Albertsons on Wednesday called off its $24.6 billion merger with Kroger, a day after a judge temporarily blocked the union, and sued the rival grocery chain for breach of contract. "Given the ...
The Kroger-Albertsons merger is kaput. Now what ... been saying Kroger stock could benefit from the deal being called off. They had been predicting Kroger would use a chunk of the money it ...
BOISE — Albertsons will be laying off a portion of its corporate workforce after a merger between the Boise-based grocery chain and Kroger fell through following legal challenges. “While we do ...
Wednesday is the chain's first quarterly report since the proposed merger between Albertsons and Kroger (KR) was called off last month after a pair of judges ruled against the deal. The judges ...
Albertsons is laying off corporate ... with rival grocer Kroger, said it recently turned its attention toward reducing general and administrative expenses. The planned merger between the two ...
Kroger is cutting about 200 employees across three office sites, and Albertsons is laying off more than 150 Safeway corporate workers. Kroger is cutting about 200 employees across three office ...
Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.
When Albertsons scuttled its plan to merge with Kroger last month ... work performed by recently laid off workers overseas. After betting its future on a merger plan that it knew was fraught ...