Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...
Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors.
Albertsons sued Kroger after a US judge blocked the merger of the supermarket giants, claiming Kroger failed to exercise “best efforts” and take “any and all actions” to secure regulatory ...
Kroger Grocery officials indicated the company has been working with Avery Dennison to introduce RFID technology into its bakery department with a goal to prevent waste as well as improve Inventory ...
NEW YORK, Dec 11 (Reuters) - Kroger (KR.N), opens new tab and Albertsons (ACI.N), opens new tab could turn to fast-growing and profitable advertising ventures to tackle competition and grow after ...
(Reuters) -Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former suing its rival and alleging a breach of contract that led to ...
A new Kroger is being proposed in the city of Newport, but a zoning decision could delay plans.The Kroger would be located at 20 W. 6th Street and include a pharmacy, Starbucks and fuel station ...
Kroger and Albertsons saw their $24.6 billion merger blocked on Tuesday by judges in two separate cases, one brought by federal regulators and the other by the Washington state attorney general.
Kroger, Albertsons Could Turn to Ad Business as Mega Merger Falls Through, Analysts Say By Siddharth Cavale NEW YORK (Reuters) - Kroger and Albertsons could turn to fast-growing and profitable ...
Kroger ends Albertsons merger after a U.S. District Court injunction citing antitrust concerns. Kroger initiates $7.5B buyback, focuses on growth investments. U.S. District Judge Adrienne Nelson ...
Supermarket chains Kroger and Albertsons, already under scrutiny for their proposed $24.6 billion merger, are now facing a new class-action lawsuit that alleges the companies conspired against ...
Kroger has started enforcing receipt checks at five of its Louisville locations in an effort to reduce theft, drawing both praise and criticism from residents living near one of the stores.