Kroger countersued Albertsons, escalating a legal battle between the companies following the collapse of their proposed $25 billion merger in December.
Read More Kroger countersues rival Albertsons after demise of $25 billion merger
Tag: kroger
Kroger Ousts Longtime CEO After Ethics Investigation Reveals Misconduct
The grocery store chain Kroger announced on Monday that its longtime CEO, Rodney McMullen, has stepped down following an investigation into his personal conduct which revealed he was violating the company’s ethics policy.
Read More Kroger Ousts Longtime CEO After Ethics Investigation Reveals Misconduct
US holiday retail sales stronger than last year, Mastercard says
Holiday shoppers opened their wallets at the last minute in search of good deals on online platforms in a sign that household finances remain healthy.
Read More US holiday retail sales stronger than last year, Mastercard says
Albertsons Scraps Merger, Files Lawsuit Against Kroger
A U.S. district judge in Oregon has blocked a $25 billion bid by supermarket giant Kroger to take over its rival Albertsons, ruling that the Federal Trade Commission’s concerns about the merger’s impact on market consolidation were valid.
Read More Albertsons Scraps Merger, Files Lawsuit Against Kroger
FTC Vs. Kroger-Albertsons Merger Case Heading To Trial
The Federal Trade Commission (FTC) trial has begun, with the agency continuing its push to block Kroger’s merger with Albertsons, alleging that the merger would “hurt customers and undermine competition” in the grocery store industry.
Read More FTC Vs. Kroger-Albertsons Merger Case Heading To Trial
US FTC’s bid to block Kroger-Albertsons merger heads to trial
The FTCwill argue Kroger’s $25 billion merger with rival grocer Albertsons is bad for shoppers and workers when the agency’s lawsuit goes to trial in federal court.
Read More US FTC’s bid to block Kroger-Albertsons merger heads to trial