We think Albertsons is on sufficient financial footing, as the company’s $7.8 billion in long-term debt and finance lease obligations as of fiscal 2024 third quarter-end appears manageable. We credit ...

Kroger Co . (NYSE:KR), with a market capitalization of $42.35 billion, stands as one of the largest grocery retailers in the United States. According to InvestingPro data, the company is a prominent ...

Albertsons then announced that it was terminating the deal and suing Kroger for billions of dollars, accusing its former business partner of having “buyer’s remorse.” The spokesperson did ...

But given that Albertsons was previously owned by Cerberus Capital Management, and it remains its biggest shareholder, a sale to a financial buyer must be a possibility. The Kroger transaction wou ...

BOISE — Albertsons will be laying off a portion of its corporate workforce after a merger between the Boise-based grocery chain and Kroger fell through following legal challenges. “While we do ...

Following the collapse of its planned merger with Kroger, Albertsons Companies is doubling down on its strategy to grow market share and customer loyalty in the increasingly competitive grocery ...

Pleasanton-based Safeway Inc. and Boise-headquartered Albertsons have entered into agreements, subject to approval by the Federal Trade Commission (FTC), to sell 168 stores ... is privately owned by ...

The failed mega-merger between Kroger and Albertsons highlighted a trend of consolidation in the grocery industry expected to continue in the new year. The turning of the calendar brings with it a ...

Albertsons executives laid out plans to cut about $1.5 billion in costs over the next three years, speaking on the grocery store operator's first earnings call in more than two years. Last month a ...

US grocery retailer Albertsons’ efforts to increase its customer value proposition – and investor appeal in the wake of its breakup with Kroger – could open doors for emerging brands and ...

Story Continues Selling and administrative expenses ... in the case Federal Trade Commission et al. v. The Kroger Company and Albertsons Companies, Inc. (Case No.: 3:24-cv-00347-AN), whereby ...