Albertsons focuses on strategy after failed Kroger merger
1 day ago · For the quarter ending Nov. 30, 2024, Albertsons reported revenue of $18.77 billion, up 1.2% year over year, driven by a 2% increase in identical sales.
Albertsons calls off merger and sues Kroger
Dec 11, 2024 · Grocery chain Albertsons called off its $25 billion blockbuster merger with Kroger Wednesday after a federal judge halted the deal.
Federal judge blocks Kroger’s $25 billion mega-merger with …
Dec 11, 2024 · A federal judge in Oregon blocked Kroger’s proposed $25 billion tie-up with Albertsons, ruling that the largest merger in US supermarket history would limit competition and harm consumers. The...
Kroger Food Recalls Issued for 12 States: Full List of Products ...
2 days ago · Retail grocer Kroger currently has several food recalls in place, affecting supermarkets in 12 states. Newsweek contacted Kroger for more information on the recall via email. Why It Matters
Kroger and Albertsons grocery megamerger blocked by courts
Dec 10, 2024 · Kroger and Albertsons saw their $24.6 billion merger blocked on Tuesday by judges in two separate cases, one brought by federal regulators and the other by the Washington state attorney general.
Albertsons Backs Out of Merger Deal and Sues Kroger After Court …
Dec 11, 2024 · But consolidating Kroger and Albertsons would reduce head-to-head competition in over 1,000 communities, resulting in higher prices and lower quality, the F.T.C. argued in its post-hearing brief.
When will a judge rule in the Kroger Albertsons merger?
Oct 29, 2024 · Three judges in three different states are now deliberating the fate of Kroger ’s proposed $25 billion takeover of rival Albertsons. Last week, two antitrust cases each seeking to kill the merger...
Albertsons ends merger with Kroger, suing 'for billions' - USA …
Dec 11, 2024 · 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...
Newsroom – The Kroger Co.
Kroger Stories Partnering with TerraCycle Taking Zero Waste to the next level, we’re the first to offer an Our Brands recycling program supported by TerraCycle.
The Kroger Albertsons merger hearing has ended. What happens …
Attorneys for Kroger and Albertsons insisted the deal would boost competition by strengthening both companies as a unified company, repeated company promises to lower grocery prices by $1 billion...