NEW YORK (Reuters) -The Federal Trade Commission's bid to block grocer Kroger's $25 billion acquisition of Albertsons could benefit Walmart, a rival whose close relationships with suppliers already gives it a price advantage over other chains, investors, consultants and analysts said. Overall Walmart had a 24% share of the U.S. grocery market in 2022, according to CFRA Research. Walmart intends to focus on keeping its grocery prices as low as possible, a move that its executives said on an earnings call helps Walmart continue to draw shoppers into its 4,700 U.S. stores.
The Federal Trade
Commission s bid to block grocer Kroger s $25 billion
acquisition of Albertsons could benefit Walmart, a rival whose
close relationships with suppliers already gives it a.
By Siddharth Cavale and Jessica DiNapoli NEW YORK (Reuters) - The Federal Trade Commission's bid to block grocer Kroger's $25 billion acquisition of Albertsons could benefit Walmart, a rival whose close relationships with suppliers already gives it.