Albertson's grocery store merger has been blocked by a federal judge, and now Albertson's is suing Kroger for a breach of contract.
Thwarted by federal and state judges, Albertsons gave up on its proposed $24.6 billion sale to Kroger and sued its would-be ...
Albertsons, in its own announcement terminating the agreement on Wednesday, also said it had authorized a $2 billion stock buyback and hiked its quarterly cash dividend by 25%. The chain's biggest ...
Two unions, the United Food and Commercial Workers 3000 and Teamsters Local 38, represent employees at Albertsons and Kroger stores in Washington. Both groups issued statements celebrating the rulings ...
Two separate rulings on Tuesday stopped the merger of supermarket giants Kroger and Albertsons in its tracks. The decisions ...
While there’s a lot of moving parts in the D-FW market, the collapse of the closely watched tie-up between Kroger and ...
Turning two big supermarket companies into one even larger one could have harmed consumers and workers, the government said during its successful litigation.
Albertsons Cos. said it filed a lawsuit against Kroger Co., claiming it failed to exercise “best efforts” and take “any and ...
Albertsons CEO Vivek Sankaran said in September that his company might consider “structural options” like laying off ...
By DEE-ANN DURBIN Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do ...
Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. The companies said a ...
One day after an injunction was filed to block the mega merger between the two grocery giants, Albertsons accused Kroger of ...