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.
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,
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Albertsons Companies Remains One Of The Best Risk-To-Reward Prospects In This Market
I have long had conflicting thoughts about the deal. Having said that, I have been very bullish about Albertsons Companies ...
Albertsons’ stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 0.7% in premarket trades Tuesday after the grocery chain reported better-than expected ...
Column: Albertsons will pay millions to quash charges that it cheated customers. Shouldn’t that kill its merger plan?
Albertsons is paying $3.9 million to settle a federal-state lawsuit that accused it of ripping off shoppers. What does that ...
Albertsons FQ2 results beat expectations, issues warning on 'competitive backdrop'
Driven by increased sales in its digital channel and pharmacy operations, Albertsons Companies’ (NYSE:ACI) total sales ...
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 ...
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 ...
H-E-B, Albertsons, Walmart pull products after USDA recalls nearly 10M pounds of meat
Nearly 10 million pounds of ready-to-eat meat products were recalled for potentially containing listeria. See what 75 ...
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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 price target lowered to $19 from $21 at BMO Capital
BMO Capital lowered the firm’s price target on Albertsons to $19 from $21 and keeps a Market Perform rating on the shares.