Tag: kroger albertsons

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. 

After a yearlong investigation, Colorado Attorney General Phil Weiser today filed a lawsuit in Denver District Court to block the $24.6 billion proposed merger between Kroger and Albertsons, two of the largest supermarket chains in Colorado.

The Kroger Co. shared additional insights about how the company lowered prices in previous mergers, bolstering its commitment to bring more consumers across America lower prices and more choices following its proposed merger with Albertsons Cos.

The climate for corporate mergers isn’t looking too good right now, as the supermarket retail chains Kroger and Albertsons have announced that they are delaying their highly publicized and extremely controversial merger,

The Kroger Co., Albertsons Companies Inc., and C&S Wholesale Grocers, LLC today issued the following joint statement.

Yet another installment of the drawn-out drama of the Kroger-Albertsons merger comes with news that Bob Ferguson, the Washington State attorney general, is planning to file a lawsuit to block it.