News Muncher - category kroger and albertsons

3 months, 2 weeks ago

"Willful breach": Albertsons hits Kroger with massive lawsuit as merger sours

Salon

The largest proposed merger in the history of American supermarkets came to an abrupt end this week after Albertsons terminated its $25 billion merger agreement with Kroger one day after a federal judge’s ruling blocked the deal. Albertsons responded to the ruling by immediately ending the merger agreement and filing a lawsuit against Kroger in the Delaware Court of Chancery …

Cnn Ruling Merger Kroger Transaction Grocery Albertsons

Albertsons sues Kroger for failing to win approval of their proposed supermarket merger

Associated Press

Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing each other of not doing enough to push their proposed alliance through. AP AUDIO: Albertsons sues Kroger for failing to win approval of their proposed supermarket merger AP correspondent Haya Panjwani reports …

Billion Federal Colorado Stores Kroger Court Judge Ftc

After court loss, Albertsons and Kroger trade accusations over demise of mega-grocery-chain deal

LA Times

Albertsons, whose stores include Vons, announced it is backing out of a planned merger with Kroger. A day after a federal judge temporarily halted the merger, Albertsons said Wednesday that it’s scrapping the controversial pairing and suing Kroger, alleging that the chain failed to do enough to win over regulators. In February, the Federal Trade Commission sued to block Kroger’s …

Food Competition Judge California Merger Federal Court Stores

3 months, 2 weeks ago

Clues to Luigi Mangione's ideology. And, courts halt Kroger and Albertsons megamerger

NPR

Clues to Luigi Mangione's ideology. toggle caption Hussein Malla/AP 🎧 "What is quite extraordinary is they seem to now be handling a relatively managed handover of power," NPR's Ruth Sherlock tells Up First. Sponsor Message Investigators and some extremism researchers are looking into whether there's evidence of a clear ideology behind the UnitedHealthcare CEO's killing after details about suspect Luigi …

Syria Regime Merger Kroger Npr Yousef Syrians

3 months, 2 weeks ago

Albertsons calls off merger and sues Kroger

CNN

New York CNN — The largest proposed merger in US supermarket history has collapsed. Albertsons said that Kroger failed to exercise its “best efforts” and to take “any and all actions” to secure regulatory approval of the merger. Kroger said Albertsons’ claims were “baseless and without merit” a deflection of Albertson’s own “multiple breaches,” and an attempt to receive a …

Merger Kroger Albertsons Kroger And Albertsons

3 months, 2 weeks ago

Proposed merger of supermarket giants Kroger and Albertsons is halted by federal, state judges

Associated Press

The proposed merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal. In Washington, Governor-elect Bob Ferguson, who brought the case against Kroger and Albertsons as the state’s attorney general, called the state court’s decision “an important victory for affordability, worker protections and the rule of law.” Federal regulators argued …

Prices Washington State Nelson Stores Kroger Ftc

3 months, 2 weeks ago

$25-billion Kroger-Albertsons merger plan is blocked by federal judge

LA Times

Albertsons, which owns Vons, and Kroger, which owns Ralphs, are pursuing a merger that would combine the two largest grocery store chains in the U.S. Kroger’s plans to buy its grocery rival Albertsons hit a major roadblock Tuesday, when a federal judge put a halt to the deal, which would be the largest supermarket merger in U.S. history. A spokesperson …

Competition Prices California Merger Nelson Walmart Stores

3 months, 2 weeks ago

Kroger and Albertsons grocery megamerger halted by two courts

NPR

Kroger and Albertsons grocery megamerger halted by two courts toggle caption Al Behrman/AP Kroger and Albertsons saw their $24.6 billion merger blocked on Tuesday by judges in two separate cases, one brought by federal regulators and the other by the Washington state attorney general. U.S. District Judge Adrienne Nelson on Tuesday ruled that the merger must halt while it undergoes …

Washington Merger Nelson Walmart Stores Kroger Sponsor Message

3 months, 3 weeks ago

"Corporate abuse": Kroger and Albertsons are in hot water over alleged strike sabotage

Salon

Supermarket chains Kroger and Albertsons, already under scrutiny for their proposed $24.6 billion merger, are now facing a new class-action lawsuit that alleges the companies conspired against unionized workers during a 2022 strike. The suit, which was filed in Colorado, accuses the companies of entering a “no-poach” agreement which illegally undermined workers’ bargaining power. Morgan claims the companies colluded to …

Companies Workers Lawsuit Colorado Merger Morgan King

5 months, 3 weeks ago

As Kroger-Albertsons merger faces FTC scrutiny, state lawsuits add further hurdles

Salon

In August, the Federal Trade Commission made a motion for a preliminary injunction against the proposed $24.6 billion merger of Kroger and Albertsons, two of the largest supermarket chains in the country. The FTC’s arguments largely centered on how they believe the merger would be anticompetitive, while representatives from Kroger and Albertsons argued the merger needed to happen in order …

Washington State Billion Colorado Merger Ferguson Stores

6 months, 1 week ago

Kroger and Albertsons prepare to make a final federal court argument for their merger

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Kroger and Albertsons were expected …

Court Oregon Washington Merger Federal Court Stores Kroger

6 months, 2 weeks ago

Shoppers and workers that stand to be affected by a Kroger-Albertsons merger weigh in

NPR

Shoppers and workers that stand to be affected by a Kroger-Albertsons merger weigh in The FTC is alleging that the proposed merger between Kroger and Albertsons would lead to higher prices for consumers and weakening the power of workers. RUBY DE LUNA, BYLINE: On a busy corner in the West Seattle neighborhood, Lisa Bath has just finished her week's shopping …

Bath Workers Prices Washington Seattle Luna Stores

7 months ago

The biggest supermarket merger in U.S. history is in the hands of a federal judge

NPR

The biggest supermarket merger in U.S. history is in the hands of a federal judge The biggest supermarket merger in U.S history is in the hands of a federal judge. MICHEL MARTIN, HOST: The biggest supermarket merger in U.S. history is in the hands of a federal judge. A MARTÍNEZ, HOST: Government regulators are asking a district court in Oregon …

Prices Federal Merger Walmart Supermarket Kroger Npr

7 months ago

Kroger and Albertsons head to court to defend merger plan against US regulators' objections

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Kroger and Albertsons will defend …

Kroger Kroger And Albertsons

7 months ago

Kroger and Albertsons defend merger plan in federal court against US regulators’ objections

Associated Press

PORTLAND, Ore. — Supermarket chain Albertsons told a federal judge Monday that it might have to lay off workers, close stores and even exit some markets if its planned merger with Kroger isn’t allowed to proceed. In Santa Fe, New Mexico, for example, 278 shoppers wrote to the FTC to express their concerns about a combined Kroger and Albertsons, which …

Price Colorado Merger Store Federal Court Wolf Stores

7 months ago

An Albertsons and Kroger merger would remake grocery shopping. A judge must decide whether to halt it.

LA Times

Grocery giants Kroger and Albertsons are facing off against the Federal Trade Commission in federal court, with the two sides fighting over the largest proposed supermarket merger in U.S. history. Kroger Chief Executive Rodney McMullen has vowed to use $1 billion in annual savings created by the proposed merger to lower shelf prices, remodel stores and improve worker wages and …

California Federal Deal Merger Store Federal Court Both Sides

8 months ago

Kroger, Albertsons agree to temporarily halt merger plans while Colorado lawsuit proceeds

Associated Press

Supermarket chains Kroger and Albertsons on Thursday agreed to temporarily halt their proposed merger in Colorado until a judge has considered the state’s objections. But Colorado Attorney General Phil Weiser sued to block the merger earlier this year, saying it would harm shoppers and workers by eliminating the competition that now exists between the 148 Kroger-owned groceries and 105 Albertsons-owned …

Colorado Merger Kroger Kroger And Albertsons

8 months, 1 week ago

How the 2024 presidential election will affect the pending Kroger–Albertsons merger.

Slate

For many Americans, their wallets will help inform their vote this November. A pending $25 billion merger between Kroger and Albertsons—two of the country’s largest grocery chains—would also drastically affect how Americans get their groceries. In a statement, a spokesperson told Slate: “Kroger’s merger with Albertsons will mean workers gain from $1 billion in higher wages, expanded benefits, long-term job …

Trump Competition Companies Workers Prices Biden Merger

8 months, 2 weeks ago

REVEALED: The 579 grocery stores at risk under the Kroger and Albertsons merger

Daily Mail

Supermarket chains Kroger and Albertsons on Tuesday released the list of almost 600 stores they would sell under merger. The FTC filed suit against a proposed $26billion merger between Kroger and Albertsons The Biden administration is arguing that the acquisition would drive up prices, hurting consumers In February, the US Federal Trade Commission sued to block the $24.6 billion merger …

Plan Merger Stores Kroger Albertsons Safeway Kroger And Albertsons

11 months ago

Kroger, Albertsons announce plans to sell hundreds more stores to gain merger approval

Salon

Kroger was dealt a big blow in February when, 16 months after the company first announced plans to acquire its competitor Albertsons, the Federal Trade Commission and eight states sued to block the $25 billion merger between two of the country’s largest supermarket chains. “If the Federal Trade Commission is successful in blocking this merger, it would be hurting customers …

Retail Union Merger Stores Kroger Ftc Grocery

11 months ago

Kroger, Albertsons — still hoping to merge — agree to sell more stores to satisfy regulators

Associated Press

Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger. The companies now plan to sell 579 Kroger and Albertsons stores in markets where they overlap to C&S Wholesale Grocers, a New Hampshire grocery supplier and operator, for $2.9 billion. In February, the …

Stores Kroger Albertsons Kroger And Albertsons Planned Merge

1 year ago

Why This Red-State Democrat Is Backing A Corporate Merger That Has Unions Furious

Huff Post

Sen. Sherrod Brown, who is facing a tough battle for a fourth term, got a surge in donations from Kroger and Albertsons executives after coming out for the merger. “This merger in particular will create additional harms to independent grocers and food producers who either compete against Kroger and Albertsons, or negotiate with them for fair compensation.” Brown has insisted …

Companies Union Company Ohio Senate Republican State

1 year ago

Simply paused or permanently sunk? The Kroger-Albertsons merger has hit a major snag

Salon

When grocery chains Kroger and Albertsons — which together own more than 5,000 supermarkets across the country, including regional chains like King Soopers, Harris Teeter, Safeway, Mariano’s and Vons — first announced plans to merge in 2022, they promoted the idea by saying that in combining forces as the nation’s biggest and second biggest American grocery companies, they could lower …

Jobs Competition Workers Union Wages Merger Kroger

1 year, 1 month ago

Why does the US government think a Kroger-Albertsons merger would be bad for grocery shoppers?

Associated Press

Kroger and Albertsons — two of the biggest grocery chains in the United States — had hoped to complete the largest supermarket merger in the country’s history this year. On Monday, the U.S. Federal Trade Commission filed an administrative complaint against Kroger’s $24.6 billion deal to acquire Albertsons and a federal lawsuit that asks a judge to block the merger …

Competition Workers Prices Oregon Federal Colorado Merger

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Articles for Kroger And Albertsons

"Willful breach": Albertsons hits Kroger with massive lawsuit as merger sours

Albertsons sues Kroger for failing to win approval of their proposed supermarket merger

After court loss, Albertsons and Kroger trade accusations over demise of mega-grocery-chain deal

Clues to Luigi Mangione's ideology. And, courts halt Kroger and Albertsons megamerger

Albertsons calls off merger and sues Kroger

Proposed merger of supermarket giants Kroger and Albertsons is halted by federal, state judges

$25-billion Kroger-Albertsons merger plan is blocked by federal judge

Kroger and Albertsons grocery megamerger halted by two courts

"Corporate abuse": Kroger and Albertsons are in hot water over alleged strike sabotage

As Kroger-Albertsons merger faces FTC scrutiny, state lawsuits add further hurdles

Kroger and Albertsons prepare to make a final federal court argument for their merger

Shoppers and workers that stand to be affected by a Kroger-Albertsons merger weigh in

The biggest supermarket merger in U.S. history is in the hands of a federal judge

Kroger and Albertsons head to court to defend merger plan against US regulators' objections

Kroger and Albertsons defend merger plan in federal court against US regulators’ objections

An Albertsons and Kroger merger would remake grocery shopping. A judge must decide whether to halt it.

Kroger, Albertsons agree to temporarily halt merger plans while Colorado lawsuit proceeds

How the 2024 presidential election will affect the pending Kroger–Albertsons merger.

REVEALED: The 579 grocery stores at risk under the Kroger and Albertsons merger

Kroger, Albertsons announce plans to sell hundreds more stores to gain merger approval

Kroger, Albertsons — still hoping to merge — agree to sell more stores to satisfy regulators

Why This Red-State Democrat Is Backing A Corporate Merger That Has Unions Furious

Simply paused or permanently sunk? The Kroger-Albertsons merger has hit a major snag

Why does the US government think a Kroger-Albertsons merger would be bad for grocery shoppers?