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
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
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
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
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
Walgreens has announced it will cut prices on 1,300 items across its drugstores, becoming the latest big retailer to enact discounts as consumers continue to fight against high inflation.
Read More Walgreens To Slash Prices On 1,300 Items As Retail Stores Fight Inflation