President John T. Niccollai
ALBERTSONS-KROGER PROPOSED MERGER UPDATE:
A meeting of the committee dealing with the proposed merger of companies Kroger and Albertsons was held on Thursday, November 10, 2022, virtually. Approximately 74 individuals were in attendance, including international staff from local unions where collective bargaining agreements were in effect from Kroger, Albertsons, or both. The meeting was chaired by International President Marc Perrone who discussed the engagement of professionals from Harvard University, The Wharton School of Business and Finance, legal specialists and merger experts who will...
ALBERTSONS-KROGER PROPOSED MERGER
UPDATE
President Niccollai reported today that close to 100 individuals attended the meeting regarding the proposed merger between Albertsons and Kroger held at the Hyatt O’Hare in Chicago yesterday.
The meeting was chaired by International President Marc Perrone who initially met with the Local Unions holding Collective Bargaining Agreements with Albertsons, Kroger, or both. The meeting then moved on to include a joint meeting with representatives of both Companies.
The initial Union position was mainly opposition to the merger, as the affected Unions...
ALBERTSONS-KROGER PROPOSED MERGER
UPDATE
Events are moving quickly concerning the proposed Albertsons-Kroger merger. As we know, both ACME and Kings are owned and operated by Albertsons in the Local 464A jurisdiction. There are presently no Kroger Banners within our area so we would not be negatively impacted by the Federal Trade Commission, which could force store closings or divestitures if two or more stores of the merging entities are in close proximity. Here in the Northeast, for the most part, the proposed merger might well mean the expansion of store...
UFCW Press Release 10-24-2022.jpg
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