Federal Trade Commission officials say the deal will decrease competition among grocery stores, leading to higher prices and poorer quality.
PORTLAND, Ore. — The chief executive officer of Kroger insisted Wednesday that merging with rival Albertsons would allow the two supermarket companies to lower prices and more effectively ...
Closing arguments in FTC's case in Oregon to be heard on Sept. 17; Washington state case to block grocery merger begins Sept.
Kroger reported $466 million in Q2 2024 earnings, with year-to-date earnings of $1.4 billion nearly doubling from 2023—sky-high totals that coincide with criticism that some grocery retailers continue ...
John Blank, Chief Equity Strategist at Zacks Investment Research, discusses Kroger's flat performance and its merger with Albertsons to compete with Walmart. He notes the FTC's scrutiny and the ...
On Thursday, Jefferies made adjustments to its outlook on Kroger Co (NYSE: NYSE:KR), increasing the supermarket chain's price target from $53.00 to $54.00 while maintaining a Hold rating on the stock.
On Thursday, Jefferies made adjustments to its outlook on Kroger Co (NYSE: NYSE:KR), increasing the supermarket chain's price target from $53.00 to $54.00 while maintaining a Hold rating on the stock.
“The day that we merge is the day that we will begin lowering prices,” Kroger Chief Executive Rodney McMullen said in a federal court hearing this week. Will shoppers, who have been frustrated ...
As Kroger and Albertsons push to advance the biggest supermarket merger in U.S. history, the companies’ chief executives have ...
Consumer price index, annual percent change, not seasonally adjusted: March: 3.5 April: 3.4 May: 3.3 June: 3.0 July: 2.9 Aug. (est.): 2.6 Grocery store chain Kroger reports its latest results ...