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The Latest Breaking News from Kroger

"Willful breach": Albertsons sues Kroger

Albertsons has accused Kroger of sabotaging their $25 billion deal

Salon

Kroger-Albertsons Merger Halted by the Federal Trade Commission

The Federal Trade Commission's antitrust action does not benefit grocery shoppers.

Reason

What’s next for Albertsons after calling off its $25B grocery merger with Kroger: More lawsuits

Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach of contract. The US$25 billion deal, first announced in 2022, would have combined Cincinnati-based Kroger, already the largest traditional U.S. supermarket chain, with Boise, Idaho-based Albertsons, which is…

The Conversation

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Food Fight: $25 Bn US Grocery Deal Falls Apart

A proposed $25 billion supermarket mega-merger disintegrated Wednesday in bitter recriminations between Albertsons and would-be suitor Kroger following US court rulings blocking the deal.

International Business Times

Albertsons sues Kroger for $600 million over failed grocery merger

Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval of the $24.6 billion agreement

The Independent UK

Here's Why The Kroeger Albertsons Merger Was Blocked And What It Means For Consumers

A federal judge blocked Kroger's £19.58B merger with Albertsons. The judge ruled the deal would harm consumers by reducing competition.

International Business Times UK

US Courts Block Kroger's $25 Bn Supermarket Mega-merger

Two US courts ruled against supermarket giant Kroger's planned $24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the merger in a win for the Federal Trade Commission, which had argued the deal would harm consumers.

International Business Times

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Federal judge blocks grocery megamerger between Kroger and Albertsons over monopoly concerns

A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal

The Independent UK

What are supermarket scorecards?

[Supermarket scorecards] allow us to compare how supermarkets are performing relative to each other”

Salon

What’s Behind These 3 Recent Analyst Stock Upgrades?

Three recent analyst ratings go beyond the consensus, making them a much more significant move for Wall Street analysts to consider.

MarketBeat

Dow Falls 50 Points; Kroger Posts Downbeat Sales

U.S. stocks traded mixed this morning, with the Dow Jones index falling around 50 points on Thursday.

Benzinga

Warren Buffett's Portfolio Stock Kroger Pauses Buybacks For Albertsons Merger, Narrows FY24 Outlook

Kroger pauses share buybacks for the Albertsons merger, misses Q3 sales estimates, and narrows its FY24 EPS guidance.

Benzinga

Stocks Muted Before the Open After Tech-Led Rally, U.S. Jobs Data in Focus

December S&P 500 E-Mini futures (ESZ24) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.13% this morning, taking a breather after yesterday’s rally, while investors turned their attention to U.S. jobless claims numbers due later today and key non-farm payrolls data scheduled for Friday.

Barchart

Kroger accused of strike sabotage

“These companies rigged the system against us, undermining our right to fight for better pay and fair treatment"

Salon

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Barchart

Sprouts Farmers Market Hits 84th 52-Week High: Too Late to Buy?

Halfway through Wednesday trading, 140 Nasdaq stocks have hit a 52-week high. The Arizona grocery store chain has hit a 52-week high 84 times in the past 12 months. Are there more gains in the cards?

The Guardian - US

US grocery workers hit by rising prices: ‘We’re at the bottom of the food chain’

Food store employees grapple with fewer hours and inflation – and sound alarm at merger of two largest chains

Fortune

5 stalled mega mergers that could get a green light under Trump

Biden's aggressive antitrust enforcers stood in the way of deals involving names like Intel, Kroger and U.S. Steel.

Motorsport

RFK Racing expands its lineup, adding Ryan Preece for 2025

RFK Racing hasn't run three full-time cars in the NASCAR Cup series since 2016, but that changes in 2025 when the team will enter the No. 60 car alongside the No. 6 driven by team co-owner Brad Keselowski and the No. 17 of Chris Buescher.

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news in one place.

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Fortune

Wall Street is foaming at the mouth with all the possible mergers and acquisitions that may now go through with Trump as president

Goldman Sachs expects a 20% increase in M&A activity next year.

Salon

"Predatory": Are grocers overcharging?

Sen. Elizabeth Warren and Rep. Adam Schiff are concerned supermarkets are overcharging customers

Barchart

Kroger Stock: Is Wall Street Bullish or Bearish?

Although Kroger has slightly lagged behind the S&P 500 Index over the past year, Wall Street analysts remain moderately bullish on the stock’s prospects.

Barchart

Kroger Earnings Preview: What to Expect

Kroger is expected to release its third-quarter results in December, and analysts expect a single-digit earnings growth.

The Independent UK

Costco recalls more items over listeria fears. What we know about the recall surge

A major recall of nearly 12 million pounds of meat and poultry that may have been contaminated with listeria has affected stores nationwide

Homes & Gardens

Craig Conover's Cozy Harvest kitchen collection is 'inspired by the simple joys of togetherness' – and everything is under $30

Bravo's Craig Conover has unveiled a fall-ready kitchen and home collection with Kroger, and we love the coastal-meets-sophisticated accessories

The Independent UK

Rashida Tlaib accuses supermarket brand of using facial recognition for surge pricing

Microsoft and Kroger have denied the use of facial recognition technology and the supermarket chain says it doesn’t engage in surge pricing

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