Burt Flickinger, managing director of Strategic Resource Group (and an MNB fave), was featured in a video on Yahoo Finance over the weekend in which he addressed Walmart's strong Q2 results (reported last week) and why this is a strong enough rationale for Kroger's proposed $24.6 billion acquisition of Albertsons.
- KC's View:
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Note that Burt Flickinger - probably as respected an analyst as there is in the supermarket industry - volunteers to testify at the federal and state levels about why the Kroger-Albertsons deal is net positive both for the traditional supermarket industry and for consumers.
I think he may get that opportunity. (I'd love to see a conversation between him and FTC chair Lina Khan.)
