Kroger CEO says at congressional hearing no stores would close in proposed Albertsons merger

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Kroger CEO says at congressional hearing no stores would close in proposed Albertsons merger
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Updated: Kroger CEO Rodney McMullen vowed at a congressional hearing Tuesday not to close stores or lay off frontline associates if the proposed merger between his company and Albertsons succeeds.

between Kroger — the parent company of Colorado’s largest retail grocery chain, King Soopers — and Albertsons, which operates Safeway stores.”

But union workers Tuesday morning opposed the deal, with six United Food and Commercial Workers unions representing more than 100,000 Kroger and Albertsons employees in 12 states and Washington, D.C., gathering at the U.S. Capitol as the congressional hearing got underway. They asked state and federal regulators to halt the merger.

The merger would also let them expand their customer reach, and “improve proximity to deliver fresh and affordable food,” he said. The plan includes a boost to associate wages and benefits. Claudia Morales, a floral manager at Safeway in Colorado Springs, thought about her two children in high school when she first learned about the proposed merger between Kroger and Albertsons.

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