Kroger is fighting back against a lawsuit brought by Albertsons over its failed $24.6 billion takeover of the rival grocery chain.
March 25, 2025Kroger News Updates
Kroger Fights Suit by Albertsons Over Failed Deal
Albertsons Names New CEO Following Failed Deal With Kroger
Both top U.S. grocery operators are moving on from their respective CEOs only months after a proposed deal to combine their operations was blocked by a federal judge.
March 3, 2025Kroger CEO Rodney McMullen Resigns Following Ethics Inquiry
The board of directors said it was made aware on Feb. 21 of “certain personal conduct by McMullen and immediately retained outside independent counsel to conduct an investigation.â€
March 3, 2025Albertsons Raises Profit Guidance After Dropping Kroger Deal
Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new path after its proposed deal with Kroger Co. fell apart.
January 8, 2025Albertsons Sues Kroger for Failing to Secure Merger
Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.
December 11, 2024Kroger’s $24.6 Billion Albertsons Deal Blocked by Judge
A judge blocked Kroger's $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for grocery shoppers in a ruling that marks a likely death knell for the deal.
December 10, 2024Port Strike Sparks High Demand for Toilet Paper at Retailers
During visits to Costco stores in northern New Jersey, Oppenheimer analyst Rupesh Parikh said his team “observed behaviors similar to the start of the pandemic.â€
October 3, 2024Washington State Moves to Block Albertsons-Kroger Deal
Albertsons and Kroger insist a merger would help them lower prices and better compete with big rivals such as Walmart, Costco and Amazon.
September 16, 2024Kroger Ups Full-Year Sales Forecast on Grocery Spending
Kroger Co. lifted its full-year sales guidance as the grocery-store operator benefits from consumers prioritizing spending on groceries and other essentials.
September 12, 2024Kroger, Albertsons CEOs in Court to Defend Merger
PORTLAND, Ore. — The CEOs of Kroger and Albertsons were set to testify in federal court Sept. 4, midway through a three-week hearing in which the grocery chains have defended their proposed merger.
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