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The Latest Breaking News from Albertsons

Harris Joins the FTC's Food Fight Against Kroger-Albertsons Merger

Amid rising grocery costs, the FTC's fight against the merger may end up hurting the very consumers it's supposed to protect.

Reason

Kroger pauses massive merger with rival grocery chain after numerous lawsuits and regulatory challenges

Merger would have been the largest supermarket deal in history

The Independent UK

Grocery's biggest merger stuck in limbo

The merger of two of the country's biggest supermarkets now faces both state and federal legal hurdles

Salon

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Kroger and Albertsons reveal list of grocery stores at risk of sale under merger

In addition to the stores, the companies have also offered to sell six distribution centers and a dairy plant in Colorado

The Independent UK

Biden busts monopolies, Trump just talks

“Antitrust enforcement during the Biden administration has been extremely vigorous," one policy expert told Salon

Salon

3 Value Stocks With Strong Fundamentals to Buy Now

Value investing is highly favored as it focuses on purchasing undervalued stocks with solid fundamentals, providing the potential for high returns with lower risk and a disciplined, long-term approach. Therefore, it could be wise to invest in fundamentally sound, value stocks Expedia Group (EXPE), Incyte (INCY), and Albertsons Companies (ACI)…

StockNews.com

Is the Kroger-Albertsons merger back on?

The FTC sued to block the $25 billion merger between two of the country’s largest supermarket chains

Salon

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Companies are using inflation to price-gouge Americans – and making it worse

Thanks to near-monopolies in many industries, corporations are seeing record profits as consumers struggle with high prices

The Guardian - US

Labor rights? Whatever. TikTok frenzy over Trader Joe’s mini tote bags

High prices, mega mergers and union busting are just water under the bridge judging from the scramble for a new bag

The Guardian - US

FTC Challenge To Kroger-Albertsons Deal Set For August Hearing

FTC challenges Kroger-Albertsons merger over competition concerns. Judge to hear arguments in August.

Top News

Is the Kroger-Albertsons merger sunk?

Ninety percent of companies that fail to block preliminary injunctions abandon their merger plans, experts say

Salon

Young Michigan voters are 'uncommitted' to Biden; U.S. airman dies of self-immolation

Michigan voters critical of Biden's support of Israel call on people to vote "uncommitted" in the state's primary. An Oxford scholar explains the history of self-immolation as political protest.

WEKU

FTC Sues To Block Billion Kroger-Albertsons Merger

FTC sues to block billion Kroger-Albertsons merger over consumer concerns. Ongoing dispute underscores FTC's commitment to fair competition.

Top News

Stock Market Today: Stocks Slip With Inflation Data in Focus

Amazon closed lower on its first day as a Dow Jones stock.

Kiplinger

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Top News

Unions Applaud FTC Lawsuit Against Kroger-Albertsons Merger

Unions support FTC's lawsuit against Kroger-Albertsons merger to protect competition, workers, and consumers in the grocery industry.

International Business Times

US Regulator Sues To Block $24.6 Bn Kroger Supermarket Deal

US antitrust officials filed a lawsuit Monday to block Kroger's proposed $24.6 billion takeover of Albertsons on Monday, saying the supermarket acquisition would harm consumers.

The Guardian - US

Largest-ever US supermarket merger faces block over fears of price hikes

FTC argues Kroger’s $24.6bn takeover of Albertsons would narrow consumer choice and weaken quality of products

WEKU

FTC and 9 states sue to block Kroger-Albertsons supermarket merger

The Federal Trade Commission and 9 states want to stop the deal that would combine the country's two largest grocery store chains. The companies say they have to merge to compete with Walmart.

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news in one place.

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Salon

Why the Kroger-Albertsons merger stalled

"Kroger and ACI have decided that collusion is more profitable than competition,” said Colorado's attorney general

Salon

Kroger-Albertsons merger date delayed

Attorney General Bob Ferguson sued to block the megamerger, alleging that it would be more harmful than beneficial

WEKU

Warning of higher grocery prices, Washington AG sues to stop Kroger-Albertsons merger

"Shoppers will have fewer choices and less competition, and, without a competitive marketplace, they will pay higher prices at the grocery store," Washington state attorney general Bob Ferguson said.

WEKU

Will the feds block a grocery megamerger? Kroger and Albertsons will soon find out

America's two largest supermarket chains have struck a $25 billion deal to combine. Now the FTC is about to decide whether it will block or allow it, and under what conditions.

Top News

Christmas Shopping Frenzy: What Stores Are Open on Christmas?

'Tis the season to check which stores are open on Christmas! From Walmart to Starbucks, find out if your favorite retailers are spreading holiday cheer or ...

The Independent UK

What stores are open and closed on Christmas Day in 2023? Hours for Walmart, Kroger, CVS and more

With Christmas right around the corner, you might want to check the list of what stores are open (and closed) twice

The Independent UK

What stores are open and closed on Christmas Eve? See hours for Walmart, CVS, Costco and more

Christmas Eve is almost here

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