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.Not really. It fills a geographic void for Kroger but the price tag would be fair and appropriate.
Makes no sense. If Kroger acquired Hy-Vee, the store name and associated brand would stay. No advantage to ruining the brand.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."
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.Makes no sense. If Kroger acquired Hy-Vee, the store name and associated brand would stay. No advantage to ruining the brand.