The Latest Breaking News from Albertsons

Two of the dominant players in New Zealand’s supermarket sector – Foodstuffs North Island and Foodstuffs South Island – have failed in their quest to officially join forces.

Lina Khan made remark on largest-ever US grocery merger, which FTC is seeking to block, on CBS’s 60 Minutes

Closing arguments are coming up in the Federal Trade Commission's attempt to block the proposed merger of supermarket chains Kroger and Albertsons

Thanks to resilience in consumer spending and the rapid evolution of technology, the retail sector is rising. Hence, it could be an opportune time to invest in high-quality discounted retail stocks such as Target Corp. (TGT), Kroger (KR), and Albertsons Companies (ACI). Read on….

Kroger and Albertsons merger would benefit brands that exploited the pandemic and high inflation to raise prices

Kroger and Albertsons seek to merge, arguing it will lower prices, but the FTC opposes the merger due to competition, job losses, and store closures.

The chief executives of Kroger and Albertsons are set to testify in federal court about their companies' proposed merger

Kroger and Albertsons will defend their plan to merge in a hearing scheduled to begin Monday in federal court in Oregon

"We stand prepared to defend this merger in the upcoming trial in federal court," Kroger CEO Rodney McMullen said

Senators Elizabeth Warren and Robert P. Casey, Jr. worry Kroger will "squeeze consumers to increase profits"

Amid rising grocery costs, the FTC's fight against the merger may end up hurting the very consumers it's supposed to protect.