Albertsons News Updates

Business, Private

Kroger CFO Departs During Uncertainty on Albertsons Merger

Kroger Co. said Feb. 5 that its chief financial officer is leaving for another company as the supermarket operator waits for regulators’ ruling on its proposed merger with Albertsons Cos.

February 6, 2024
Government, Business, Private

Washington State Sues to Block Kroger-Albertsons Merger

SEATTLE — Washington state Attorney General Bob Ferguson on Jan. 15 sued to block the proposed merger of Kroger and Albertsons, two of the nation’s largest grocery chains.

January 16, 2024
Government, Business

Kroger, Albertsons Bracing for January FTC Decision on Deal

Kroger Co. and Albertsons Cos. are bracing for a Federal Trade Commission lawsuit over their $24.6 billion tie-up as soon as January as opposition builds against the supermarket megadeal.

December 14, 2023
Government, Business, Private

California Eyes Lawsuit to Block Kroger-Albertsons Deal

California is preparing a lawsuit to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on concerns the deal could hurt consumers and workers, Attorney General Rob Bonta said.

October 12, 2023
Government, Business, Private

Kroger and Albertsons to Sell 413 Stores to C&S

Kroger Co. and Albertsons Cos. agreed to sell 413 stores to C&S Wholesale Grocers in a divestiture designed to help win antitrust approval for their $24.6 billion merger.

September 8, 2023
Government, Business, Private

Kroger, Albertsons In Talks to Sell Stores to C&S, SoftBank

Kroger Co. and Albertsons Cos. are selling some of their stores in an effort to win regulatory approval for their $25 billion merger, according to people familiar with the matter.

September 7, 2023
Government, Business, Private, TCA

Kroger, Albertsons CEOs Give Details on Proposed Merger

Kroger CEO Rodney McMullen and Albertsons CEO Vivek Sankaran made a number of pledges to their customers and employees if their proposed grocery merger prevails.

August 25, 2023
Government, Business, Private, TCA

Kroger-Albertsons Merger Draws Protest From State Officials

The proposed merger of food retail giants Kroger and Albertsons has elicited criticism from seven secretaries of state.

August 22, 2023
Government, Business, Private

Kroger CEO Vows Legal Fight for Albertsons Deal if Necessary

Kroger Co. said it’s committed to hunkering down for a long legal battle if U.S. regulators attempt to block its $24.6 billion acquisition of Albertsons Cos.

May 11, 2023
Business, Private

Albertsons Eyes Higher Wages, Tougher Consumer Backdrop

Albertsons Cos. is anticipating higher labor costs and “a more difficult consumer environment” in a new sign of caution from big U.S. retailers.

April 11, 2023