On November 29th, both Kroger Co. Chairman and CEO Rodney McMullen and Vivek Sankaran, President and CEO of Albertsons Companies went before the Senate Judiciary Subcommittee to testify and clarify concerns regarding the merger of the two largest supermarket chains in the U.S. A significant concern was the impact on consumers and employees of theContinue reading “Kroger and Albertsons’ $24.6 Billion Merger – Concerns Over Pricing, Labor, Shoppers, and Food Access”
Tag Archives: Retail
What is the “Retail Apocalypse”?
COVID-19 has struck small businesses and brick and mortar retail stores due to the shrinking amount of business they are receiving. Over 100,000 small businesses have closed their doors due to the impact of the COVID-19 pandemic. In addition, around 12,000 retail businesses are expected to close permanently in 2020, an increase from 9,300 inContinue reading “What is the “Retail Apocalypse”?”