Top U.S. liquor distributor favored Costco, Kroger, other chains over small businesses: FTC
The Federal Trade Commission sued Southern Glazer's Wine and Spirits, accusing the company of illegal price discrimination. Southern's is the largest U.S. distributor of wine and spirits, and is th...
Kroger Terminates Its Proposed Merger With Albertsons: What's Next?
KR terminates its merger deal with ACI. The company looks forward to resuming its share repurchases and authorizes a new program.
Kroger's stock is on pace to close at record high as Albertsons deal dies. It faces these questions ahead.
Free from the financial burdens of trying to buy rival Albertsons, shares of supermarket giant Kroger were sitting at new highs on Thursday.
Albertsons is now suing Kroger for billions. That won't help it find another buyer, analysts say.
Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after two judges blocked it.
Kroger Reiterates Its Commitment to Lower Prices and Initiates New $7.5B Share Buyback Program
Reiterates Commitment to Investing in America to Lower Grocery Prices, Raise Associate Wages, and Support Local Communities Highlights Resilience of Value Creation Model and Strong Momentum to Driv...
Kroger's Deal to Acquire Albertsons Comes to a Halt: What's Next?
The U.S. District Judge blocks KR's deal to acquire Albertsons Companies as it might cut competition for U.S. grocery shoppers.
Albertsons Takes Kroger to Court After Grocery Merger Collapses
Albertsons has sued fellow grocery giant Kroger over the failure of their $24.6 billion merger. The company said Wednesday (Dec. 11) that it has filed a lawsuit in the Delaware Court of Chancery, a...
The Kroger-Albertsons Deal Is Off. Courthouse Drama Could Be Next
The deal is over. The story isn't.
Albertsons sues Kroger after judge rules against grocery merger
Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger. Albertsons filed a lawsuit against its fellow supermarket operator, saying Kroger violated its contract and ...
Judge Blocks Kroger's $24.6 Billion Albertsons Deal Over Competition Concerns
A federal judge has blocked Kroger's $24.6 billion acquisition of Albertsons on Tuesday (Dec. 10), citing concerns that the deal would reduce competition in the U.S. grocery market, Bloomberg repor...
Kroger Stock Ends Higher After Judge Blocks Albertsons Merger
Shares of grocer Kroger (KR) finished Tuesday higher, rising in afternoon trading on the news that a court blocked its planned merger with Albertsons (ACI).
Kroger's $25B deal to buy grocery rival Albertsons blocked by federal judge in win for Biden administration
The companies argued at trial that they needed to merge to compete with global conglomerates such as Walmart and Amazon.
Federal judge temporarily blocks Kroger's $25 billion merger with Albertsons
A U.S. judge blocked the pending $25 billion merger of U.S. grocery chains Kroger and Albertsons on Tuesday, siding with the U.S. Federal Trade Commission (FTC) in a win for the Biden administration.
Kroger: Significant Upside Potential Even Without Merger
In 3Q24, Kroger generated $33.91 billion in sales, posting a 0.17% year-on-year gain. The company revised guidance upwards and expects full-year topline growth to range between 1.20% and 1.50%. Kro...
Kroger's Digital Engagement Strategy Drives Growth Amid Sluggish Sales
Despite Kroger's third-quarter results taking a slight a dip, digital growth is still making a splash. Kroger's digital transformation continues to show promising results as digital sales surged by...
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