Shares of grocery retailer Albertsons (ACI) rose Wednesday morning after the company reported better third-quarter earnings ...
Two years, a failed merger and a lawsuit later, what's next for Cincinnati-based grocery giant Kroger after its Albertsons deal goes kaput? Kroger Co. unveiled plans to transform the company ...
The grocery store operators had said they’d be able to cut prices by combining, but regulators and courts disagreed. Now they ...
Atlanta, Georgia, Kroger. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) A Federal Judge and a King County Judge in Washington state have blocked the $25 billion merger of ...
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach ...
NEITHER KROGER NOR ALBERTSONS HAVE COMMENTED ON THE RULING YET. Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain ...
Two federal judges in Oregon and Washington blocked the merger ... after the failed deal, the Boise, Idaho-based retailer also announced it had taken legal action against Kroger. The Albertsons ...
Albertsons said Wednesday that it is terminating its $25 billion merger agreement with ... grocery prices up even higher after a period of elevated inflation. Kroger and Albertsons own dozens ...
On Wednesday, Albertsons blamed Kroger for not trying harder to appease wary regulators and therefore breaching its merger agreement to act in good faith. It also wanted the $600 million "break ...
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 ...
US grocer Albertsons lowered the upper end of its annual sales forecast after missing third-quarter revenue expectations.