Seven states and the District of Columbia have adopted the most expansive laws legalizing marijuana for recreational use. Most recently, California, Massachusetts, Maine and Nevada all passed measures in November legalizing recreational marijuana.
It also would be Kroger's biggest takeover since 1998, when it bought the Fred Meyer food and merchandise store chain in the Northwest for more than $12 billion, according to financial data service Bloomberg.
History of Kroger. In 1883, Barney Kroger invested his life savings of $372 to open a grocery store at 66 Pearl Street in downtown Cincinnati. The son of a merchant, he ran his business with a simple motto: âBe particular. Never sell anything you would not want yourself.â.any aspects of the companyâs business today trace their roots to Mr. Krogerâs early efforts to serve his customers. Consider two specialty departments that today are regular fixtures in the companyâs supermarkets â bakeries and meat and seafood shops.