Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than ...
What’s next for Kroger following its failed bid to buy Albertsons? Will the divorce affect Rodney McMullen’s future? Will the ...
Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's ...
Albertsons Cos. Inc.’s stock rose 3.6% early Wednesday, after the grocery chain beat profit estimates for its fiscal third ...
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
The FTC successfully argued that the merger would raise prices by eliminating competition and weaken union bargaining power. Kroger and Albertsons countered that they needed to merge to compete ...
The grocery store operators had said they’d be able to cut prices by combining, but regulators and courts disagreed. Now they ...
Antitrust experts say a few core issues prompted the judges to say no the merger, ultimately dooming the deal.
Albertsons, which has sued Kroger after the grocer terminated their $25 billion deal, now expects annual 2024 identical sales ...
A federal judge in Oregon blocked Kroger’s $24.6 billion acquisition of grocery rival Albertsons on Tuesday, marking the possible end of what would have been the largest supermarket merger in U ...
Meanwhile, Albertsons has sued Kroger, alleging the company held back on information that could have bolstered the argument for a merger. With the weekly grocery ads released Wednesday ...
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges ...