Albertsons ends merger with Kroger and sues it, seeking billions of dollars
The Boise-based supermarket chain said Kroger failed to exercise “best efforts” to secure regulatory approval of the merger.
Albertsons sues Kroger after merger blocked by federal court
When CEO Rodney McMullen said Kroger would be fine without approval of its merger with Albertsons, I asked “But how does Albertsons feel about that?”
Albertsons ends merger with Kroger, seeks billions of dollars in lawsuit
Albertsons called off its proposed sale to Kroger and sued the rival grocer for billions of dollars the morning after a federal judge in Portland blocked the merger. The deal would have combined the nation’s largest and second-largest traditional grocery chains into a colossus and extended a lifeline to Albertsons.
Federal judge blocks Kroger-Albertsons merger; Albertsons votes to terminate merger
A federal judge has temporarily rejected the Kroger Co.'s plan to acquire the rival Albertsons chain, saying the Federal Trade Commission is "likely to succeed on the merits"
Kroger-Albertsons merger stalled by dual court losses
The two supermarket chains can't go forward with the planned merger until the Federal Trade Commission completes an internal antitrust investigation.
Albertsons suing Kroger 'for billions,' cancels merger after court rulings
Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday barring the transaction.
Albertsons ends merger deal, accuses Kroger of ‘self-serving conduct’
Albertsons is suing Kroger for breach of contract and accusing it of failing to exercise its “best efforts” to get regulatory approval for the merger.
What’s next for Albertsons after calling off its $25B grocery merger with Kroger: More lawsuits
Albertsons said Kroger willfully breached the deal “by repeatedly refusing to divest assets necessary for antitrust approval, ignoring regulators’ feedback, rejecting stronger
'I think this merger is dead.' What's next for the Kroger Albertsons deal after 2 rulings?
With two judges ruling against its merger proposal, Kroger’s $25 billion bid to take over Albertsons was delayed at least a year and possibly forever.
Kroger-Albertsons merger blocked by federal judge
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.S. history.
Kroger, Albertsons could turn to ad business as mega merger falls through, analysts say
Retailers like Amazon, Target, Walmart, and grocers like Tesco have created in-store and online media platforms that generate advertising revenue from big food companies and consumer product makers. "While this deal was blocked on the grounds of reduced competition,
Kroger CEO McMullen gives Albertsons acquisition update, explains future plans
Kroger Co. CEO Rodney McMullen talked publicly Dec. 5 about where things stand on the supermarket giant’s planned $24.6 ...
Analysts revamp price targets after Kroger-Albertsons deal update
Back in 2022, grocery chains Kroger (KR) and Albertsons announced an agreement intended to establish "a national footprint to ...
What the latest legal drama between Kroger and Albertsons means for Whatcom County stores
After failed merger, Albertsons sues its former prospective partner, and workers’ unions call for a reinvestment into stores.
What new legal drama between Kroger-Albertsons means to their South Sound-area stores
After failed merger, Albertsons sues its former prospective partner, and workers’ unions call for a reinvestment into stores.
Inflation Ticked Up to 2.7% in November
The consumer-price index rose 2.7% from a year earlier, a sign that the path to bringing down price pressures remains bumpy.
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Kroger's "seamless shopping experience" - why digital and tech spend remains in the corporate basket
Kroger CEO Rodney McMullen credits over a decade of digital innovation and implementation for ongoing success.
Kroger CEO gives Albertsons acquisition update, explains future plans
The deal would have a huge impact on the grocery business, including in DFW, where Kroger and Albertsons are power players.
Kroger’s sales growth dinged by lower fuel prices and more — but it says many shoppers ‘feel better’
Supermarket giant Kroger said lower fuel prices and the sale of its specialty-pharmacy business weighed on third-quarter sales, and that it expects fourth-quarter same-store sales to be lower than ...