by Mike Duff | Jul 1, 2026 | Retail Articles
The Kroger Co. is acquiring Giant Eagle, a family-owned grocery and pharmacy chain generating $9 billion in annual sales and operating 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West Virginia, Maryland and Indiana. The...
by Mike Duff | Jan 14, 2026 | Retail Articles
Following a failed merger and the departure of its CEO and chairman, The Kroger Co. has announced new leadership changes. Kroger promoted Victor Smith, president of the company’s Atlanta division, to senior vice president of Retail Divisions, the company stated....
by Mike Duff | Oct 15, 2024 | Retail Articles
As its merger with The Kroger Cos. continues to face opposition from the United States government, Albertsons beat Wall Street estimates on earnings and revenues, as identical sales gained. Net income was $145.5 million, or 25 cents per diluted share, compared to...
by Mike Duff | Jul 23, 2024 | Retail Articles
For the first quarter, Albertsons Cos. narrowly missed an earnings estimate but beat one on revenues as the company keeps operating as it pursues its merger with The Kroger Co. The merger has experienced opposition from the United States Federal Trade Commission but...
by Mike Duff | Jun 20, 2024 | Retail Articles
Earnings slipped at the The Kroger Co. in the first quarter but still beat analyst estimates as the company prepares to defend its proposed merger with Albertsons Cos. Company net earnings were $947 million, or $1.29 per diluted share, versus $962 million, or $1.32...
