alison roman (@alisoneroman) 's Twitter Profile
alison roman

@alisoneroman

Author of NYT best seller Nothing Fancy + Dining In / Home Movies on YouTube / A Newsletter on Substack / SWEET ENOUGH out 3/28/23 🍰🌷

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linkhttp://alisoneroman.com calendar_today30-08-2012 22:34:01

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Lee Hepner (@leehepner) 's Twitter Profile Photo

As a result of decades of consolidation, Kroger and Albertsons are now the #1 and #2 supermarket chains in the United States. There's much talk lately of "price gouging" at the grocery store. This consolidation, under the banner of "efficiency," is a contributor to that problem.

As a result of decades of consolidation, Kroger and Albertsons are now the #1 and #2 supermarket chains in the United States.

There's much talk lately of "price gouging" at the grocery store. This consolidation, under the banner of "efficiency," is a contributor to that problem.
Lee Hepner (@leehepner) 's Twitter Profile Photo

It's not just grocery prices. It's wages, too. Competition for workers between Kroger and Albertsons has the effect of driving up wages, benefits, and working conditions for over 700,000 employees. That's why UFCW, the largest union repping grocery workers, opposes the merger.

It's not just grocery prices. It's wages, too. Competition for workers between Kroger and Albertsons has the effect of driving up wages, benefits, and working conditions for over 700,000 employees.

That's why <a href="/UFCW/">UFCW</a>, the largest union repping grocery workers, opposes the merger.
Lee Hepner (@leehepner) 's Twitter Profile Photo

Since announcing the merger, Kroger and Albertsons have engaged in various underhanded tactics, including a $4B shareholder payout requiring Albertsons to borrow $1.5 billion. At the time, many alleged this was an attempt to hobble Albertsons and render the merger inevitable.

Since announcing the merger, Kroger and Albertsons have engaged in various underhanded tactics, including a $4B shareholder payout requiring Albertsons to borrow $1.5 billion.

At the time, many alleged this was an attempt to hobble Albertsons and render the merger inevitable.
Lee Hepner (@leehepner) 's Twitter Profile Photo

Kroger & Albertsons have offered various concessions to smooth the merger. But they raise more questions than they answer. Chief among those questions: If Kroger has the power to lower prices by $1B, have they been gouging consumers all along?

Kroger &amp; Albertsons have offered various concessions to smooth the merger. But they raise more questions than they answer.

Chief among those questions: If Kroger has the power to lower prices by $1B, have they been gouging consumers all along?