The Latest Breaking News from Kroger

Kroger and Albertsons, two of the nation’s largest grocers, have agreed to merge in a deal that would help them better compete with Walmart, Amazon and others that have stepped into the grocery business.

The deal for two of the nation's largest grocery chains is valued at $24.6 billion.

Kroger CEO Rodney McMullen said the $25 billion merger with Albertsons "advances our commitment to build a more equitable and sustainable food system".

A tie-up between Albertsons and Kroger would create a grocery chain giant with combined annual sales of more than $200 billion.

A Relative Strength Rating upgrade for Kroger shows improving technical performance. Will it continue?

Upgrades

Support for unions is on the rise as workers take action to raise pay and conditions amid booming company profits

Built on BrightDrop's Trace Platform, the temperature-controlled Trace Grocery is said to streamline order fulfillment and pickup for online grocery purchases.

BrightDrop, the General Motors Co. business focused on delivery and logistics, is introducing the eCart, a new product that will help streamline online grocery order fulfillment, the company says.

Kroger shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 72 to 82.

Leading grocery retailer Kroger (KR) reported robust second-quarter financials and raised its full-year guidance. The company’s diversified business model positions it well to stay resilient during the current uncertain market conditions. Moreover, the company has increased its quarterly dividends by 12.9% CAGR over the past five years. Thus, we think…