Senator Elizabeth Warren and Congressman Adam Schiff have called on the FTC and the Department of Agriculture to investigate Albertsons and other large grocery chains for potential unfair pricing.
Sen. Elizabeth Warren (D-Mass.) and Rep. Adam Schiff (D-Calif.) are calling on administration officials to investigate Albertsons and other major grocery chains for “predatory practices” they ...
The multitude of court cases surrounding Kroger Co.’s efforts to acquire rival Albertsons Cos. Inc. for $24.6 billion are finally coming to a close. But there are more steps to come. STORY ...
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Two top Kroger Co. executives took the stand Monday in the Denver District Court antitrust trial seeking to block the grocer’s $24.6 billion merger with Albertsons Cos., arguing the combination ...
Albertsons Cos. Inc. shares are up 1% in premarket trades Tuesday after the grocery chain reported better-than expected second-quarter revenue and earnings. The Boise, Idaho-based company had net ...
I have long had conflicting thoughts about the deal. Having said that, I have been very bullish about Albertsons Companies in general. On the one hand, the transaction goes through and shares spike.
As the grocer continues to defend itself in court against three antitrust lawsuits aiming to block its acquisition by Kroger, Albertsons stock jumped about 1% on Tuesday, following the release of ...
Albertsons' identical sales increased 2.5%, with digital sales up 24%, while lower fuel sales offset overall gains. CEO Vivek Sankaran highlighted headwinds from wage investments, lower-margin ...
Jozette Leal, left, holds a placard as the 20-year-veteran of toiling at Safeway joins fellow union members in a protest against the proposed merger of grocery store chains Kroger and Albertsons ...
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today reported results for the second quarter of fiscal 2024, which ended September 7, 2024. Second Quarter of ...