Albertsons, Kroger
Kroger-Albertsons merger needed to close pricing gap with Walmart, executives testify
Two Kroger executives took the stand Monday in Denver District Court saying a merger with Albertsons is the key to competing with Walmart.
Colorado’s trial against the Kroger-Albertsons merger wraps up next week. Here’s four things you should know.
Supermarket giants Kroger and Albertsons have been locking horns with Colorado’s attorney general for nearly three weeks as the companies defend their $25 billion merger in Denver district court.
In Colorado, Safeway would be owned by 2 companies post merger. Neither would be Albertsons.
If the supermarket megamerger goes through as proposed, Safeway stores in Colorado would be owned by two companies. Neither would be the current owner Albertsons, which would fade into acquirer and King Soopers parent,
Here’s where the Kroger-Albertsons merger stands and what it means for Texas stores
Kroger announced a $25B merger with Albertsons two years ago, but not everyone thinks it’s a good idea. Here’s where thing stand now.
Colorado rests case challenging Kroger, Albertsons merger
The state attorney general sued in February to block Kroger’s proposed $24.6 billion purchase of Albertsons that would merge two of the state’s largest grocers.
Albertsons brand would no longer exist in Colorado after merger with Kroger
Most of the 105 stores in Colorado, branded as Safeway, to be sold to C&S while King Soopers parent, Kroger, picks up 14. Week two begins.
Kroger and Albertsons merger needed to close the gap with Walmart, executives testify
Two top Kroger Co. executives took the stand Monday in the Denver District Court antitrust trial seeking to block the grocer’s $24.6 billion merger
Who's Susan Morris? Albertsons exec from Denver would run merger’s divested stores
Since the first day of trial in Colorado, lawyers for Kroger and Albertsons have repeatedly brought up the name of a grocery executive they believe has the adequate experience to
Albertsons gains amid Wells Fargo upgrade on `Plan B' if Kroger deal fails
Albertsons (NYSE:ACI) rose 1.5% after Wells Fargo raised its rating to overweight as the firm sees a "compelling value ...
Failure of Kroger-Albertsons merger may lead to layoffs, store closures, CEO says
If the merger with Kroger doesn’t go through, the Albertsons CEO said his company might have to consider layoffs and leave ...
grocerydive4d
Albertsons records modest revenue gain in Q2, but profitability falls
The supermarket operator posted same-stores sales growth of 2.5% during the period, while net income slipped 45%.
Albertsons may be worth $21 a share in Kroger deal break, analyst says
Albertsons (NYSE:ACI) is likely worth $21 a share if its almost $25 billion sale to Kroger (KR) is blocked by a court after ...
coloradosun3d
What Kroger’s CEO meant when he said he never thinks about raising prices
As prosecution in Colorado’s antitrust case to block the Kroger-Albertsons merger rests, King Soopers’ parent starts its ...
Albertsons Faces Challenges Amid Pharmacy Growth and Grocery Market Share Loss, Leading to Hold Rating
Kelly Bania, an analyst from BMO Capital, maintained the Hold rating on Albertsons Companies (ACI – Research Report). The associated ...
Albertsons FQ2 results beat expectations, issues warning on 'competitive backdrop'
FQ2 results top Wall Street's expectations, but issues a warning on the increasingly competitive backdrop. Read more here.
Listeria recall of chicken hits Target, Amazon, Kroger, Albertsons, others
The listeria-launched recall of nearly 10 million pounds of meat and chicken products has reached the store brands of seven ...