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Friday, October 14, 2022

The Daily Money: Watch your back, Walmart. Kroger's buying Albertsons.

Retail news dominates again, even after Amazon's Prime Day event. Kroger says it's buying Albertsons, and CVS is cutting prices on period products. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Friday, October 14

HI, it's Medora Lee on this happy Fri-yay to bring you the day's top news.

Retail shopping news again takes the spotlight even though Amazon's second Prime Day sale is over.

Supermarket giant Kroger says it has agreed to buy rival Albertsons in a $24.6 billion deal to create a mega supermarket giant. If the two get regulatory and shareholder approval for the marriage, combined sales would be nearly $210 billion − about $10 billion less than U.S. food sales of the world's largest grocer Walmart. 

In a win for those who menstruate, CVS says it's cutting regular-priced CVS Health brand tampons, menstrual pads, liners and cups by 25% across the nation. Maybe this will help bring prices back down to earth after a tampon shortage earlier this year pushed prices sky-high.

Travel warnings

Peak summer travel season is over, but many people may still want to squeeze in a quick trip this fall while the weather is still mild and peak crowds are gone. Here are some pitfalls you can avoid, so you don't lose a minute of fun.

(Aside from those, it's always best to avoid the plane that has to evacuate due to fumes filling the cabin. Yikes!)

📰 More stories you shouldn't miss 📰 

Keep your eye on a possible rail strike. It could screw up your holiday.  What is the railroad strike of 2022? Why rail workers are striking and what it means for you

Tax deductions can save you money.  Do tax deductions really favor the rich? Check out how you can benefit from these breaks.

Non-pregnant women suffer from abortion laws, too. Post-Roe, non-pregnant people are being denied medications over 'hypothetical' babies

🍔 Today's Menu 🍔 

Boards are in, and they're not just for charcuterie anymore. Here's a gorgeous potato skin board to try this weekend. Forget butter boards: Make this loaded baked potato skin board instead. Here's how

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: How decisions by the Federal Reserve, government and companies impact you.

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