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The Produce Reporter Week in Review – April 26, 2024

- Analysis
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.

Kroger, Albertsons update and expand divestiture plan with C&S Wholesale Grocers

- Featured
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.

Kroger CEO addresses FTC merger lawsuit after Q4 2023 financial report 

- Retail
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 statement supports FTC challenge of Kroger-Albertsons merger

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

Kroger issues statement on FTC decision to block proposed merger with Albertsons Companies

- General News
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.

FTC sues to block Kroger’s Acquisition of Albertsons

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

Report: FTC lawsuit expected in Kroger-Albertsons deal 

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

Colorado Attorney General files lawsuit to block Kroger-Albertsons merger

- Retail
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.

Kroger plans to lower prices following merger with Albertsons

- Retail
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.

A rough climate for corporate mergers

- Analysis
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,