Hy-Vee vs Fareway - Sunday Commercials

JP4CY

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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.
Kroger owns the Bakers in Omaha, correct?
 

brianhos

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Rumor around HyVee corporate and IGIA is that HyVee is being bought out by Kroger

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."
 
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Mads4st8

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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.
 

Pat

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Makes no sense. If Kroger acquired Hy-Vee, the store name and associated brand would stay. No advantage to ruining the brand.
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?
 

CyPhallus

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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.
 
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carvers4math

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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.