Kroger Spends $2 Billion on Stock Buyback While Workers Go Hungry
Kroger has approved an additional $2 billion in stock buybacks to enrich its already wealthy shareholders.
Photo courtesy of Kipp Teague
That's in addition to the $7.5 billion in stock buybacks after the failed Kroger-Albertsons merger attempt.
An extra $10 billion has gone to shareholders since December 2024, while workers nationwide have reported food and housing insecurity on Kroger wages. Kroger workers can barely afford to shop where they work, while those at the top get richer and richer.
Only strong unions can defeat this level of corporate greed.