Merger means big squeeze for food companies: A Kroger-Albertsons combo would have the heft to demand price cuts from packaged-food suppliers like Kraft Heinz, Conagra and Mondelez.

Autor:	Marotti, Ally (AUTHOR)
Předmět:	KROGER Co., FOOD industry, PRICE cutting, MERGERS & acquisitions, KRAFT Heinz Co., BUSINESS enterprises, SUPPLIERS, HOUSE brands, FOOD prices
Zdroj:	Crain's Chicago Business. 2/27/2023, Vol. 46 Issue 9, p1-1. 1p.
Abstrakt:	Chicago's packaged-food giants are in for painful pricing pressure if the Kroger-Albertsons merger goes through and the megagrocer flexes newfound buying muscle. In an emailed statement, Kroger said, "With an expanded network, we believe the merger will benefit our suppliers as it will allow for a more efficient distribution chain and provide opportunities to help grow our suppliers' businesses.". [Extracted from the article]
Databáze:	Regional Business News
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