and kroger.erage of standard m&a and recent roadblocks to what is going on with the nearly 25 billion-dollar acquisitions of the grocery chain albertsons. we have been talking a lot about that. let's get the latest. very important factor. what are winners and which are done? >> i have the answers. i have done the homework and i will give you my take. of course all of your calls rapidfire in the lightning round. so stay with kramer! >>> more than 10 months ago, we learned kroger, the powerhouse, sold out $25 billion to acquire albertsons in a deal that could create a. grocer. the federal trade commission has been holding things up. and blocking the deal given the current hostility. kroger is ready to fight them in court. i think they have a strong excuse. not much overlap with albertsons. it has kept them stuck in limbo. the numbers have been strong. i think it is time to get an update on the course of the deal and current state of food inflation, all the more important now that we have clear this

i want to know your opinion on kroger.f 210 billion if they merge with albertson's. i think it would be a great investment. >> i want to give you my view. i think as much as kroger has expressed and plans make sure there is not too much overlap with any trust. i do not think this is going to pass. all that said, kroger is a good company. you don't need it to buy it. it's a great deal. i'm telling you that the work i do tells me they will not be able to close on that deal. please don't panic if you see some of your magnificent seven stocks rolling over this friday after the nasdaq rebalancing. it's to be expected. if you want to get ahead of that i get it. if you want to do some buys i would wait until the middle of next week much more ahead. could generative ai be more than a buzzword for a company like s&p? i'm checking in with the ceo after earnings and it looks like we're having one of the post earnings we occasionally get into terrific companies. tesla and netflix. should you be worried? i'll tell you why coming out. t

a kroger in nashville is making the same change next, a surprise at baggage claim.n philadelphia were shocked to see a raccoon on the carousel instead of their luggage. >> apparently, raccoons sometimes wander in from the surround ring fields. and here's something that is unusual for three whales breaching at the same time off cape cod. experts say simultaneous breaching does happen, but three at once. yeah, that's pretty rare. i think they were just putting on a show. >> just incredible video there. >> just incredible video there. top i used to wait to run my dishwasher 'til it was super full. now, i dish differently. i run it daily. weekdays... weekends... sometimes after a big snack. you might think that's wasteful, but it's not. 'cause even half loads use 80% less water than handwashing. saving up to $130 a year on utilities. and with cascade platinum plus, you just... scrape. load. done. so next time you're waiting to run it, just run it. dare to dish differently. pure leaf is crafted in a variety of flavors that will make you say ahhh. enjoy juicy peach, zesty

meeting expectations am second kroger nearby will be the next to go full self-checkout. >> in efficientkout. >> no. it might be just me. >> you're not alone. >> i can never get it right. it takes me double the time because there's something always in the baggage area. the people who check you out are much more efficient and there's no one to help me. i'm standing by just buying eggs and the lights are flashing and i look like an incompetent person. >> tell us why you're mad, amara. >> you don't like it either. >> i buy things eight at a time. what i don't like is if i'm standing there because the scale didn't pick up the diet barks or whatever i bought. >> b barks? >> never mind. if i can get in and out, i prefer it. >> okay. >> all right. i don't agree with you. prefer it. you can get in and out of se self-checkout? >> i can. >> you can? >> we're going to tease. we're going to break. we'l'll be right back. .....for 40 days. upupgrade to febreze car. my r relationship with my credit cards wasn't good. i got into debt in college, and no matter how much i paid, it followed me everywhere.

i hope this changes the policy, talking about this grocery store, king supers a division of kroger andailers like myself. the statement from the store is we are disappointed by the increased level of crime and the the impacts these incidents have on our associates and customers. we remain committed to working in partnership with local law enforcement to address the issue and it goes and on. they're standing by the fact this they fired him because he engaged them. he went out and followed them and they don't want any such contact. >> kayleigh: these policy resist common. remember, home depot employee trying to intervene in a situation was actually killed. so i understand the rationale but sometimes you have to use common sense. this guy was a hero. >> brian: next thing you know they have to close the store there. so don't have your employees or security do anything, lock up everything so people don't shop there and when they do shop there they steal there and next thing you know they close it up in all these neighborhoods. >> steve: this particular fellow who lost his job did not get se

okay, so when you sat down with your union rep across the table from the people from kroger's, why didbeing fired? >> for that exact reason, for following them outside the store, and tearing the aluminum off the plate. >> steve: so what did you tell them in your own defense? >> i told them i felt i was doing the right thing, and the union had my back on that. and so we're -- there's still works being talked, you know, in the making, so... >> steve: what's the moral to this story, santino? >> honestly always do the right thing, uning the rate. even when nobody's looking, are you going to do the right thing. >> steve: you did what you felt was the right thing and one of those people was finally arrested and they found out whose car it was and stuff like that. >> yes. >> steve: would you do this again? >> yes, most definitely, sir. >> steve: why? >> because of my military background and the way i was raised. >> steve: yeah, yeah. indeed. well, we appreciate you coming on. i know that a relative of yours, because you're now out of workerer standard a gofundme me page and i think it's risin

i'm not the ceo of kroger. i don't know if you know that. >> next life, jim. >> you never know., comes up with various things they should be doing. >> i know. i've been chilled by lina kahn and the incredible article -- >> she quashed your dreams about going into business development. >> i know when you read lennon's "what is to be done," a short book, only 128 pages so much like lina kahn, i almost checked to see if he plagiarized. >> in the early '80s when reagan and his team came in, but the ftc would argue these large, enormous companies we talk about all the time, stifle innovation simply by existing you certainly can't allow them to buy more, you probably should be focused on figuring out ways to get them to become smaller so that capital will flow to companies that conceivably will compete against them right now it may not be. that's the argument. >> when rockefeller had 100% of the oil market, i thought they had a lot of good cases to bring. when you're trying to figure out a gaming company and microsoft, honestly -- >> it's tough. a lot of these things are based on pred

right, we use for, for jed or at a place i'd like to have you in the democratic good if you go to kroger in that region, right, that a lot of you have just put laws in y'all don't have to say that cut board would never be met made or belive you said that did not those relationships i imposing those relationships. i'm not for those of relationships on projects in this real world or that i just my to paula and respecting ever to board. so africa is a rising to that challenge. i do hope that that that relationship will then have to order a new done. i've got mazda then, have them pop up to say, no, and, but i see on the one hand, never called on thursday to put in africa. and therefore it's coming in on a win win situation. i invest fund, i also have how are you a give us goes and that also will money center in the country and that, that doesn't able to manufacture on the table was didn't mind. he said, to invite you to the one that's then happens. you know, i've had to then we can do this, then develop the skills so that they can spend on their own. and in that way, then we go to the relat

is the biggest grocery store chain nationwide, 25% of the market ended last year have costco and krogernd third. piper says walmart is going to to ten pressure. stuart: without be a substantial increase. [laughter] whirlpool obviously household appliance maker, what did they say? >> they are hopeful for recovery and well-positioned to benefit because you by a new home and likely a new appliance to fill out. stock is down four and a half%, appliances cost more money because of inflation so they saw sales despite higher prices all 6% and profits fell 30%. stuart: that will get you every time. biogen, job cuts. >> 1000 but workforce of 9000 so intent of the workforce. they need to save money but don't they have to fully approved alzheimer's drug? we've been talking about it. they have it, it's great. it's not yet profitable for the first half of this year they lost $40 million because of the expenses that go to develop me and commercializing. stuart: that can be. thanks, lauren. an anonymous democrat sounding the alarm of biden's age, calls are coming from both sides of the aisle. the view

is the same market under kroger's in colorado?you tell me you would have caught these people if it were not for santino? >> without santino's video that he gave us and me being able to do a cleaner investigation, it would have been harder to do. his video help the investigation. i was able to put the driver in custody, in jail within 24 hours. we are working on the other two and should have that wrapped up by the end of next week. >> the policy said you are not supposed to chase thieves or intervene in the theft. you did not do either. have you thought about hiring a lawyer? >> there is a lot going on that i am not able to comment on at the moment. >> it is bad enough they fired you, but when the supervisor told you to go out and do and they fire you, that is a problem. thank you for being here and god bless you and thank you for being here and stay safe. coming up, the homeless are about to take their revenge on the city of seattle. tv: try tide power pods with 85% more tide in every pod. who needs that much more tide? (crashing

guy who worked at king supers, division of kroger, he was alerted a bunch of people were stealing a bunch stuff. >> good. look at them stealing. really, bro, you got to resort to this? the economy is not that bad. [indiscernible] >> hold on. better get it while the getting is good. >> merry christmas. >> oh. >> brian: king super, grocery store worker took his phone out and started taping it and got fired filming the shoplifters taking $500 worth of laundry detergent. did good. got the license plate. >> steve: had to take the foil off. >> brian: he got suspended and fired, unbelievable. if you are a security guy and try to stop a shop lifter, you get in trouble. if you tape somebody, you get in trouble. only people not in trouble are criminals. >> kayleigh: another incident at king supers, one lost their job. lululemon, those that person was fired. you shouldn't lose your job for trying to stop a shop lifter. >> brian: this guy is a veteran, too. he said, when i looked, there was guy headed off with the cart full of laundry detergent, my first instinct was record. i would never let any cri

come on. >> how are you kids feeling about kroger versus whirlpool or walmart.s funny when you speak to someone like greg, he's such a straight shooter, that you don't get any that is a ray of sunshine he went over with me and said we did this, but you've got to know, and spent 20 minutes talking about what was wrong most don't do that. >> who wins? who gets market share out of this >> look, obviously, ge should, but again, these are - >> long short-term assets. >> i want to find out what does it do to boeing? maybe boeing is down and shouldn't be >> i have to go. >> thanks for sticking around. >> thanks for letting me in here. >> my kids say come on when they get an answer they don't like. >> great to talk to your kids. >> they're at a fun stage. jim cramer. >> i just love jim cramer. i don't know. >> i bought every one you can. every one is sold out on amazon prime i brought every one of the i freakin' love you camers i bought every one. >> who makes it? >> jim cramer company. >> jim cramer. >> come on >> come on all right. thank you. >>> let's turn to the mac

trader joe's, whole foods, albertson's, kroger, crafts growing as well with hobby lobby.rting goods growing with dick's it's remarkable to see the wellness component continue to expand you have fitness, medical. it's a nice way the shopping center continues to evolve it's all about convenience and more retailers, as well as medical users, want to be closer to where people live >> that's very interesting that's an interesting point you make about the medical users you see many, many more of these -- in medicine or urgent care centers popping up in shopping centers like yours. let's talk about higher interest rates and how if at all they have affected you. i note that you have very little, maybe even no debt coming due for the remainder of 2023, which i guess is good news that means you don't have to roll anything over into higher rate loans so how is it affecting you, how are those rates affecting you if at all, and your kus pers? -- customers >> we're fortunate where we are at the lowest leverage the company has ever had, which is wonderful. that being said, next year we'

jeanine: i guess it all comes down to the policy -- and this is apparently, this market is part of kroger'sthey do not chase thieves or intervene in a theft. i think you should sue for his job -- and by the way, i am hosting jesse tonight and we are going to have this guy who is fired on the show tonight, and the truth is that he did the business community a favor, he did the law enforcement community a favor. he had the right, in fact, under the law in colorado to make a citizen's arrest, so he could have done all of that purely doesn't seem he contravenes the policy. i mean, they are punishing him. we are living in an upside down world where if you work for lululemon, i mean, they end up firing you, if you even say something to people taking things. you are supposed to let them leave. to what end? it makes no sense. i think that this guy not only has a job -- by the way, these people can be prosecuted, a misdemeanor, 120 days in jail and $500 fine. >> katie: greg, it seems like they should have stolen more. >> greg: yes, i am actually having the looters on my show tonight. you know it is

first of all, our retailers today are the largest retailers in the world walmart is our top ten, krogerst buy, lowe's, home depot, auto zone, so the biggest and strongest retailers in the world that frankly are benefiting from the trade down effect with the consumer so we are well positioned, almost 100% occupied today we collected all our rent during covid and most of those retailers thrived. >> why did they thrive the story in the pandemic is everyone would order from amazon but you are saying traditional drive up, go in the store retailers were thriving. >> they were thriving because they had made the investments to fulfill orders online during the depths of the pandemic or in the store. so best buy had all of their stores closed during the pandemic but filled 90% of orders so today with retailers, they are able to fulfill, no matter whether we are in a pandemic or in a traditional economy >> how should we think about real estate when we think about commercial office real estate and retail there seems to be a huge delta there. >> which is underappreciated, generally by the market. we

be clear, you've never met red before, you just happened to be at that grocery store. >> i was at krogerother since that day, that fateful moment >> hey >> hey >> oh, thank you so much >> no problem. >> sit down. red, will you tell us, when you walked up on that table and say you saw a guy with not a great look on his face, not feeling the best, tell us about that >> well, my brother sent me to go get ice cream, i was supposed to be at a birthday party, i was beelining it straight for the frozen foods section and i saw sean and something just registered with me i feel like i have a lot of passion for other people i'm a big people person, so when i saw him and he didn't have a smile on his face, it just made me want to change it that's all i did i was like, hey, can i make a video of you, and it took off. honestly, i did such a small part it really came down to the people the people decided and it took off. >> it really took off. and sean, i just want to point out, since you are best-selling author, people are giving this book great reviews, as well. so they're buying it -- they're not bu

you see the same thing with a name like kroger.of these more defensive names have done really well over the last couple weeks. you don't want to take out all your exposure, but take a little bit off. the stock is up over 4 1/2% in the last week. you can trim with that we know everyone is in with the travel trade. we see a lot of positive movement in that sector. hilton is another name we've been trimming. it is up almost 10% in the last month, taking a little bit of money off the table. then you have some arrows in your quiver to use for other parts of the market that you want to add to. charles: you mentioned some areas that have become popular, right? they became the popular trade like travel, hotels, things like that. do you pay attention -- i was talking to liz ann sonders about sentiment, year-end targets maybe it is good for bragging rights, things like that but how important is the behavioral part of this you see the bandwagon fills up and everyone loves a certain sector or stock? >> right. liz ann hit the nail on the head i

i think kroger said a.i. eight times. >> they did. charles: i've got 30 seconds.you know, i like the airlines have been coming out, they're, you know, every ceo that goes on tv -- minus the disaster that we're seeing in the airports, they're talking about increased outlook for their growth market, higher expectations, and some of the cruise lines, look at carnival and things like that. is so a basket of travel stocks, think, is a great place for a short-term roi. charles: great stuff, sylvia. >> thank you. charles: folks, coming up, freedom of speech is you should siege in america by the folks we send to d.c. to protect them. my takeaway right after this. ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ providing for your family is a top priority. but what happens when you need affordable health care? christian health care ministries could save you up to 40% today. as a member, you can choose your provider without network restrictions. sig

kroger's michael thomas live in the newsroom with the breakdown on that.morning, mike. >> hi, good morning, everyone. that's right. you know, in today's hearing, if the judge does decide that that law was broken, those 4 men accused of a series of gang-related shootings and murder could essentially be off the hook. now the law that the judge is looking into today prohibits the state from pursuing or securing criminal convictions or sentences on the basis of race, ethnicity or national origin. and almost half the department is involved in this text messaging scandal, including 16 superiors, but the city of antioch says 5 of those officers subpoenaed actually won't be there today because they're on medical leave. now, these alleged racist and homophobic messages detail the department targeting the black community along with racially implied name calling with alleged threats against antioch mayor lamar thorpe, who is black and racial comments made about any police chief steven green who just announced his retirement yesterday after joining the team just last

. >> kroger's michael thomas is in santa rosa and has the details. >> this is definitely a new and unique approach for the sideshow situation in the santa rosa police chief tells me they're doing everything they can to keep side shows off the streets and now the city is getting involved, connecting the dots through social media, making sure everyone involved in creating the sideshows are held accountable. >> 13 males are being sued by the city of santa rosa under the california fish and game code claiming the men polluted waterways with tire crumbs from reckless driving at sideshows, which are known to be informal street car shows santa rosa police chief john cregan says it's an issue that he's been tackling for over a year is finally seeing results. >> but we're continuing to do everything we can. another innovative tool that we just come up with is partnered with our santa rosa city attorney's office the group allegedly organized participated in promoted these shows in the tire crumbs allegedly ended up in storm drains and polluted colgan in roseland creeks, which the city says is prohi

grocery stores like kroger. you seem prices come down a little bit. people are buying groceries so kroger is a good name. general mills. you can see these hit in the staple sector. i think you can go in and pick these names up and give a buffer to your portfolio because it will be choppy. we are not taking a recession out of the cards, one hundred percent. >> where do bonds fit into this, especially's as we were just talking to amanda from black rock who is saying we will see a default cycle, even if it is a recession. >> we have seen investment grade names, and not just a default going higher, but the leverage component going higher. some of those names -- you want to be careful to watch that. we have been in high yield, but i think you are playing a little too risky if you do that with the thought that it is still among the recessions later in the air, but wrist -- credit has a place in your portfolio. you lock in the yield right now. there is a shorter part of the curve coming down with expectations of the terminal rate dropping about 25 basis poin

luke wrote to walmart, safeway, kroger, and health mart. mark. all but costco responded. basically all of them punted. and said it's a very complicated legal framework. it's a complicated situation right now. it is not complicated and states where abortion is permitted. there is nothing complicated about the basic and obvious right and access for people to get medication abortion. and yet they still have not begun the certification process in any of those states where it is legal. i'm sorry. i know you are one of the lawyers up here who is fighting this. the thing to me that jumps out about it and why i think this avenue is so important is not just because we need to increase access to medication abortion. but because of the preemption clause. federal law preempts state law. it allows her medication abortion and federal law allows for telehealth across state lines that is an avenue for women and states have banned abortion to get access to it. depending upon the draconian measures that are taken in the states. i am curious what your take is on that argument? >> i feel lik

only people who can stop procter are costco and walmart last night, i talked about -- >> the ceo of krogering to buy albertson's. that has gotten a lot of opposition, as you might imagine. that one, i get a lot fewer people questioning the ftc's judgment >> right because you know, the law of our country is that -- is the p&b bank standard, which is when p&b bank tried to buy number one and two in philadelphia, this is according to jonathan kanter, who's really rigorous, this company is combining the number four and number five, so theoretically, they should be blessed, but lina khan is so anti-merger that even though it's created a hundred thousand union jobs in the last dozen years, it might be blocked but they need to do it just to keep up with costco and walmart and amazon, although amazon -- >> i mean, i know he's positive on the prospects for the deal, but he seems to be alone in that, jim. >> yes >> okay. you agree. >> yes i happen to like him very much because i think if they walk away from the deal, the stock goes up, or if they get the deal, the stock goes up. i think that's not b

white supremacist harm testimony activities in public whether in charlotteville or the shooting athe krogersill pasto. he doesn't care about country but just the outcome. and is that personal. >> and so i'm thinking what is the opportunity on a potential trial to these charges? >> i think one of the core commonalties is that they were a forum for grievance and anger that people felt. the traditional things that many people rely. and that is why the justice system working, having the systems actually function helps restore confidence and is the antidote to cynicism. i think that the fundamental divide in this country is between people that do and don't believe in the system. and all the different fan mess manifestation of the system. you need to have the system work. so to me the account ability helps restore confidence in the system. and repair the breach that we see manifested in so many different ways in the country. >> derrick, thank you for being a part of the conversation. >>> up next, republicans are not just out there defending trump today. they are seeking to rewrite history as a tru

and software interchangeably you had krogers mention it how many times, marvell, yes, some f of theme in demand, especially for the gpus but how much are we seeing within the stocks within this six month period. >> thank you >>> with the nasdaq up, almost half a percent and nvidia helping a little bit, not much else, a little bit there you can see the markets -- we'll take a quick break here on "squawk on the street. we have another big hour coming your way don't go anywhere. i did have hearing aids from another company... i was just frustrated... i almost gave up. with miracle ear it's all about service. they're personable... they're friendly. i'm very happy with them. we provide you with a free lifetime of aftercare. meaning free checkups, cleanings, and adjustments. i see someone new... someone happy... it's really made a difference. call miracle ear at 1-800-miracle and schedule your free, no obligation hearing evaluation today. >>> good monday morning i'm carl quintanilla with sara eisen live at post nine of the new york stock exchange setting the agenda today, a vacation on dov

. >> i have respect. 30 years >> what do you got today >> kroger, they're in the cross hairs of the ftcre's a challenge from the clubs, walmart and costco putting tremendous price disagreement between them. and then brian niccol, chipotle, he's crushing it i find him to be so knowledgeable. jack hartung so smart and incredible >> good job today. >> it's a tie. it's worth the price of your apartment. get your hands off it. >> we're back right after this this is ge aerospace, advancing flight for future generations. ♪ welcome to a new era of flight. >>> rick santelli live with breaking news. our june read on new home sales. we're expecting a number a bit over 700,000 not meant to be 697,000 seasonally adjusted units. we had three in a row. this is a lower level. we had seven of eight higher, this is not eight of nine. so we retrenched just a bit but keep in mind 697,000 still pretty good number considering last month which hasn't been revised yet, 763 was the best since february of last year and up over 12%. so not a big reversal here we see yields have moved a smidge lower and for a deep

if you don't like the prices at publix shop at kroger. inflation that joe biden had said was "transitory" was significant. people got wage increases. inflation wiped away the value of that. inflation has begun to come down. prices are not going up as fast as they work, so the question for republican -- they were, so the question for republicans is can they run on that in 2024? the number one word people talk of when it comes to economic challenges is an opportunity, its affordability. they cannot afford the thing to live. that will be a challenge for the biden administration to address in the months ahead. , by the way, this is the best callers. they may be mad at me, and they may not -- and i may not be saying to them what they want to hear, but as far as knowing what is happening, these are the best callers i have had in a while. host: another great color, charlston -- caller, charlston, south carolina, republican line. caller: frank, who did you predict was going to win the 20 16 election? guest: hillary clinton based on the exit polli

if you don't like the prices at publix shop at kroger.nflation that joe biden had said was "transitory" was significant. people got wage increases. inflation wiped away the value of that. inflation has begun to come down. prices are not going up as fast as they work, so the question for republican -- they were, so the question for republicans is can they run on that in 2024? the number one word people talk of when it comes to economic challenges is an opportunity, its affordability. they cannot afford the thing to live. that will be a challenge for the biden administration to address in the months ahead. , by the way, this is the best callers. they may be mad at me, and they may not -- and i may not be saying to them what they want to hear, but as far as knowing what is happening, these are the best callers i have had in a while. host: another great color, charlston -- caller, charlston, south carolina, republican line. caller: frank, who did you predict was going to win the 20 16 election? guest: hillary clinton based on the exit polling

equipment manufacturers continue to refuse of software tools to make repairs and make a merger between kroger and albertsons is expected to drive consolidation among processors, wholesalers and distributors. we must create fair and more competitive markets to drive innovation, increase choice and decrease input costs and boost prices for crops and livestock. if you believe the family farmers and ranchers should be allowed to do what we do best to produce food, feed, fiber and fuel. regulations when needed should be science-based, size and risk appropriated clear and only implemented through thorough feedback. unfortunately this does not always happen. for example confusing regulation in court decisions regarding the definition of water of the u.s. have made it difficult to comply with the clean water act. clean, safe water is essential natural resource that we work hard to protect. regulators should not make it so difficult for farmers to accomplish this. interview is concerned by a potential change by the long-standing policy of the labeled enough products. the change based on the position t