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The Latest Breaking News from Kroger

Americans now get a quarter of their groceries from store brands as inflation eats into purchasing power

Store brands saw the biggest growth this year in deli, pet care and produce sales as Americans deal with rising prices

The Independent UK

Do Wall Street Analysts Like Kroger Stock?

Kroger has underperformed the broader market over the past year, but Wall Street analysts remain moderately bullish about the stock’s prospects.

Barchart

Rockets, Amen Thompson distribute storm relief supplies in Houston

In the aftermath of the devastating storm that struck the Houston area on May 16, the Rockets are giving back to help residents still without power.

USA Today Sports Media Group

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Walmart wants to be the new Trader Joe's

The company, known more for "always low prices" than upscale groceries, is launching a new private label brand

Salon

This Warren Buffett Dividend Stock is Destroying the S&P 500 in 2024

This standout performer in the consumer staples sector is putting the broader market to shame this year, even as it continues to offer value in a challenging economic landscape.

Barchart

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

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

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Kroger To Close E-Commerce Facilities In Texas And Florida

Kroger closes spoke facilities in Texas and Florida, but remains committed to expanding e-commerce. Associates offered new roles.

Top News

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

After Lexington skimmer arrests, BBB offers tips on how to avoid being scammed

Two men face a total of 58 charges for allegedly installing skimmers at five Kroger stores in Lexington. Skimmers are devices installed on card readers that thieves use to collect card numbers for their use or to sell.

WEKU

Kroger Projects Strong 2024 Sales And Profit

Kroger's optimistic forecast for 2024 sales and profit reflects confidence in its strategies and industry resilience, positioning the company for continued...

Top News

Stocks Climb Before the Open as Investors Await U.S. Economic Data and Powell’s Testimony, ECB Decision in Focus

March S&P 500 E-Mini futures (ESH24) are up +0.27%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.39% this morning as investors looked ahead to further testimony from Federal Reserve Chair Jerome Powell and a fresh batch of U.S. economic data while also awaiting a policy verdict from the…

Barchart

Stocks Rise Before the Open as Investors Await U.S. Economic Data and Powell’s Testimony, ECB Decision in Focus

March S&P 500 E-Mini futures (ESH24) are up +0.17%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.22% this morning as investors looked ahead to further testimony from Federal Reserve Chair Jerome Powell as well as a policy verdict from the European Central Bank while also gearing up for…

Barchart

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Salon

Is the Kroger-Albertsons merger sunk?

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

WEKU

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.

Top News

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.

Kiplinger

Stock Market Today: Stocks Slip With Inflation Data in Focus

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

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news in one place.

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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.

Top News

FTC And States May Challenge Kroger-Albertsons Merger Deal

Regulatory bodies may challenge Kroger-Albertsons merger over antitrust concerns, potentially leading to legal action and significant implications for the ...

Salon

Why the Kroger-Albertsons merger stalled

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

Reason

ADA Doesn't Require Employer to Keep Customer-Facing Employee Whose Tourette's Leads Him to Use Slurs

The court reasoned that "excellent customer service is an essential function of [the employee's] specific delivery merchandiser position," and the employee couldn't provide it.

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