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Kroger and Albertsons head to court to defend merger plan against US regulators' objections
National

Kroger and Albertsons head to court to defend merger plan against US regulators' objections

  • By DEE-ANN DURBIN and CLAIRE RUSH Associated Press Writers

Kroger and Albertsons are defending their plan to merge in a hearing that began Monday in federal court in Oregon. In October 2022, the chains proposed what would be the largest supermarket merger in U.S. history. They say joining together would help them compete with big rivals like Walmart and Costco. But the Federal Trade Commission sued to try to block the merger, saying it would eliminate competition and raise grocery prices. After a three-week hearing, U.S. District Judge Adrienne Nelson will decide whether to grant the FTC's request for a preliminary injunction, which would block the merger while the case goes through in-house proceedings at the FTC.

Chain takes a page from local bookstores
Local News
Featured

Chain takes a page from local bookstores

  • By Naomi Taxay Daily Journal correspondent
  • Updated

Just a few years after beloved independent bookstore Books Inc. closed its doors on Burlingame Avenue, an unusual Barnes & Noble appeared …