Albertsons executives laid out plans to cut about $1.5 billion in costs over the next three years, speaking on the grocery store operator's first earnings call in more than two years. Last month a [fe ...
Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing each other ...
Kroger breached its merger agreement with Albertsons when it failed to put together a divestiture package that appeased regulators, Albertsons alleges in a newly unsealed lawsuit. The nation’s ...
The grocery industry is reeling this week from the collapse of the proposed $25 billion merger of the nation’s second- and third- largest supermarkets, Kroger and Albertsons, and the fallout is ...
Two federal court rulings this week blocked the proposed Kroger-Albertsons $25 billion supermarket megamerger, meaning the chains will continue to operate separately. Meanwhile, Albertsons has ...
Kroger has its merits as well, and is also undervalued and in a much better financial position on the balance sheet than Albertsons. This article will evaluate the two companies and determine ...
Shelby Tauber / Bloomberg / Getty Images Kroger shares rose Thursday morning after the retailer said it is abandoning the Albertsons merger and restarting stock buybacks. The grocery chain said ...
The largest proposed merger in the history of American supermarkets came to an abrupt end this week after Albertsons terminated its $25 billion merger agreement with Kroger one day after a federal ...
The merger between grocery store giants Kroger and Albertsons was halted by Judge Adrienne Nelson of the U.S. District Court for the District of Oregon on Tuesday. Albertsons promptly sued Kroger ...
Lawyers for Albertsons and Kroger will likely meet in the courtroom again — but unlike the recent federal trial in Oregon, they’ll be on opposing sides. The day after judges in Oregon and ...
Albertsons on Wednesday called off its $24.6 billion merger with Kroger, a day after a judge temporarily blocked the union, and sued the rival grocery chain for breach of contract. "Given the ...