Retail Watchers

Aldi is good at making something sound like a huge deal. It will be interesting to see how many actually open in CA/NV/AZ and how far into NorCal they push. I do not expect them to do overly well in NorCal. If they get up north of Sacramento they may do better. Redding, Marysville, Yuba City, Chico...

This is the worst case scenario for Kroger & Albertsons. Anyone who thinks this isn't political, you are clueless. FTC went judge shopping and found the perfect judge to end this moronic merger.

Biden appointed Federal judge to hear Albertsons-Kroger merger case in Portland, Oregon.

https://www.oregonlive.com/business/202 ... judge.html

Former Mervyn's
https://www.sgvtribune.com/2024/02/26/w ... percenter/

"If the federal lawsuit fails, Oregon could still explore filing its own state-level challenge, she (Oregon AG Rosenblum) added.

https://www.kgw.com/article/money/busin ... 394f3b46c7

California AG Bonta's statement on joining FTC lawsuit to block Kroger's buyout of Albertsons. https://oag.ca.gov/news/press-releases/ ... otten-deal

cathandler wrote: ↑February 26th, 2024, 9:18 am As expected, the FTC has thrown its full weight against the merger - I think this is the coup de grâce...
https://www.cnbc.com/2024/02/26/ftc-sue ... erger.html

It was filed in U.S. District Court in Oregon which that article doesn't mention. Very smart.

Washington State trial won't start for another year

Kroger, Albertsons Allegedly Colluded Against Grocery Workers' Union The two companies struck a "no-poaching" deal to weaken workers' leverage during a strike https://www.huffpost.com/entry/kroger-albertsons-strike-collusion-union_n_65cfcdb4e4b043f1c0ab2c2b Albertsons/Kroger Email https://...

Kroger really grasping at straws coming out with this pr today. Adding nothing they haven't already said. Everyone in DC already knows the FTC is going to sue to block. Joined by multiple states. Kroger to Lower Prices Following Merger with Albertsons Cos https://www.prnewswire.com/news-releases/kro...