Could it be true? We have yet to hear any confirmation on this rumor. We LOVE Kroger and we love Target, but what do you think of them two joining forces?
This wouldn't be the first of grocery store mergers. Take, for example, Amazon’s acquisition of Whole Foods, which made two dominating companies even bigger. Now, we may see another merger on our hands: Target and Kroger may combine forces.
According to a report, Target and Kroger have been talking about a potential merger or partnership, a move that could boost Target’s grocery sales while also enticing Kroger’s customers into its merchandise aisles and onto its website.
A Target-Kroger business would be a big one and not just for their customers. The brand’s combined annual revenue last year was $195 billion.