(Reuters) – Grocers Kroger and Albertsons said on Monday that they plan close the proposed $24.6 billion merger in the first half of Kroger’s fiscal 2024 instead of early 2024. …
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(Reuters) – Albertsons Companies topped Wall Street expectations for quarterly profit and revenue on Tuesday, on the back of steady demand for groceries and pocket-friendly private label brands. Consumers in …
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By Anirban Sen and Abigail Summerville (Reuters) – Supermarket operators Kroger Co and Albertsons Companies Inc are advancing plans to sell between 250 and 300 stores they hope will alleviate …
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(Reuters) – Kroger Co said on Tuesday it received a request for additional information from the U.S. Federal Trade Commission as part of the regulatory review process for its planned …
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(Reuters) – Albertsons Companies Inc said on Wednesday its $4 billion dividend payment to shareholders will continue to remain on hold as a Washington state court postponed a scheduled case …
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WASHINGTON (Reuters) – A half dozen state attorneys general are digging into Kroger’s planned acquisition of rival grocery chain Albertsons, District of Columbia Attorney General Karl Racine said on Wednesday. …
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By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Kroger Co and Albertsons Cos Inc are willing to divest up to 650 supermarket stores to secure regulatory clearance for …
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(Corrects headline to strategic “review”, from “options”) – Albertsons Cos Inc said on Monday it had started a review of potential strategic alternatives, including financial deals, nearly two years after …
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– U.S. grocer Albertsons Cos Inc said on Tuesday the Omicron coronavirus variant had put a dent on the recovery of its supply chain, and expects the issues to remain …