The appointment comes two months after Kroger’s $25 billion merger with Albertsons was blocked by an Oregon District Court ...
Kroger is cutting about 200 employees across three office sites, and Albertsons is laying off more than 150 Safeway corporate ...
The Kroger-Albertsons merger is kaput. Now what? From the Cincinnati Business Courier. Kroger Co. unveiled plans to transform the company, and maybe the grocery industry, on Oct. 14, 2022.
The courtroom clash between these supermarket giants is set to be a defining case in the industry, testing the limits of merger agreements and regulatory intervention. As both sides prepare for a ...
The planned merger between the two chains was halted by a pair of judges in December. Albertsons then announced that it was terminating the deal and suing Kroger for billions of dollars ...
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 ...
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 ...
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.
BOISE — Albertsons will be laying off a portion of its corporate workforce after a merger between the Boise-based grocery chain and Kroger fell through following legal challenges. “While we do ...
It raised its dividend for the first time since 2021. Is Albertsons stock a buy after failed merger with Kroger? The mega deal with grocery store chain Kroger fell apart in December. Since its ...