The Latest Breaking News from Kroger

Grocery retailer Kroger (KR) reported solid second-quarter financials and raised its full-year guidance. The company’s consistent performance amid the current macroeconomic headwinds reflects the non-cyclical nature of its sector and the company’s fundamental strength. Moreover, its steady earnings stream allows it to pay increasing dividends to stockholders. Hence, we think…

Food and drug retailer Albertsons (ACI) reported stellar second-quarter earnings, and the company has guided solid growth in the upcoming quarters. Moreover, ACI’s merger agreement with Kroger (KR) is expected to see the merged entity control about 20% of the nation’s grocery market. Read on to know more….

Agreement between two of the largest supermarket chains in the US could also make prices increase

California Attorney General Rob Bonta and his peers in several other states demanded Wednesday that Albertsons Cos. delay paying a $4-billion dividend to investors until after the company's merger with rival supermarket chain Kroger Co. is reviewed by the Federal Trade Commission.

If the Federal Trade Commission clears grocery giant Albertsons' $20 billion sale to Kroger on schedule next month, the private-equity investors who control this collection of U.S. grocery and drug store chains will have squeezed out profits nine times larger than what they invested since 2006.

Retaliatory pepper spray, excessive damages awards, and the power of the purse.

A handful of law firms are behind a spike in class-action lawsuits claiming consumers are harmed by opaque, half-full macaroni boxes and "all natural" fiber supplements.

Given the escalating price of groceries and the amount of food insecurity locally and nationally, a Senate subcommittee should move ahead quickly with hearings on the merger plan.

Nothing unsettles the average Seattleite quite like the thought of change at the local grocery store.

Reuters US Lawmakers Plan Hearing On Kroger, Albertsons' $25B Merger

The gargantuan proposed $24.6-billion merger of supermarket behemoths Kroger and Albertsons is being touted by the merger partners as a boon to consumers.