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Kroger, Albertsons
Local unions group seeks ouster of Kroger CEO after $7.5 billion buyback plan
Some United Food and Commercial Workers (UFCW) local unions on Friday urged Kroger's board to replace CEO Rodney McMullen following the company's announcement of a $7.5 billion stock buyback plan after terminating a deal to buy Albertsons.
Kroger CEO McMullen gives Albertsons acquisition update, explains future plans
Kroger Co. CEO Rodney McMullen talked publicly Dec. 5 about where things stand on the supermarket giant’s planned $24.6 billion acquisition of rival Albertsons Cos. Inc. that’s being challenged by regulators and what would be next if the deal doesn’t go through.
Kroger nixes deal to merge with Albertsons
CINCINNATI — The Kroger Co. has terminated its $24.6 billion agreement to acquire Albertsons Cos., announcing the move hours after its merger partner said it exited the deal.
8h
Fresh Take: Albertsons Sues Kroger As Merger Falls Apart, And UFCW Calls For Kroger CEO To Resign
Forbes' latest edition of its Fresh Take newsletter features the details of how a deal between Kroger and Albertsons fizzled, ...
grocerydive
1d
Kroger and Albertsons look ahead after merger deal collapses
The grocers both signaled that they are in strong financial shape and said they would devote billions of dollars to ...
Drug Store News
1d
Kroger reiterates commitment to lower prices, raise wages after Albertsons calls off merger
Following on the heels of Albertsons terminating its merger agreement with Kroger, Kroger shared that it is reiterating its ...
2d
Will the failed Kroger-Albertsons merger keep a lid on grocery prices in D-FW?
While there’s a lot of moving parts in the D-FW market, the collapse of the closely watched tie-up between Kroger and ...
grocerydive
8d
Kroger is prepared to go it alone if Albertsons deal falls through, chief executive says
We’ve always made sure that we don’t need to do mergers to make our business successful,” President and CEO Rodney McMullen ...
WCPO Cincinnati
2d
Federal judge blocks Kroger-Albertsons merger; Albertsons votes to terminate merger
A federal judge has temporarily rejected the Kroger Co.'s plan to acquire the rival Albertsons chain, saying the Federal Trade Commission is "likely to succeed on the merits" ...
Diginomica
4d
Kroger's "seamless shopping experience" - why digital and tech spend remains in the corporate basket
Kroger CEO Rodney McMullen credits over a decade of digital innovation and implementation for ongoing success.
2d
on MSN
Analysts revamp price targets after Kroger-Albertsons deal update
Back in 2022, grocery chains Kroger (KR) and Albertsons announced an agreement intended to establish "a national footprint to ...
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