Albertsons, Kroger
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
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.
Highlights of Week 2 in Colorado’s antitrust case to block the Kroger-Albertsons merger include more on who might take over the Safeways.
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.
Opinion
The Albertsons-Kroger merger would lower prices for consumers and preserve union jobs | Opinion
Should the merger be blocked, the real losers will be consumers and union workers. Albertsons will likely remain for sale jeopardizing union jobs and the future of its stores.“ | Opinion
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.
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
Kroger-Albertsons merger needed to close pricing gap with Walmart, executives testify
McMullen and Aitken emphasized that Walmart, with 3.5 times the grocery sales of Kroger, is the key competitor not Albertsons. Kroger has built its business strategy entirely around matching Walmart’s prices and staying ahead of a host of other rivals like Costco,
coloradosun1d
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 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 ...
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 ...
As Kroger-Albertsons merger faces FTC scrutiny, state lawsuits add further hurdles
In August, the Federal Trade Commission (FTC) made a motion for a preliminary injunction against the proposed $24.6 billion ...
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.
Aldi and Save Mart likely considered buying divested Kroger, Albertsons stores
A witness in the Colorado antitrust case appears to have accidentally revealed the names of two potential divestiture ...
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 ...
grocerydive2d
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%.