(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.…
(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…
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…
(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…
(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…
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.…
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…
(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…