For Kroger and Albertsons, the effort to join hands over the past two years has turned into a broken deal and a game of mutual blame overnight. The two firms will become rivals again, walking ...
The company told state officials yesterday that it plans to close ... can't see the video above, click here. The news comes after a federal judge blocked the $25 billion merger of Albertsons and ...
The Kroger-Albertsons merger is kaput. Now what ... chain in a highly competitive environment. Guidi says Kroger can focus on the basics of its own operations. “More important to shareholders ...
In its official statement, the FTC emphasized that the merger would eliminate “fierce competition” between Kroger and Albertsons, which has historically kept prices in check. The agency also raised ...
If we don’t see any significant sales momentum by 2026, then people will be raising some red flags,” one analyst said.
FTC Chair Lina Khan stated that allowing such a merger would have created “a market that is less competitive and more susceptible to price manipulation.” Consumer advocacy groups had also argued that ...
Kroger operates several locations in Indiana, including more than 20 around Indianapolis. The announced job cuts are ...
Kroger is cutting about 200 employees across three office sites, and Albertsons is laying off more than 150 Safeway corporate ...
Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than analysts had expected, while sales fell just short of estimates.
Following the collapse of its planned merger with Kroger, Albertsons Companies is doubling down on its strategy to grow market share and customer loyalty in the increasingly competitive grocery ...
Grocery chain Mariano’s plans to close its Northfield location, shrinking its footprint in the northern suburbs as the chain ...