TGI Fridays bankruptcy:Concerns about nearly $50 million in unused gift cards The judges didn’t buy that C&S Wholesale was ready for the big-time Also fatal was Kroger’s and Albertsons ...
In an unsealed complaint, Albertsons claims that Kroger’s hubris and reluctance to divest of stores sank their merger; Kroger ...
The grocery store operators had said they’d be able to cut prices by combining, but regulators and courts disagreed. Now they ...
and argued that their plan to sell 579 of their stores to C&S Wholesale Grocers for $2.9 billion would not be enough to preserve competition. FTC Chair Lina Khan argued the major grocery merger ...
The impact on prices, and the American consumer, was a key point in the FTC's arguments against the merger of Kroger and ...
Kroger and Albertsons could turn to fast-growing and profitable advertising ventures to tackle competition and grow after a failed $25 billion merger between the two supermarket rivals, analysts said.
Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.