The Latest Breaking News from Albertsons

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

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.

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.

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.…

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.

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

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

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.

The stock market has remained highly volatile amid the ongoing macroeconomic uncertainties. Although the economy is showing resilience, recession fears are widespread. With value investing gaining traction, we believe fundamentally sound value stocks Lockheed Martin (LMT), Cigna Corporation (CI), and Albertsons (ACI) are great additions to your portfolio now. Read…