Albertsons announced Wednesday it is pulling out of its plans to merge with Kroger, citing two court rulings on Tuesday barring the transaction.

Two federal court rulings this week blocked the proposed Kroger-Albertsons $25 billion supermarket megamerger, meaning the chains will continue to operate separately. Meanwhile, Albertsons has sued Kroger, alleging the company held back on information that ...

Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where their locations overlap to C & S Wholesale Grocers, a New Hampshire-based supplier to independent supermarkets that also owns the Grand Union and Piggly Wiggly store brands.