Lower Prices and More Fresh, Affordable Choices

"Kroger has a long history of keeping prices low, and at a time when families need lower prices at the grocery store, they must stand by that commitment on pricing, because it will help families across the country. I appreciate that Kroger has already pledged to continue lowering prices after the merger. Having a hometown company, one that is accountable to its community, workers, and customers – not just shareholders – operate America’s grocery stores makes a difference in protecting union jobs and keeping food prices low.”

U.S. Congressman Greg Landsman (D-OH)

"This merger has the potential to be great for the region and great for workers.”

U.S. Senator Sherrod Brown (D-OH)

“That’s why I believe this one… makes too much sense for the American people, which is what we really care about.”

Jim Cramer

CNBC Mad Money

“[Lowering prices] is actually part of how Kroger competes… Kroger lowers prices to attract more customers, which allows them to make up sales on volume.”

Cincinnati Enquirer

“Never has the company’s purpose of feeding the human spirit and uplifting communities been more alive than at that King Soopers in Boulder… This is the stuff that great companies are made of, and it’s one of four key reasons that Kroger is poised to sustain its momentum as America’s top grocer, driving profitable sales growth and providing a seamless shopping experience.”

Progressive Grocer

"Merging with Albertsons will better position Kroger to compete with Walmart and even Amazon on a national scale."

Ken Fenyo

Coresight, President

"If this merger turns out to increase the productivity of the grocery business, and the food products business in the U.S., that's going to lead to a net increase in jobs across all sectors in the U.S."

Steven Peterson

University of Idaho, Associate Clinical Professor of Economics

"…allowing Kroger and Albertsons to merge will likely mean a more, not less, competitive market in the long run…Consumers deserve better when it’s a matter of putting food on the table."

Clyde Wayne Crews

Competitive Enterprise Institute, Vice President for Policy

“The Kroger Albertsons merger may be the final chance to level the playing field to improve competition, create more choice and provide local jobs in the community."

Mark Harmsworth

Washington Policy Center, Small Business Center Director

“The merger between Kroger and Albertsons could foster healthy competition, providing consumers with more choices and potentially driving improvements in pricing, service, and product offerings.”

Cory Gardner

Former U.S. Senator, U.S. Representative, and Colorado State Representative

“Without this merger, low-wage, non-union national / discount grocers retailers will add to their dominance in the grocery sector and produce a more fragile and less resilient market for food.”

Congressmen Brian Fitzpatrick and Josh Gottheimer

“I looked at all the ones that [Kroger] merged, and it's absolutely true: they brought down prices. I wonder whether it will matter to the FTC, but they actually did bring down prices... That's why I looked at this thing – I was trying to poke holes in it when Rodney was on. You couldn't. It’s unassailable. You do better when they merge.”

Jim Cramer

CNBC Squawk on the Street
2/13/24

"Competition is good for business and consumers, but there must be a level playing field. America’s supermarket grocers need to have the option to team and get bigger in order to better compete, drive down prices and protect good-paying, American union jobs. The proposed merger between Kroger and Albertsons — the owners of Fred Meyer and Safeway, respectively — will do just that."

Kurt Schrader

Former U.S. Representative

“Future union membership levels depend on the ability of Kroger and other supermarket chains to compete effectively. Kroger has a history of being a good corporate citizen, both benefiting the labor force and the consumer. Since 2003, Kroger has invested more than $5 billion in lowering prices for its shoppers.”

Burt Flickinger

Strategic Resource Group, Founder

“Kroger is trying to adjust. The FTC is trying to obstruct.”

Michael L. Davis

Cox School of Business, Economics Professor

“Small businesses and consumers need a combined Kroger and Albertsons to compete against the growing supercenters and discount grocers. And a combined Kroger Albertsons means more opportunities for small businesses to grow and, in turn, lower grocery bills for consumers. This merger is good for small business and good for consumers’ wallets.”

Julian Cañete

CEO of California Hispanic Chambers of Commerce

“The combination would allow Kroger and Albertsons to compete aggressively on price with Walmart – which holds 25% of the American grocery market – and Amazon, Costco, Aldi, Target, and other big box stores…”

Tom Herbert

Director of Competition and Regulatory Policy at Americans for Tax Reform and executive director of the Open Competition Center

* permission to use quotes neither sought nor obtained

Continuing Track Record of Investing in Customers, Communities and Associates

~$1B

to lower prices - post close

Learn More About Kroger’s Commitment to Lower Prices

~$1.3B

into Albertsons Cos. stores to enhance customer experience - post close

~$1B

to continue raising associate wages and industry-leading, comprehensive benefits - post close

10B

meals donated by 2030

Kroger will not close any stores, distribution centers or manufacturing facilities or lay off any frontline associates as a result of the merger.

"The combination of Kroger and Albertsons Companies brings together two purpose-driven organizations to deliver superior value to customers, associates, communities and shareholders."

Rodney McMullen
Kroger Chairman and CEO

Op-Ed: Kroger-Albertsons merger will deliver lower prices, more choices

By Rodney McMullen and Vivek Sankaran

Read the Facts Here

kroger employee

Associates Enable our Success

Cultivating a best-in-class associate experience to support and empower full potential
Creating new and exciting career opportunities
Securing union jobs
Investing to increase wages and industry-leading comprehensive benefits

Delivering High Quality, More Value and More Choice

Serving more customers with fresher food, faster
Expanding Our Brands portfolio to offer more customers higher quality and better value
Delivering a best-in-class personalized experience to help customers save money
Providing a convenient shopping experience so customers can find the foods they love and need whenever and however they want

Creating Zero-Hunger Communities

Expanding access to fresh, high-quality and affordable food
Contributing to a food system that feeds future generations
Creating opportunities for deeper commitment to ending hunger in more communities across America

Disclaimer

Certain Information included in this website is forward-looking and involves risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These statements are based on the assumptions and beliefs of Kroger and Albertsons Companies management in light of the information currently available to them. Such statements are indicated by words or phrases such as “accelerate,” “create,” “committed,” “confident,” “continue,” “deliver,” “driving,” “expect,” “future,” “guidance,” “positioned,” “strategy,” “target,” “synergies,” “trends,” and “will.” Various uncertainties and other factors could cause actual results to differ materially from those contained in the forward-looking statements. These include the specific risk factors identified in “Risk Factors” in each of Kroger’s and Albertsons Companies’ annual report on Form 10-K for the last fiscal year and any subsequent filings, as well as the following: the expected timing and likelihood of completion of the proposed transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the proposed transaction; the impact of any potential divestitures and/or the separation of Albertsons Companies SpinCo; the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; the outcome of any legal proceedings that may be instituted against the parties and others following announcement of the merger agreement and proposed transaction; the inability to consummate the transaction due to the failure to satisfy other conditions to complete the transaction; risks that the proposed transaction disrupts current plans and operations of Kroger and Albertsons Companies; the ability to recognize the anticipated benefits of the transaction, including anticipated TSR, revenue and EBITDA expectations and synergies; the amount of the costs, fees, expenses and charges related to the transaction; and the ability of Kroger and Albertsons Companies to successfully integrate their businesses; the ability of Kroger to maintain an investment grade credit rating; risks related to the potential impact of general economic, political and market factors on the companies or the proposed transaction. The ability of Kroger and Albertsons Companies to achieve the goals for the proposed transaction may also be affected by their ability to manage the factors identified above. The forward-looking statements by Kroger and Albertsons Companies included in this website speak only as of the date the statements were made. Neither Kroger and Albertsons Companies assumes the obligation to update the information contained herein unless required by applicable law. Please refer to the reports and filings of Kroger and Albertsons Companies with the Securities and Exchange Commission for a further discussion of the risks and uncertainties that affect them and their businesses.