Albertsons News Updates

GovernmentBusinessPrivateTCA

Kroger, Albertsons CEOs Give Details on Proposed Merger

Kroger CEO Rodney McMullen and Albertsons CEO Vivek Sankaran made a number of pledges to their customers and employees if their proposed grocery merger prevails.

August 25, 2023
GovernmentBusinessPrivateTCA

Kroger-Albertsons Merger Draws Protest From State Officials

The proposed merger of food retail giants Kroger and Albertsons has elicited criticism from seven secretaries of state.

August 22, 2023
GovernmentBusinessPrivate

Kroger CEO Vows Legal Fight for Albertsons Deal if Necessary

Kroger Co. said it’s 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
BusinessPrivate

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
GovernmentBusinessLogisticsPrivate

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
GovernmentBusiness

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 nation’s 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
BusinessPrivate

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