Cincinnati-based supermarket giant Kroger reported this month that its aborted takeover of Albertsons cost the company more than $1 billion.

The grocer spent nearly $700 million on fees related to the failed merger attempt in 2024 alone, according to a regulatory ...

Kroger spent more than $1 billion throughout its ill-fated journey toward merging with Albertsons.

Financially, Kroger remains stable despite the setback. As of early 2024, the company reported total assets of approximately $50.5 billion and long-term debt of about $12 billion, resulting in a ...

Kroger’s failed merger with Albertsons cost more than $1 billion. Now, legal drama is unfolding and Texas shoppers are left ...

Albertsons, one of the largest supermarket chains in the United States, is facing serious challenges after the failure of its planned merger with Kroger. This major deal, which was expected to change ...

Albertsons Companies, Inc.'s Q4 shows stable growth, but declining margins and profitability in FY2025 raise concerns. Read ...

The Jacksonville, Florida, U.S.A.-based company, is operated by a consortium of private investors. Aldi sold off Southeastern Grocers and its Winn-Dixie and Harveys in February, and the new management ...

Joe Kelley, president of Colorado-based King Soopers & City Markets division, will serve as SVP of retail divisions. A nearly ...

The grocer plans to continue iterating on a recently built “real-time, comprehensive” data platform, COO and CEO-elect Susan ...

The company, which is being counter-sued by Kroger after their botched $25-billion merger, expects an annual profit of $2.03 to $2.16 per share, compared with an estimate of a 0.5% decline to $2.28 ...

Meeting is the largest gathering of competition, consumer protection, and data privacy profes­sionals globally, with lawyers, ...