipated report detailing how the biggest grocery chains leveraged the Covid-19 pandemic to stay dominant at the expense of both smaller competitors and consumers. Despite these pressures, independently owned grocers have maintained a solid market share position in many communities. They have also greeted the renewed antitrust oversight with enthusiasm. Chris Jones is Chief Government and Industry Relations Officer and Counsel at the National Grocers Association. Errol Schweizer: Who is National Grocers Association (NGA)?
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News
- The 20 Best Subscription Boxes For Moms That Love A Thoughtful Gift [Forbes]Forbes
- Nourishing Tomorrow: How 'Food is Medicine' Advances Food Retailing and Positive Outcomes for Nutrition Responsive Health Conditions [Yahoo! Finance]Yahoo! Finance
- Real estate mogul Grant Cardone shares 3 money 'habits' that he says helped him achieve 'financial freedom' [Yahoo! Finance]Yahoo! Finance
- Norfolk approves big box store development at Wards Corner site where Target sought [Yahoo! Finance]Yahoo! Finance
- KR vs. WMT: Which Stock Is the Better Value Option? [Yahoo! Finance]Yahoo! Finance
KR
Earnings
- 3/7/24 - Beat
KR
Sec Filings
- 4/26/24 - Form 4
- 4/25/24 - Form 4
- 4/24/24 - Form 4
- KR's page on the SEC website