The regulatory agency will likely take a kinder approach to divestiture proposals by merger parties under its new leadership, ...
With no Kroger Co. merger to rely on, grocery chain Albertsons Cos. Inc. on Wednesday said it would lean into an array of initiatives — e-commerce, wellness, automation and its loyalty program ...
Kroger and Albertsons’ ordeal has striking parallels with a British deal struck in 2018: J Sainsbury Plc’s $9 billion ...
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 ...
On Dec. 11, just hours after the collapse of the Kroger-Albertsons merger, Kroger CEO Rodney McMullen emailed employees to reassure them the grocery giant was still ...
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Long before a pair of judges blocked Kroger’s plan ...
Also fatal was Kroger’s and Albertsons’ proposal to preserve competition in markets where their stores overlapped, experts said. The grocers said they would sell off 579 stores for $2.9 ...
Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where their locations overlap to C&S Wholesale Grocers, a New Hampshire-based ...
The adjustment follows a federal judge's decision to halt the proposed merger between Kroger Co (NYSE ... co-founder of Cerberus Capital Management, joining as a Board member. Albertsons also reported ...
The Kroger Co. corporate headquarters is located in Cincinnati, Ohio. (Scott Olson/Getty Images) Editor’s note: The Capital Chronicle ... Kroger and Albertsons had agreed to sell 579 stores ...
Albertsons (ACI) has filed a lawsuit against Kroger (KR), accusing the grocery giant of failing to uphold its contractual obligations during their planned $24.6 billion merger, prompting ...