Food and drug retailer Albertsons Companies, Inc. (ACI), while reporting higher third-quarter results, on Wednesday lifted its ...
Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new path after its proposed deal with Kroger Co. fell apart.
In an unsealed complaint, Albertsons claims that Kroger’s hubris and reluctance to divest of stores sank their merger; Kroger ...
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges ...
Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach ...
America’s two biggest supermarket operators have gone from deal partners to legal rivals in less than 24 hours. Grocery-store operator Albertsons said it was terminating its planned sale to ...
Albertsons has sued Kroger, launching a new chapter in the supermarket wars after the two largest U.S. grocery chains failed to convince multiple courts that they should be allowed to merge to ...
The two grocery store chains first proposed the $24.6B deal in 2022. Albertsons has filed a lawsuit against its rival Kroger following a failed multibillion dollar deal that would have marked the ...
Albertsons Sues Kroger for Failing to Win Approval of Their Proposed Supermarket Merger Kroger and Albertsons' plan for the largest U.S. supermarket merger in history crumbled Wednesday ...
During the heyday of American antitrust rulings, from the 1930s to the ’70s, few industries faced as much scrutiny as the ...
As the year unfolds, all eyes will be on Kroger’s Investor Day, where the company is expected to unveil its vision for the ...
Albertsons has filed a lawsuit against its rival Kroger following a failed multibillion dollar deal that would have marked the biggest supermarket merger in U.S. history. Two federal judges in ...