The Latest Breaking News from Rodney McMullen

Kroger and Albertsons seek deal through Federal Trade Commission but employees say previous merger experience has them deeply concerned

Since Labor Day, Kroger has blamed a "glitch" in its new payroll system for incomplete and late paychecks

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.

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.

Kroger announced plans to acquire Albertsons Companies Friday in a $24.6 billion deal that could reshape the grocery market across the country, where the two chains are among the biggest grocers.

Kroger Co. agreed to buy Albertsons Cos. in a deal with an enterprise value of $24.6 billion that would create a U.S. grocery giant with almost 5,000 stores and annual revenue of about $200 billion.

Kroger Co (NYSE:KR) Board of Directors approved a dividend increase of 24% from $0.84 to $1.04 per year.  The next quarterly dividend of $0.26 per share will be paid on September 1, 2022, to shareholders of record as of the close of business on August 15, 2022. Related: Kroger Q1 Earnings Top Estimates; Raises…

Longtime activist investor Carl Icahn has warned of the looming fallout of corporate America on the back of poor management.