Target, Kroger

Rumor Mill: Target and Kroger Talk Merger

By Food Safety Tech Staff
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Target, Kroger

Amazon’s acquisition of Whole Foods is pushing retailers to rethink their strategies.

Rumor has it that Target and Kroger are talking about a merger. Citing unnamed sources, an article by Fast Company reports that the companies started discussing the prospect last summer, as the deal would be a boost to Target’s grocery business, while Kroger would reap the benefits of more merchandise and e-commerce.

However, CNBC is reporting that the two companies are not in talks to merge but rather are discussing Target’s acquisition of Shipt, a same-day delivery company, which occurred in December.

Fake news

Find the fake news: This article is part of the Food Safety Tech April Fool’s edition. To find out which stories are fake and which are real, log onto our site on Monday afternoon (April 2) and click on each story for the update.You can also sound off in the comments section.

Think this is the fake news? Wrong! Here’s our April Fool’s story.

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