Author: Steve Watkins

Kroger Co. could bring in someone from the outside as CEO for the first time in its history if multiple analysts’ suggestions for the identity of the grocery giant’s next leader come to fruition. However, an internal candidate with Houston ties also co…

Just hours after Albertsons terminated the agreement calling for Kroger Co. to buy the company, Kroger also terminated the deal while launching plans to repurchase of billions of dollars in stock.

Kroger’s planned $24.6 billion acquisition of rival Albertsons has been terminated, and Albertsons has sued Kroger, blaming it for the deal collapsing after two court rulings rejected the deal.

A federal judge blocked Kroger Co.’s planned $24.6 billion acquisition of Albertsons Cos. Inc. in a court decision handed down Dec. 10.

Kroger CEO Rodney McMullen talked publicly about where things stand on the company’s planned $24.6 billion acquisition of Albertsons and what would be next if the deal doesn’t go through.

Kroger and Albertsons go to court in a much-awaited hearing that likely will determine whether their $24.6 billion deal can proceed. Here’s what to know.

The grocery business is coming under fire from the Federal Trade Commission as it launches an investigation into potential price gouging.

An out-of-state judge put a temporary halt to Kroger Co.’s planned $24.6 billion acquisition of rival Albertsons Cos. Inc.

Kroger has listed the 579 stores it plans to sell to C&S Wholesale in an effort to land approval from antitrust regulators for its $24.6 billion Albertsons deal.

The Federal Trade Commission slammed Kroger Co., Walmart and other large grocery companies in a new report for making the negative effects of the Covid pandemic and supply chain issues worse for consumers than they needed to be.