Tag: kroger albertsons

A Colorado judge issued an order temporarily blocking the proposed merger between Kroger and Albertsons, according to Bloomberg News.

Pamela calls in from the Organic Produce Summit, where labeling and QR codes were discussed, while Greg's got news of Kroger-Albertsons store divestitures.

The Kroger Co. and Albertsons Companies Inc. released the list of stores they plan to divest if their $25 billion acquisition plan is approved.

Pamela calls in from CPMA in Vancouver, and Greg has news from the Kroger/Albertsons merger. Hear what trends are top of mind for the Canadian produce industry.

The Kroger Co. and Albertsons Companies Inc. announced that they have amended their definitive agreement with C&S Wholesale Grocers, LLC for the sale of assets in connection with their proposed merger previously announced on October 14, 2022.

Despite a 0.8 percent drop in comparable-store sales, Kroger executives were pleased with the retailer's fourth quarter 2023 financial results which showed year-over-year increases in overall sales, operating profit, and earnings per share. 

NGA today issued the following response to the Federal Trade Commission’s decision to challenge the merger between Kroger and Albertsons

The merging parties look forward to litigating this action in court so we can deliver the benefits of this merger to communities across America - lower prices, more choices, and more good-paying union jobs for decades to come.

The largest supermarket merger in U.S. history will eliminate competition and raise grocery prices, while harming tens of thousands of workers, FTC alleges.

A lawsuit to block the merger is expected before a February 28 deadline between the FTC and the companies expires, according to the report.