Tennessee Appalachians
Food Banks Say Kroger-Albertson’s Merger Could Increase Demand
Food Banks Say Kroger-Albertson’s Merger Could Increase Demand Kentucky food banks say the proposed merger of Kroger and Albertsons, currently under review by the Federal Trade Commission, could trigger an increased demand for services at a time when inflation, gas prices and the end of pandemic-era supports are squeezing household budgets.
Vincent James, president and CEO of the Dare to Care Food Bank in Louisville, said a merged Kroger and Albertsons, along with Walmart, the nation's largest grocer, could force more farmers out of the market and raise consumer prices, which send more folks to their local food bank.
"All of these things have created this sort of perfect storm for folks that were caught in the middle," James explained. "...(Read More)