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The Latest Breaking News from Albertsons

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.

International Business Times

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

The Guardian - US

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.

WEKU

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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

Salon

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.

WEKU

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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 ...

Top News

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

The Independent UK

Competition cop Lina Khan’s antitrust overreach is hurting U.S. competitiveness–and destroying billions of dollars in value

Antitrust overreach is hurting America's global competitiveness, with the FTC calculating industry concentration on a purely domestic basis.

Fortune

FTC Fights Grocery Store Merger That May Bring Down Prices

Who needs better prices, products, and customer service?

Reason

"Devastating:" Kroger sells 400 stores

To prepare for their mega-merger with Albertsons, Kroger may have to sell an additional over 200 locations

Salon

Kroger, Albertsons to sell hundreds of stores in bid to clear merger of 2 of largest US grocers

Both companies plan to sell more than 400 stores, including the Mariano’s brand name.

Chicago Sun-Times

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WEKU

Aldi says it will buy 400 Winn-Dixie, Harveys groceries across the southern U.S.

Under a proposed merger agreement, Aldi will acquire all outstanding shares of Jacksonville, Florida-based Southeastern Grocers Inc., the parent company of Winn-Dixie and Harveys.

Salon

DoorDash launches SNAP/EBT payments

The company says that the program will "increase food access nationwide through on-demand grocery delivery"

Salon

Kroger makes another big payroll error

"I just want what’s supposed to be mine" said one of the impacted employees

Salon

Is the grocery industry broken?

In a world where we're forced to choose between monopolies, it becomes apparent that the grocery industry is broken

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news in one place.

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Zenger

McDonald’s Executive Slam Elon Musk In Eye-Opening Email, Say Tweets Are ‘Perpetuating Racism’

A top executive at McDonald'sVreportedly asserted that Twitter CEO Elon Musk's "free speech" agenda at Twitter

The Orange County Register

Grocery workers oppose Kroger/Albertsons ‘mega-merger’

LAKEWOOD, Calif. — Southern California grocery workers and community supporters held a rally Thursday at a Ralphs grocery in Lakewood to oppose the planned $24.6 billion merger of supermarket giants Kroger and Albertsons.

StockNews.com

3 Big Box Retailer Stocks to Stock up on Right Now

While policymakers continue to debate over the next moves on concerns of strong economic data and the recent bank crisis, the stock market is expected to remain under pressure. Due to the inelastic demand for its goods and strong consumer spending, the big-box retail sector is expected to stay afloat.…

Tribune News Service

WA Supreme Court clears way for Albertsons' $4 billion dividend

The Washington state Supreme Court has swept aside the last legal obstacle to a $4 billion dividend by Albertson to its shareholders ahead of a controversial proposed merger with rival Kroger.

Salon

Food and agriculture stories for 2023

There’s a great need for change, change that large institutions will likely fight

The Guardian - US

‘We’re really worried’: US supermarket mega-merger raises mass layoff fears

Kroger and Albertsons seek deal through Federal Trade Commission but employees say previous merger experience has them deeply concerned

Tribune News Service

Judge sides with Albertsons in fight over $4 billion investor payout

SEATTLE — A King County judge on Friday ruled that Albertsons’ plans to pay out $4 billion in dividends to shareholders can go forward amid its increasingly contentious merger with another grocery giant, Kroger.

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