Albertsons to layoff corporate staff

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 ...
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 ...
Albertsons’ renewed focus on customer-centric strategies positions the company to navigate an evolving consumer landscape, ...
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 ...
In the end, I’m still not sure which contributed more to killing the merger of supermarket giants Kroger and Albertsons: an ...
Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's ...
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 ...
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 ...