Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than ...
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 proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges ...
The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...
Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new ...
Kroger’s stock price was up 5.1 percent by market close, while Albertsons ... said Tuesday’s decisions can only bolster its case against the merger. Kroger and Albertsons said in statements ...
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 ...
Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.
The FTC successfully argued that the merger would raise prices by eliminating competition and weaken union bargaining power. Kroger and Albertsons ... two companies spent close to $1 billion ...
Albertsons warned Nelson that it might have to lay off workers, close stores and even exit some markets if the merger weren't allowed to proceed.Under the merger agreement, Kroger and Albertsons ...