Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing each other ...

Albertsons’ breach-of-contract claims, filed in a Delaware chancery court Dec. 11, allege Cincinnati-based Kroger “put itself first” in the face of regulatory opposition to the merger and ...

Kroger and Albertsons have long been planning their union, a $24.6 billion deal first rolled out in 2022. Now that the marriage is officially off – terminated by both as part of the fallout ...

Within months of Kroger KR-0.39%decrease; red down pointing triangle announcing a $20 billion deal to acquire rival Albertsons ACI 0.38%increase; green up pointing triangle, Kroger made missteps ...

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 ...

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.

Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors.

Shelby Tauber / Bloomberg / Getty Images Kroger shares rose Thursday morning after the retailer said it is abandoning the Albertsons merger and restarting stock buybacks. The grocery chain said ...

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, meanwhile, face an uphill battle to financial recovery. Its lawsuit against Kroger seeks to recoup costs associated with the failed merger and offset the financial losses incurred ...

The merger between grocery store giants Kroger and Albertsons was halted by Judge Adrienne Nelson of the U.S. District Court for the District of Oregon on Tuesday. Albertsons promptly sued Kroger ...

Lawyers for Albertsons and Kroger will likely meet in the courtroom again — but unlike the recent federal trial in Oregon, they’ll be on opposing sides. The day after judges in Oregon and ...