Not really. It fills a geographic void for Kroger but the price tag would be fair and appropriate.
Hy-Vee vs Fareway - Sunday Commercials
- Thread starter mynameisjonas
- Start date
I was talking more about huge for the footprint and infrastructure Kroger would be acquiring. Keep the HyVee name/label, but acquire their footprint, customer base, distribution centers, etc.
Makes sense, get your balance sheets to look really good to drive up the price. And then HyVee takes all the bad press and Kroger can come in and "save the company."
Makes no sense. If Kroger acquired Hy-Vee, the store name and associated brand would stay. No advantage to ruining the brand.
I like their Marianos stores in Chicago.
Acquiring HV would help out warehouse wise for sure.
No but he’s pretty vindictive and loves taking shots at HyVee. If this deal happens, you can bet he’ll put out a commercial with thinly veiled shots at them.
I think the CEO is just terrible at sound bites. The balance-sheet decisions make sense. Wanting to avoid layoffs makes sense. Publicly crapping on your employees? 2 out 3 ain’t bad, I suppose.
Who profits from a sale? Store manages, board, and CEO?
Just a quick glance at numbers and Kroger is roughly 10x bigger than HyVee. All of corporate in Des Moines would be rolled into Kroger's own HQ. If this is actually more than just a rumor you can blame it 100% on all of management's dumb*** ideas over the past 10 years. If they kept doing what they did well instead constantly doing expensive stuff that almost always flopped, they would have been on track to being a major player in the nationwide grocery industry.
Not the only option rumored. Amazon is also whispered.
Shopped at Kroger’s in mid to late ‘80’s when I lived further east. They were not as nice as Hy-Vee of the 1980’s but a better grocery than Hy-Vee is now. Not sure if current Kroger’s has soap bombs, sporting goods, shoes, medical clinics, and Marky Mark or just groceries.
