Kroger Executive Admits to Price Hikes During Antitrust Trial

Kroger

Kroger’s Admission: Prices Above Inflation Rates A top Kroger executive admitted that the company had raised prices on certain items beyond inflation rates. Andy Groff, Kroger’s Senior Director for Pricing, testified during an antitrust trial before a Federal Trade Commission (FTC) attorney that prices for eggs and milk were increased above what inflation would necessitate. […]