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Albertsons gives up on merger, sues Kroger
Kroger and Albertsons look ahead after merger deal collapses
The grocers both signaled that they are in strong financial shape and said they would devote billions of dollars to repurchase shares from investors.
Kroger CEO moves on from Albertsons merger, launches $7.5B share buyback
Kroger is buying back billions of dollars in stock, putting to use some of the capital it was planning to use in a megadeal.
Albertsons sues Kroger after merger blocked by federal court
When CEO Rodney McMullen said Kroger would be fine without approval of its merger with Albertsons, I asked “But how does Albertsons feel about that?”
Drug Store News
6h
Kroger reiterates commitment to lower prices, raise wages after Albertsons calls off merger
Following on the heels of Albertsons terminating its merger agreement with Kroger, Kroger shared that it is reiterating its ...
35m
on MSN
Kroger’s stock is on pace to close at record high as Albertsons deal dies. It faces these questions ahead.
Free from the financial burdens of trying to buy rival Albertsons, shares of supermarket giant Kroger were sitting at new highs on Thursday.
grocerydive
7d
Kroger is prepared to go it alone if Albertsons deal falls through, chief executive says
We’ve always made sure that we don’t need to do mergers to make our business successful,” President and CEO Rodney McMullen ...
1d
on MSN
Analysts revamp price targets after Kroger-Albertsons deal update
Back in 2022, grocery chains Kroger (KR) and Albertsons announced an agreement intended to establish "a national footprint to ...
Diginomica
3d
Kroger's "seamless shopping experience" - why digital and tech spend remains in the corporate basket
Kroger CEO Rodney McMullen credits over a decade of digital innovation and implementation for ongoing success.
22h
Kroger CEO expects further investment in store network
Kroger (KR) is moving forward from a position of strength. Our go-to-market strategy provides exceptional value and unique omnichannel ...
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