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’s $25 billion proposed takeover of rival Albertsons ultimately failed because two judges – one federal and the other from the state of Washington – didn’t buy the competitive vision ...

Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...

Albertsons Companies Inc. ($ACI) is suing grocery store operator Kroger ($KR) after their $25 billion merger was terminated by the former, after having hit a ...

Albertson's and Kroger will now face each other in court, following the failed merger between the two grocery chains. Albertson's has terminated its planned sale to Kroger, after a federal court ...

Albertsons sued Kroger after a US judge blocked the merger of the supermarket giants, claiming Kroger failed to exercise “best efforts” and take “any and all actions” to secure regulatory ...

Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal. The merger, announced in 2022, sought to combine the fifth and tenth ...

CHICAGO -- 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 ...

Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...