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 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 ...
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 leadership switch comes at a crucial time: Hours after Kroger's announcement about McMullen, Albertsons disclosed that its CEO Vivek Sankaran would retire on May 1, noting his decision was “not ...
The recent leadership shake-ups at Kroger and Albertsons have raised questions about whether these departures are mere ...
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 ...
Kroger, the nation's largest grocery chain, said Monday that the investigation into McMullen's personal conduct was unrelated to the business, but was found to be inconsistent with its business ...
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 ...
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 ...