Get all your news in one place.
100's of premium titles.
One app.
Start reading
Los Angeles Times
Los Angeles Times
Business
Michael Hiltzik

Michael Hiltzik: Think food inflation is bad now? Wait till Kroger and Albertsons merge

The gargantuan proposed $24.6-billion merger of supermarket behemoths Kroger and Albertsons is being touted by the merger partners as a boon to consumers.

"We will take the learnings from each company to bring greater value and a better experience to more customers, more associates and more communities," Kroger Chief Executive Rodney McMullen told analysts and investors in a conference call Friday after the deal was announced.

McMullen didn't explicitly say that would mean lower prices, but it would be a rare shopper who didn't think that "greater value and a better experience" meant anything other than paying less at the checkout counter.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.