kroger
New York (AFP) - US antitrust officials filed a lawsuit Monday to block Kroger's proposed $24.6 billion takeover of Albertsons on Monday, saying the supermarket acquisition would harm consumers. Arguing the deal would lead to "higher prices for groceries and other essential household items for millions of Americans," the Federal Trade Commission announced that it would seek a preliminary injunction blocking the transaction in federal court. "This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over the past few years," said Henry Liu, director...
AFP
Washington, D.C. – Kroger Does Not Prohibit Discrimination Based On Viewpoint Or IdeologyFEP’s proposal at Kroger Co (Proposal #9) requests that the company issue a public report detailing the potential risks associated with omitting “viewpoint” and “ideology” from its written equal employment opportunity (EEO) policy. As currently written, Kroger does not explicitly prohibit discrimination based on viewpoint or ideology. “Kroger’s lack of a company-wide best practice EEO policy sends mixed signals to company employees and prospective employees and calls into question the extent to which indiv...
ValueWalk
What’s New In Activism: Carl Icahn At KrogerCarl Icahn nominated two directors to U.S. grocer Kroger Co (NYSE:KR), citing concerns regarding animal welfare and the use of gestation crates in pork production. Icahn recently nominated two directors at McDonald’s for similar reasons. In a March 29 press release, Kroger said Icahn put forward Alexis Fox and Margarita Palau-Hernandez to stand for election at its 2022 annual meeting. The grocer said it first heard from Icahn during the previous week, when he voiced concerns about animal welfare. Q4 2021 hedge fund letters, conferences and more "Krog...
ValueWalk
Walmart Inc (NYSE:WMT) and Kroger Co (NYSE:KR) have stopped selling a rapid COVID-19 test at cost price after a 100-day deal with the White House expired. The test will now be more expensive at a time when demand has soared due to skyrocketing Omicron infections. Q3 2021 hedge fund letters, conferences and more Expired AgreementAs reported by the New York Post, the biggest retailers in the U.S. have increased the price of a rapid Covid test heavily on demand. The antigen self-test known as BinaxNOW is selling for $20 at Walmart and $24 at Kroger. “The large price jumps followed the lapse of th...
ValueWalk
As part of my monitoring process, I review the list of dividend increases every week. This exercise helps me to monitor events related to companies I own, in order to keep up with them better. It also helps me identify companies for further research. Q1 2021 hedge fund letters, conferences and more I usually focus my attention on the companies that have managed to increase dividends for at least a decade. That’s because my goal is to find companies for long-term investment, which I can hopefully hold for decades. I am not interested in buying a stock that I then have to sell a few years down t...
ValueWalk
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