Kroger is discussing a possible merger with Target, according to a Fast Company report, citing unnamed sources.
The two companies have been in talks since last summer as Minneapolis-based Target looks to boost its grocery business and Cincinnati's Kroger seeks to ramp up e-commerce efforts, according to the publication. Talks have continued since the fall, but neither side is sure a merger is the best plan.
On the flip side: https://www.reuters.com/article/us-kroger-m-a-target/no-truth-in-report-of-possible-target-kroger-merger-source-idUSKBN1GZ1T6
There is no truth to a report of merger talks between retailers Target Corp (TGT.N) and Kroger Co (KR.N), a source familiar with the matter told Reuters on Friday.
Submitted March 25, 2018 at 12:53AM by COMPUTER1313 https://ift.tt/2Gqmur4
