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The grocer spent nearly $700 million on fees related to the failed merger attempt in 2024 alone, according to a regulatory ...
Financially, Kroger remains stable despite the setback. As of early 2024, the company reported total assets of approximately $50.5 billion and long-term debt of about $12 billion, resulting in a ...
Albertsons, one of the largest supermarket chains in the United States, is facing serious challenges after the failure of its planned merger with Kroger. This major deal, which was expected to change ...
The grocery chain just lost its CEO to a "personal conduct" scandal, but the interim boss wants to reassure customers, ...
Albertsons Companies, Inc.'s Q4 shows stable growth, but declining margins and profitability in FY2025 raise concerns. Read ...
Regulators blocked the $24.6 billion merger on antitrust grounds. Kroger faces additional lawsuits for termination fees from ...
Cincinnati-based supermarket giant Kroger reported this month that its aborted takeover of Albertsons cost the company more than $1 billion.
Kroger spent more than $1 billion throughout its ill-fated journey toward merging with Albertsons.
The grocer plans to continue iterating on a recently built “real-time, comprehensive” data platform, COO and CEO-elect Susan ...
The mega-merger with Kroger's fell apart, but Albertsons Susan Morris articulates a powerful omni-channel strategy for independent growth.
The Jacksonville, Florida, U.S.A.-based company, is operated by a consortium of private investors. Aldi sold off Southeastern Grocers and its Winn-Dixie and Harveys in February, and the new management ...
Albertsons said it now expects fiscal 2025 adjusted earnings to range from $2.03 to $2.16 a share, well below the $2.28 FactSet consensus. It expects same-store sales to grow 1.5% to 2.5%, while ...
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