Eye on Retail: Kroger reportedly considering extending Visa ban
The Kroger Co. is at odds with Visa over swipe fees.
The supermarket giant will no longer accept Visa credit cards at 26 stores and gas stations that operate under its Foods Co. banner, reported Barrons.com, which cited a report by Bloomberg. The report said that Kroger is considering expanding the ban to other stores.
Chris Hjelm, Kroger’s chief information officer, told Bloomberg that that card fees are “out of alignment” and “we don’t believe we have a choice but to use whatever mechanism possible to get it back in alignment.”
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