Yeah... well, kinda. Not so much a merger, but an outright acquisition. My store manager a couple of weeks back said that Target was the next big potential acquisition for Kroger. How accurate this is is anyone's guess... but it does sorta make sense to me since Target sells electronics, furniture plus home decor (something my Marketplace stopped carrying years ago), etc... so taking over Target might better position Kroger to more directly compete with Walmart and Amazon... you know, beyond groceries and OTC products and stuff like that.
Target would be buying Kroger, Kroger always calls it mergers as it sounds like a combination of equals. But other the back office functions there wouldn't be a lot of cost savings, It would be interesting to see a Kroger/Target combination store... but (SuperTarget) does exist.
Target would be buying Kroger, Kroger always calls it mergers as it sounds like a combination of equals. But other the back office functions there wouldn't be a lot of cost savings, It would be interesting to see a Kroger/Target combination store... but (SuperTarget) does exist.
Division level positions I would stay the same, the only real overlap would be Corporate level Non-Foods positions, along HR, Finance, Marketing...etc.
If one tried to buy one or the other the Federal grovernment will stop it saying that it is a manopoly. Kroger is in 34 states and is the larges grocery retailer in the us based on number of stores and adding target will make it too big for its own pants.
5star your comment is actually incorrect, the Federal Government can only stop like organizations from combining that would hinder competition. If your statement was correct, Amazon would not have been able to buy Whole Foods. Target and Kroger are completely different organization with different product mixes, while combining both companies would offer the same products as Amazon, it would be a costly risk. If anything, an online joint venture with Targets Non-Foods Product Mix and Kroger's Grocery Product Mix and Shipt delivery would provide a HUGE opportunity to go after Amazon. Fighting Amazon you have to go after its products and online sales channel, but the biggest draw back is the legacy costs that all retails organizations have.
5star your comment is actually incorrect, the Federal Government can only stop like organizations from combining that would hinder competition. If your statement was correct, Amazon would not have been able to buy Whole Foods. Target and Kroger are completely different organization with different product mixes, while combining both companies would offer the same products as Amazon, it would be a costly risk. If anything, an online joint venture with Targets Non-Foods Product Mix and Kroger's Grocery Product Mix and Shipt delivery would provide a HUGE opportunity to go after Amazon. Fighting Amazon you have to go after its products and online sales channel, but the biggest draw back is the legacy costs that all retails organizations have.
Correct, and I'd like to add that I think management should have pursued Boxed harder. A wholesale division combined with delivery services would be another way to substantially grow this value business.
A Kroger-Target merger wont work. Both companies have too different of cultures. Target is very centralized, they dont have divisions. Kroger is larger based on sales, revenue, employees, and locations but Target has a larger market capitalization. So either way neither company is strong enough to acquire the other and it be successful. As in Targets stock is worth more than Kroger, but Kroger is about twice the size of Target when you look at revenue, employees, and locations. Kroger cant afford Target because if Targets stock price. To be honest it would be best for Kroger to focus on what we do best, running food and drug stores with some general merchandise thanks to the people at Fred Meyer. A merger would distract the company from being able to take care of our Customers. Also Target is as anti-union as Walmart, how would that work with Kroger being 80-90% Union.
