Albertsons, Kroger

Albertsons focuses on strategy after failed Kroger merger
Albertsons’ renewed focus on customer-centric strategies positions the company to navigate an evolving consumer landscape, Sankaran added, signaling a fresh chapter for the grocery giant, even as the fallout from the failed merger continues to unfold in the courts.
Albertsons lays off corporate employees a month after failed merger with Kroger
Albertsons will be laying off a portion of its corporate workforce after a merger between the Boise-based grocery chain and Kroger fell through following legal challenges.
Albertsons lays off corporate employees across the company. Here’s what we know
Albertsons is laying off corporate and division support employees around the country, a spokesperson for the company told the Idaho Statesman on Wednesday. Store employees are not impacted by the cuts, the spokesperson said in a statement.
Albertsons lays off 68 corporate, division staff in Phoenix after failed merger
A month after its failed merger with Kroger, Albertsons is laying off employees, including 68 corporate and division support staff in Phoenix.
Albertsons cuts corporate staff after failed Kroger merger bid
A statement from an Albertsons spokesperson said the company is laying off a portion of its corporate and division support workforce. The total number of employees impacted is not being disclosed. No store-level jobs are affected,
Albertsons plans corporate layoffs
Shares of Albertsons Companies (NYSE:ACI) are trading defensively for the first time in six days after the company said it was letting go of some of its corporate staff to “recalibrate the company to compete in a rapidly changing market.
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Albertsons calls off merger and sues Kroger
Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal. The merger, announced in 2022, sought to combine the fifth and ...
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Albertsons calls off merger after court rulings, suing Kroger 'for billions'
Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction. Also, it disclosed it's suing ...
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The Kroger-Albertsons merger is officially kaput. What's next?
Two years, a failed merger ... said Kroger stock could benefit from the deal being called off. They predicted Kroger would use a chunk of the money it had planned to apply to acquiring ...
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What Analysts Think of Albertsons Stock Ahead of Earnings
Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's ...
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Kroger-Albertsons Merger: Will There Be Another Attempt?
Kroger and Albertsons announced their intention to merge in 2023, aiming to create a unified grocery retail giant capable of competing with industry leaders like Walmart and Amazon. The merger was ...
The Business Journals17d
Merger mangled
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 ...