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INSANE: 14 | Rare Historical Photos

Albertsons sues Kroger for $600 million over failed grocery merger

Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval of the $24.6 billion agreement

The Independent UK

Here's Why The Kroeger Albertsons Merger Was Blocked And What It Means For Consumers

A federal judge blocked Kroger's £19.58B merger with Albertsons. The judge ruled the deal would harm consumers by reducing competition.

International Business Times UK

US Courts Block Kroger's $25 Bn Supermarket Mega-merger

Two US courts ruled against supermarket giant Kroger's planned $24.6 billion acquisition of rival chain Albertsons on Tuesday, dealing an existential threat to the merger in a win for the Federal Trade Commission, which had argued the deal would harm consumers.

International Business Times

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Federal judge blocks grocery megamerger between Kroger and Albertsons over monopoly concerns

A federal judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal

The Independent UK

What are supermarket scorecards?

[Supermarket scorecards] allow us to compare how supermarkets are performing relative to each other”

Salon

What’s Behind These 3 Recent Analyst Stock Upgrades?

Three recent analyst ratings go beyond the consensus, making them a much more significant move for Wall Street analysts to consider.

MarketBeat

Dow Falls 50 Points; Kroger Posts Downbeat Sales

U.S. stocks traded mixed this morning, with the Dow Jones index falling around 50 points on Thursday.

Benzinga

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Warren Buffett's Portfolio Stock Kroger Pauses Buybacks For Albertsons Merger, Narrows FY24 Outlook

Kroger pauses share buybacks for the Albertsons merger, misses Q3 sales estimates, and narrows its FY24 EPS guidance.

Benzinga

Stocks Muted Before the Open After Tech-Led Rally, U.S. Jobs Data in Focus

December S&P 500 E-Mini futures (ESZ24) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.13% this morning, taking a breather after yesterday’s rally, while investors turned their attention to U.S. jobless claims numbers due later today and key non-farm payrolls data scheduled for Friday.

Barchart

Kroger accused of strike sabotage

“These companies rigged the system against us, undermining our right to fight for better pay and fair treatment"

Salon

Sprouts Farmers Market Hits 84th 52-Week High: Too Late to Buy?

Halfway through Wednesday trading, 140 Nasdaq stocks have hit a 52-week high. The Arizona grocery store chain has hit a 52-week high 84 times in the past 12 months. Are there more gains in the cards?

Barchart

US grocery workers hit by rising prices: ‘We’re at the bottom of the food chain’

Food store employees grapple with fewer hours and inflation – and sound alarm at merger of two largest chains

The Guardian - US

5 stalled mega mergers that could get a green light under Trump

Biden's aggressive antitrust enforcers stood in the way of deals involving names like Intel, Kroger and U.S. Steel.

Fortune

RFK Racing expands its lineup, adding Ryan Preece for 2025

RFK Racing hasn't run three full-time cars in the NASCAR Cup series since 2016, but that changes in 2025 when the team will enter the No. 60 car alongside the No. 6 driven by team co-owner Brad Keselowski and the No. 17 of Chris Buescher.

Motorsport

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Fortune

Wall Street is foaming at the mouth with all the possible mergers and acquisitions that may now go through with Trump as president

Goldman Sachs expects a 20% increase in M&A activity next year.

Salon

"Predatory": Are grocers overcharging?

Sen. Elizabeth Warren and Rep. Adam Schiff are concerned supermarkets are overcharging customers

Barchart

Kroger Stock: Is Wall Street Bullish or Bearish?

Although Kroger has slightly lagged behind the S&P 500 Index over the past year, Wall Street analysts remain moderately bullish on the stock’s prospects.

Barchart

Kroger Earnings Preview: What to Expect

Kroger is expected to release its third-quarter results in December, and analysts expect a single-digit earnings growth.

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The Independent UK

Costco recalls more items over listeria fears. What we know about the recall surge

A major recall of nearly 12 million pounds of meat and poultry that may have been contaminated with listeria has affected stores nationwide

Homes & Gardens

Craig Conover's Cozy Harvest kitchen collection is 'inspired by the simple joys of togetherness' – and everything is under $30

Bravo's Craig Conover has unveiled a fall-ready kitchen and home collection with Kroger, and we love the coastal-meets-sophisticated accessories

The Independent UK

Rashida Tlaib accuses supermarket brand of using facial recognition for surge pricing

Microsoft and Kroger have denied the use of facial recognition technology and the supermarket chain says it doesn’t engage in surge pricing

StockNews.com

Is Kroger a Buy as Its Mega Merger Faces Legal Challenges?

Kroger’s (KR) $25 billion merger with Albertsons (ACI) is in limbo as federal regulators and states push to block the deal over concerns of higher prices and reduced competition. As the legal battle heats up, the company is fighting to prove the merger’s benefits for shoppers. In this article, we’ll…

Salon

Washington, Colorado take on Kroger

The supermarkets argue mega-stores like Costco, Amazon and Walmart are their real competitors

International Business Times

Major Supermarket Chain Put Fake Weights on Foods To Charge More: District Attorney

Albertsons and Vons will pay a multi-million dollar settlement after customers complained that prices were misleading.

The Conversation

The Foodstuffs merger is dead – but that still won’t fix NZ’s over-concentrated supermarket sector

Two of the dominant players in New Zealand’s supermarket sector – Foodstuffs North Island and Foodstuffs South Island – have failed in their quest to officially join forces.

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