by Mike Duff | May 19, 2023 | Retail Articles
As it works to complete its merger with The Kroger Co., Albertsons Cos. has announced that Tom Moriarty will join the company as executive vice president and general counsel, effective June 5. Prior to accepting the Albertsons position, Moriarty served at CVS Health,...
by Mike Duff | Apr 11, 2023 | Retail Articles
As it awaits a merger with The Kroger Co., Albertsons continues to advance, posting sales and adjusted earnings gains above expectations. Net income was $311.1 million, or 54 cents per diluted share, versus $455.1 million, or 79 cents per diluted share, in the...
by Mike Duff | Oct 14, 2022 | Featured News, Retail Articles
The Kroger Co. and Albertsons Cos. have announced that they have entered into a definitive merger agreement a day after reports emerged about ongoing negotiations between the two companies. In a joint press release, the companies reported that the deal would merge two...
by Peter Giannetti | Apr 7, 2022 | Featured News, Home + Housewares, Retail Articles
The NPD Group and Information Resources, Inc. (IRI) have agreed to merge in a deal that brings together a pair of global market data and analytics leaders covering the retail and consumer products industries. The combination will offer clients a view of retail...
by Mike Duff | Mar 22, 2022 | Featured News, Retail Articles
In its ongoing fight with activist investor Macellum Advisors, Kohl’s Corp. has issued a statement saying it has engaged with firms interested in purchasing the company, but, in a separate letter, that it would oppose any replacement of its board in a proxy fight....
