Luckily, digging through OP’s article, I have found the data!
Together, Kroger and Albertsons would control around 13% of the U.S. grocery market; Walmart controls 22%, according to J.P. Morgan analyst Ken Goldman.
That doesn’t matter as much as what is the local grocery shopping going to be like. I’ve never been to a Kroger (and only have been to an Albertsons via the Safeways they bought), so them controlling some percent of the market doesn’t say anything about the competitiveness of my local grocery market. Lots of people only live near a single grocery store brand, and that number would increase if those two merged.
Fair point.
Luckily, digging through OP’s article, I have found the data!
That doesn’t matter as much as what is the local grocery shopping going to be like. I’ve never been to a Kroger (and only have been to an Albertsons via the Safeways they bought), so them controlling some percent of the market doesn’t say anything about the competitiveness of my local grocery market. Lots of people only live near a single grocery store brand, and that number would increase if those two merged.