US lawmakers skeptical grocery merger will mean lower prices
November 29, 2022 GMTU.S. senators from both parties expressed skepticism Tuesday that a proposed merger between grocery giants Kroger and Albertsons would result in lower prices for consumers.
“Fewer local options mean less competition to keep prices low,” said Sen.
Kroger seeks to create grocery giant in $20B Albertsons bid
October 14, 2022 GMTTwo of the nation's largest grocers have agreed to merge in a deal they say would help them better compete with Walmart, Amazon and other major companies that have stepped into the grocery business.
Amazon eyes 125K more hires, $18+ per hour average salary
September 14, 2021 GMTAmazon wants to hire 125,000 delivery and warehouse workers and said Tuesday that it is paying new hires an average of $18 an hour in a tight job market as more people shop online.
Competition for hourly workers has become fierce, and many companies are offering higher pay, sign-on bonuses and other incentives.
Kroger, Instacart team on new 30-minute delivery service
September 14, 2021 GMTKroger is teaming up with Instacart on a new delivery service that can get grocery items to customers in as little as 30 minutes.
The announcement comes at a time when many people are having groceries delivered for convenience and want their items to arrive quickly.