Kroger’s $25 billion proposed takeover of rival Albertsons ultimately failed because two judges – one federal and the other from the state of Washington – didn’t buy the competitive vision ...
(Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) A Federal Judge and a King County Judge in Washington state have blocked the $25 billion merger of grocery giants Kroger and ...
Grocery-store chains Albertsons Cos. and Kroger Co. said Wednesday that they were walking away from their merger deal, a day after two judges blocked it. But the drama didn’t end there.
Kroger and Albertsons are the rare unionized shops in retail. The companies argue that, in fact, serves as a reason why they should be allowed to unite to face up to bigger, non-unionized rivals.
The grocery industry is reeling this week from ... I’ve detailed the harms that consumers can face when retailers merge, close stores and streamline purchasing. There’s a lot to consider.
In a market where Kroger is saying it needs to gear up to face a new wave of competition from non-traditional grocery purveyors such as Wal-Mart, Amazon and Target, raising prices would be a ...
Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...
Albertsons said Wednesday that it is terminating its $25 billion merger agreement with Kroger and suing its rival, ending a controversial bid to combine two of the largest grocery companies in the ...
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be merger partner. Wednesday’s lawsuit comes a day after a federal judge ...
Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...