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Kroger CEO pins price increases on rising costs at trial

By Yahoo! Finance   |   Sep 4, 2024 at 05:32 PM EST
Kroger CEO pins price increases on rising costs at trial

Kroger CEO Rodney McMullen defends the $25 billion merger with Albertsons, citing rising costs for retailers as reason for grocery price hikes. The FTC and states aim to block the merger, concerned about potential price increases and impact on unionized workers.

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