Kroger-Albertsons’ $24.6B merger collapses after regulatory hurdles, reshaping the grocery giant’s strategy amid rising ...
Albertsons has filed a lawsuit against its rival Kroger following a failed multibillion dollar deal that would have marked the biggest supermarket merger in U.S. history. Two federal judges in Oregon ...
Both Kroger and Albertsons have asked a California court to keep certain expert testimony about their failed merger sealed in a separate antitrust case. In filings last week with the U.S. District ...
Kroger (NYSE:KR) has appointed Greg Foran, former Walmart U.S. chief, as its new CEO. Foran is being brought in to focus on operational improvements and digital transformation. The leadership change ...
A possible $24.6 billion deal between supermarket rivals, Kroger and Albertsons, has hit another roadblock with the U.S. government, but the CEO has pledged to cut prices by $1 billion on day one to ...
The news of the potential Kroger-Albertson’s merger is drawing pushback from grocery store workers. Unions UFCW 3000, UFCW 367 and Teamsters 38 are strongly opposing an upcoming dividend payment of $4 ...
Kroger replaced CEO Rodney McMullen in March after an investigation into his personal conduct, which followed a failed $24.6 ...
The proposed merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal. U.S. District Court Judge Adrienne Nelson ...