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The Latest Breaking News from Kroger

In Focus This Week: OPEC+ Meeting, PCE Data, Powell Speaks, COP28 Starts

U.S. housing data, manufacturing in China and earnings of retailers and Canadian banks are also scheduled for the next few days.

International Business Times

FTC Fights Grocery Store Merger That May Bring Down Prices

Who needs better prices, products, and customer service?

Reason

Kroger’s new holiday commercial has viewers in tears: ‘This hits home’

‘We cried happy tears bringing it to life,’ supermarket’s head of marketing admits

The Independent UK

From analysis to the latest developments in health,
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Best deals for Veterans this weekend

Annual US holiday falls on a Saturday this year

The Independent UK

Northrop Grumman and 2 More Stocks Politicians Are Buying

A member of the House Permanent Select Committee on Intelligence just scooped up shares of defense stock NOC, while one well-known senator just picked up shares of a grocery giant with an acquisition still under FTC scrutiny.

Barchart

3 Stocks to Buy if You Believe Jeffrey Gundlach's Prediction of an Impending Recession

Consumer staples stocks, such as Kroger and Sysco, can help you create a defensive moat for your portfolio if the U.S. economy enters a recession next year.

Barchart

"Devastating:" Kroger sells 400 stores

To prepare for their mega-merger with Albertsons, Kroger may have to sell an additional over 200 locations

Salon

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Stock market today: Asian shares mostly higher as investors await US inflation, China economic data

Stock prices are mostly higher in Asia as investors watch for U.S. inflation figures and China's latest economic data

The Independent UK

Minjee Lee wins Kroger Queen City Championship; Ruoning Yin rises to No. 1

Lee has now won six of the last eight tournaments in which she held the 54-hole lead.

USA Today Sports Media Group

Kroger agrees to pay up to $1.4 billion to settle opioid lawsuits

The Kroger Co. has agreed to pay up to $1.4 billion to settle lawsuits over the toll of opioids

The Independent UK

Kroger, Albertsons to sell hundreds of stores in bid to clear merger of 2 of largest US grocers

Both companies plan to sell more than 400 stores, including the Mariano’s brand name.

Chicago Sun-Times

Kroger just agreed to pay up to $1.2 billion to states and Native American tribes who sued it for distributing opioids

The settlement is not an admission of wrongdoing or liability, the company said, adding that it would “continue to vigorously defend against any other claims and lawsuits relating to opioids.”

Fortune

Dow Jones Rises 100 Points, Led By Apple, Microsoft; Adobe Stock Fades Despite Bullish Analyst Note

The Dow Jones held a modest gain in afternoon trading Friday, helped by strong showings from Amgen and Microsoft, but Boeing was a drag.

Investors Business Daily

Dow Jones Falls As Stock Market Rally Struggles; Cathie Wood Sells Nvidia Stock

The Dow Jones dropped Friday, as the stock market headed for a losing week. Cathie Wood sold more than 13,000 shares of Nvidia stock.

Investors Business Daily

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USA Today Sports Media Group

Photos: LPGA Kroger Queen City Championship at Kenwood Country Club

A strong field has converged on Cincinnati for this LPGA tournament.

The Independent UK

Bodycam video shows moment Ohio police shot pregnant woman through her windshield

The footage captured the exchange before 21-year-old Ta’Kiya Young was shot by an officer in a Kroger parking lot

The Independent UK

Bodycam video shows moment Ohio police shot pregnant woman through her windshield

The footage captured the exchange before 21-year-old Ta’Kiya Young was shot by an officer in a Kroger parking lot

The Guardian - US

‘He was dripping with sweat’: Kroger worker dies in hot work conditions in Memphis

The union representing workers at the grocery chain had asked the company to allow more breaks and cooler working conditions

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Salon

Frozen vegetable recall announced by FDA

The products are frozen corn and frozen mixed vegetables and were sold at Food Lion, Signature and Kroger stores

Kiplinger

Kroger Adds to Its Medicare Advantage Plan Offerings

Savings on groceries and prescription drugs possible under Kroger and Select Health’s co-branded Medicare Advantage plans.

Investors Business Daily

Outback Steakhouse Stock Surges After Activist Investor Builds Holdings As Restaurant, Grocery Consolidation Widens

Bloomin' Brands jumped early Friday after the WSJ reported Starboard Value is a top-five investor.

WEKU

Aldi says it will buy 400 Winn-Dixie, Harveys groceries across the southern U.S.

Under a proposed merger agreement, Aldi will acquire all outstanding shares of Jacksonville, Florida-based Southeastern Grocers Inc., the parent company of Winn-Dixie and Harveys.

The Guardian - UK

Why the US will break out first from the low-growth trap

Western economies must adopt industrial strategies, boost R&D and exploit new tech to prosper – Americans realise this better than Europeans

The Independent UK

Atlanta 'Cop City' activists say they're confident of getting 70K signatures. But big hurdles remain

Hundreds of canvassers have spread out across Atlanta in hopes of convincing more than 70,000 residents to sign onto a petition that activists believe is their best chance to halt the planned construction of a huge police and firefighter training center

The Independent UK

Clock ticking for West Virginia to select leadership for opioid money distribution

West Virginia is finalizing the leadership for a newly created foundation tasked with distributing the lion’s share of the more than $1 billion in opioid lawsuit-settlement money

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