Cohen wants investigation into Kroger, Schnucks deal - Action News 5 - Memphis, Tennessee

Cohen wants investigation into Kroger, Schnucks deal

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MEMPHIS, TN -

(WMC-TV) - Memphis Congressman Steve Cohen is calling for a federal investigation into the Kroger buyout of Memphis Schnucks locations.

Cohen has sent a letter to the Department of Justice requesting an investigation, saying this deal puts Kroger in a position to take advantage of its market power.

"They are going to control all of the stores within the interstate," said Cohen.  "I don't think Walmart and Sam's Club are competition."

Cohen went on to say it is Schnucks employees now scrambling to secure employment that has him most concerned.

"I'm concerned as a consumer, but I'm more concerned for the employees," said Cohen.

Cohen also said that many people do not feel comfortable shopping with a big box retailer like Walmart, Sam's Club or CostCo.  He said in the end, he feels they will have no choice but to shop with Kroger.

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