The Top 10 Largest Food and Beverage Companies in the USA

‘Serious concerns’: These senators are pushing back on the $25 billion Kroger-Albertsons merger | USA TODAY

Top 10 food and beverage companies in the USA: Kroger, Safeway, Wal-Mart, Target, Kroger’s Food and Drug Division, Albertsons, Fred Meyer, Price Chopper and Walmart, among others.

The top 10 largest food and beverage companies in the USA with their headquarters: Kroger, Safeway, Wal-Mart, Target, Kroger’s Food and Drug Division, Albertsons, Fred Meyer, Price Chopper and Walmart.

Food and beverage companies pay tens of millions of dollars to shareholders for equity compensation and restricted stock in a variety of ways — a practice that is known as “equity accounting.” In recent years, numerous public complaints have been lodged against the practice and a growing number of those complaints have been filed with the Securities and Exchange Commission, which makes its decisions on public interest policy according to the public interest standard of SEC v. Chenery Corp., 332 U.S. 194 (1947) and the Commission’s “prospectus” rules. The Commission has been actively engaged in this area since 2003.

In March, in a public interest decision, the SEC approved the merger of Kroger’s parent, Albertsons Companies, with the parent companies of Safeway and Walmart. The merger would combine the fourth- and fifth-largest retailers in the country, with combined revenues of $112 billion. The combined entity would have more than 90,000 stores and $48 billion in annual revenues, making it one of the largest integrated retailers in the country.

The merger’s opponents argue it would unfairly benefit shareholders who own shares of Kroger, which is the largest U.S. grocery store by average revenue per store, while leaving Kroger and other competitors without access to Albertsons’ massive sales network. Critics say the merger will create a monopoly: a system of competitive retail that will benefit its largest and most powerful stakeholders at the expense of smaller competitors.

The SEC’s public interest decision is just the latest in a series of major policy decisions taken by the Commission in recent

Leave a Comment