Kroger CEO Blames Rising Costs
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higher grocery pricesBored Bat
•Kroger’s CEO says it isn’t the supermarket’s fault that groceries are more expensive, it’s due to things like credit card swipe fees and fuel costs
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Kroger CEO Rodney McMullen testified in court on Wednesday that credit card swipe fees and fuel prices are to blame for today ’s higher grocery prices.
The FTC is looking to block the proposed $24.6 billion merger between Kroger and Albertsons over antitrust concerns.
The case is set to be decided at the end of September .
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