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 ...

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.

On Tuesday, they were partners. On Wednesday, they were angry divorcees. Albertsons called off its proposed sale to Kroger and sued the rival grocer for billions of dollars the morning after a ...

Kroger has solidified its position as one of the top supermarket chains, with a turnover of $150 billion in 2024. This figure reflects the company’s ability to continue to meet customer demand, expand ...

“In the face of these headwinds, rather than take the steps it knew would give the Merger the best chance to succeed, and which it had agreed to take, Kroger put itself first,” Albertsons said ...

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.

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 ...

Grocery workers in the Puget Sound region were relieved as a merger between Albertsons and Kroger broke down. The two grocery giants that had planned to merge are now at loggerheads. Albertsons ...

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 ...

PBMs, responsible for managing drug costs, face allegations of inflating ... Biden administration sets new rules for banks Kroger and Albertsons are spending billions to reward shareholders ...