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Albertsons owns the well-known brands Pavilions, Safeway and Vons. Kroger operates Ralphs, Food4Less, Fred Meyer, Fry’s, Quality Food Centers and other popular grocery stores.
Albertsons announced Wednesday it is pulling out of its plans to merge with Cincinnati-based Kroger, citing two court rulings on Tuesday barring the transaction.. Also, it disclosed it's suing ...
Supermarket giant Kroger Co. announced plans to offload more than 60 supermarkets in California as part of its planned merger with Albertsons.
Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors.
On Wednesday, Albertsons announced it had called off the merger and was suing its former suitor for flubbing it. Kroger called the lawsuit “ baseless ” and hours later announced a massive $7.5 ...
By Jody Godoy (Reuters) -A U.S. judge blocked the pending $25-billion merger of U.S. grocery chains Kroger and Albertsons on Tuesday, in a win for the Federal Trade Commission that Kroger has said ...
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By September 2015, Haggen had filed for bankruptcy, fired the executive in charge of the California expansion, and sold some of the newly opened stores back to Albertsons for a fraction of the cost.