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Report: Walmart Refiles Vizio Acquisition Document After Talks With Regulators

Report: Walmart Refiles Vizio Acquisition Document After Talks With Regulators

by Mike Duff | Mar 29, 2024 | Retail Articles

At a time when a pair of dynamics — more scrutiny of major retail operations by regulators and the growth of retail media — are impacting the marketplace, Walmart has notified two federal antitrust agencies it will withdraw and refile a certain review application...
Kroger Exceeds Q4 Earning Expectations, Will Fight for Albertsons Merger

Kroger Exceeds Q4 Earning Expectations, Will Fight for Albertsons Merger

by Mike Duff | Mar 8, 2024 | Retail Articles

In announcing fourth quarter financial results, Rodney McMullen, Kroger chairman and CEO, also defended the merger that the company is pursuing with Albertsons Cos., saying it will be good for households in the United States and for employees as well. Company net...
Kroger Exceeds Q4 Earning Expectations, Will Fight for Albertsons Merger

Kroger Vows To Fight FTC Suit Attempting To Block Albertsons Acquisition

by Mike Duff | Feb 26, 2024 | Featured News, Retail Articles

The United States Federal Trade Commission announced it is suing to block the Kroger Co.’s $24.6 billion acquisition of the Albertsons Cos. claiming the deal is anticompetitive. Kroger immediately answered with a statement saying blocking the merger would actually...
Kroger Counters Albertsons Merger Scrutiny with Promise To Lower Prices

Kroger Counters Albertsons Merger Scrutiny with Promise To Lower Prices

by Mike Duff | Feb 14, 2024 | Retail Articles

Beset with criticism and regulatory scrutiny about the possibly anti-competitive results of a merger with Albertsons Co., The Kroger Co. is answering with a declaration of how the company lowered prices after previous mergers. Kroger stated it has invested to lower...
Kroger’s Millerchip To Succeed Galanti as Costco CFO

Kroger’s Millerchip To Succeed Galanti as Costco CFO

by Mike Duff | Feb 7, 2024 | Retail Articles

Longtime Costco CFO Richard Galanti is stepping down in March, to be replaced by Gary Millerchip, who has been chief financial officer at The Kroger Co. According to Costco, Galanti will remain with the company through January 2025 as an advisor and continue serving...
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