C&S Wholesale Grocers has filed a lawsuit against Kroger after the failed $25 billion takeover of rival Albertsons that was ...
In the lawsuit, C&S claims Kroger didn't pay the $125 million termination fee in the event the merger deal with Albertsons was cancelled, per a WSJ report.
The leadership change arrives as Kroger faces challenges such as a failed merger bid with Albertsons, a lawsuit from Albertsons, slowing sales, and new tariffs impacting food prices. Kroger board ...
California, Oregon, Illinois and five other U.S. states have asked a U.S. judge to award them legal fees for winning an order ...
The CEOs of both Kroger Co. and Albertsons Companies Inc., the two grocery giants that were involved in a failed mega-acquisition attempt, are both leaving their respective companies. Cincinnati-based ...
The recent leadership shake-ups at Kroger and Albertsons have raised questions about whether these departures are mere ...
The announcement Monday came the same day that Kroger’s CEO, Rodney McMullen, resigned after an investigation by the Cincinnati grocery company’s board into his “personal conduct.” That undisclosed ...
The chairman and CEO of Kroger, the nation’s largest grocery store chain and the parent company of King Soopers and City Market, resigned this week after an internal investigation into his ...
That said, Kroger and Albertsons stock have hovered near 52-week highs with both acting as a defensive hedge against recent market volatility. Correlating with such, investors tend to shift to ...
That said, Kroger KR and Albertsons ACI stock have hovered near 52-week highs with both acting as a defensive hedge against recent market volatility. Correlating with such, investors tend to ...