Kroger-Albertsons merger could cause more US food deserts, experts say
by Matt Krupnick from World news | The Guardian on (#655MM)
Agreement between two of the largest supermarket chains in the US could also make prices increase
The proposed $24.6bn merger of Kroger and Albertsons could have dramatic consequences for customers, including higher prices for groceries and more food deserts, experts say.
The agreement between two of the largest supermarket chains in the US - which own brands such as Ralphs, Mariano's, Fred Meyer, Safeway and Vons - would give the combined company control of nearly one-fifth of the US grocery market, with about 5,000 stores across 48 states. If the deal is approved by regulators, it is expected to close in 2024.
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