FTC’s big win, Kroger and Albertsons big beef, and Costco’s membership fee hikes: Retail news roundup

On Jan. 1, 2025, millions of U.S. workers will see a boost in their paychecks as the minimum wage increases in 21 states, according to the National Employment Law Project (NELP). In a major victory for the Federal Trade Commission (FTC), a federal judge temporarily blocked the $25 billion Kroger-Albertsons merger. This led Albertsons to sue Kroger, accusing it of failing to make the “best efforts” to complete the deal, ultimately calling off the merger. Meanwhile, U.S. online grocery shopping co

Read More

Yahoo! Finance: ACI News

Enjoying Merger Arbitrage Limited?

Enjoying Merger Arbitrage Limited?

Sign up then! It's quick and FREE

Have time to share an article? It's very much appreciated!!

You have Successfully Subscribed!