Kroger to acquire Giant Eagle for $1.65B
I don't think Giant Eagle is the be-all, end-all of grocery stores, but it's way better than fucking Kroger in about 20 ways and now that this is happening I expect GE to get enshittified the way Kroger enshittifies everything.
Giant Eagle pros: There produce isn't ass, the meat departments employe actually trained butchers, and the stores are always clean and well organized. Cons: They're pricier on certain things. Kroger's whole vibe: "Fuck you, where else ya gonna shop?"
it’s so funny because here “kroger’s” is just the sad, shrimpy little brother of “meijer’s,” and everywhere else kroger is like some industry-consuming titan
When Kroger took over Ralph’s out here this is exactly what happened.
oh no, no the Iggle!!
Just when you thought Market District prices couldn’t get any higher.
Big Bear, there's a blast from the past. I haven't shopped at Kroger since 2020, when they added those extra inside "security gates". And they stopped taking cash at the self checkouts. Old man like me likes using cash.
According to Kroger, the purchase price for Giant Eagle was $1.65 billion. Giant Eagle owns 197 supermarkets and 11 pharmacies across western Pennsylvania, northern Ohio, West Virginia, Maryland and Indiana.
Don’t like this at all
idk what to think about this other than they better not fuck with GE’s bakery. Kroger’s baked goods are insipid, soul-less things. While still a “supermarket bakery”, at least GE uses regional bakeries for their seasonal stuff like their pączki
"competition is what makes capitalism so good"
They're going to end up like Canada where three companies own all the grocery stores. Let me tell you, it does not lower prices
Kroger loves two things more than anything: treating their employees like total dog shit and gobbling up smaller competitors.
I think this is good? Not sure about Kroger but GE just succccckkkkssss (my opinion has improved a little since my kid was diagnosed with celiac and they have a gluten free section)
Not that I super love GE but UGH grocery monopoly getting bigger is never good. Kroger sucks and was in the news with all the “surge” pricing ai shelf tag stories
Schism in the Catholic Church, merger in the Midwest grocery business.... July is off to quite the start, and it's barely even 8am...
"going dahn to kroger to get my islays chipped chopped ham" just doesn't have the same ring to it.
bad time to announce it but i am also buying giant eagle
If they don’t keep Giant Eagle/Market District as a separate up-market brand, I’d imagine a lot of stores are going to close because they’re pretty close to each other, which will mean a lot of jobs lost
Other interesting thing is that although Giant Eagle stores in PIT/CLE are unionized, their Columbus ones aren’t, while Kroger is.
I am a little worried about this because as far as grocery stores go, Giant Eagle's unionized and they've been good about hiring folks with special needs and treating them pretty well, at least here (my friend's younger brother's been at one since his teens and he's in his thirties now).
Yeah, seems like a wild scene in Columbus.
Hilliard will lose at least one. Dublin. Clintonville. My tiny sphere.
I was wondering about Market District.