Albertsons News Updates

Government, Business, Private

Kroger CEO Vows Legal Fight for Albertsons Deal if Necessary

Kroger Co. said its committed to hunkering down for a long legal battle if U.S. regulators attempt to block its $24.6 billion acquisition of Albertsons Cos.

May 11, 2023
Business, Private

Albertsons Eyes Higher Wages, Tougher Consumer Backdrop

Albertsons Cos. is anticipating higher labor costs and a more difficult consumer environment in a new sign of caution from big U.S. retailers.

April 11, 2023
Government, Business, Logistics, Private

Kroger, Albertsons CEOs Face Senate Questions Over Merger

Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.

November 30, 2022
Government, Business

Senate Antitrust Panel Plans Hearing on Kroger-Albertsons Deal

The Senate plans to hold a hearing in November on Kroger Co.s planned $24.6 billion takeover of Albertsons Cos.

October 18, 2022
Business

Kroger, Albertsons to Merge in Bid to Create Grocery Giant

Two of the nations largest grocers have agreed to merge as Kroger on Oct. 14 bid $20 billion for Albertsons Companies Inc., or $34.10 per share.

October 14, 2022
Business, Private

Kroger Eyes Merger With Albertsons

Kroger Co. is in talks about a tie-up with rival Albertsons Cos. in a deal that would create a U.S. grocery giant, people familiar with the matter said.

October 13, 2022