Retail View: Could Kroger acquisition signal new cycle of mergers?
Retail View: Could Kroger acquisition signal new cycle of mergers?
The Kroger Co. announced July 9 that it has agreed to acquire Harris Teeter Supermarkets for about $2.5 billion, which has led some to speculate that a round of supermarket acquisitions may be in the offing.
Retail mergers seem to be cyclical, and in the past, one merger often seemed to beget another.