by Mike Duff | Apr 22, 2024 | Featured News, Retail Articles
Albertsons Cos. released its fourth quarter and full-year earnings, while announcing a reconfigured joint plan of divestiture with C&S Wholesale Grocers related to the proposed Kroger and Albertsons merger. The updated divestiture proposal increases the total...
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...
by Mike Duff | Jan 16, 2024 | Retail Articles
The Kroger Co., Albertsons Cos. and C&S Wholesale Grocers issued a statement updating status of the proposed Kroger/Alberstons merger and related agreements, with a United States Federal Trade Commission ruling on the transaction soon. According to the statement,...
by Mike Duff | Sep 8, 2023 | Retail Articles
Kroger Co., still working to complete a merger with Albertsons Cos., reported sales slipped in its second quarter, while adjusted earnings gained to top a Wall Street estimate. Kroger and the Albertsons Cos., meanwhile, announced they entered a definitive agreement...