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Kroger

FTC sues to block Kroger-Albertsons merger

FTC sues to block Kroger-Albertsons merger

WASHINGTON — The Federal Trade Commission has filed a lawsuit to block Kroger’s proposed $25 billion merger with Albertsons Cos., contending that consumers will see higher prices and workers will see lower wages if the deal goes through. “This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over

Second lawsuit aims to block merger

DENVER — Colorado attorney general Phil Weiser has filed a lawsuit aiming to block Kroger’s planned $25 billion merger with Albertsons Cos., arguing that the deal “would lead to stores closing, higher prices, fewer jobs, worse customer service and less resilient supply chains.” Kroger and Albertsons responded in a joint statement that they were “disappointed

McMullen hailed as Retailer of the Year

McMullen hailed as Retailer of the Year

CINCINNATI — The editors of Mass Market Retailers have named Rodney McMullen the publication’s Retailer of the Year. The recognition for Kroger’s chairman and chief executive officer will rightly be linked to the company’s pending $24.6 billion merger with Albertsons Cos., but the deal is only one aspect of the work that McMullen has done

Amazon is tops in personalization

CHICAGO — A “special edition” of the dunnhumby Retailer Preference Index (RPI) places Amazon, H-E-B and Kroger atop the latest rankings of grocery retailers in terms of their abilities to personalize shopping experience to best serve shoppers. The inaugural RPI for Leadership in Personalization finds that Amazon stands apart from all other retailers, dunnhumby says

Kroger vows more space for local products

Kroger vows more space for local products

CINCINNATI — Kroger Co. said Tuesday that it commit to making more local products available to its customers following its proposed merger with Albertsons Cos. Once the deal is consumated, the combined company will increase the number of local products in its stores by 10%, which equates to at least of 30 new local products

Kroger, Albertsons reveal divestiture plan

Kroger, Albertsons reveal divestiture plan

  CINCINNATI — The Kroger Co. and Albertsons Cos. today announced that they have entered a definitive agreement with C&S Wholesale Grocers LLC for the sale of 413 stores and other assets in connection with the supermarket retailers’ proposed merger. The agreement also calls for Keene, N.H.-based C&S Wholesale to acquire three banners, eight distribution

Kroger, Albertsons reportedly close to divestiture deal

Kroger, Albertsons reportedly close to divestiture deal

NEW YORK – C&S Wholesale Grocers is reportedly in talks to potentially buy grocery stores from Kroger and Albertsons as the retailers pursue regulatory approval of a proposed merger that could require divestiture of hundreds of supermarkets. News of the talks was first reported by Bloomberg News and picked up by other media outlets.  Reuters,

Kroger subscriptions yield ‘promising results’

CINCINNATI — In the year since Kroger Co. introduced paid subscription memberships to accelerate its e-commerce growth, the program saved members more than $115 million, the retailer announced last month. Boost by Kroger Plus was launched in just four of the retailer’s divisions — Cincinnati-Dayton, Columbus, Atlanta and Central (Indianapolis). The two-tiered program offers various

Kroger’s first quarter sales and earnings beat forecasts

CINCINNATI — Kroger Co.’s first quarter same-store sales and net earnings beat analysts’ projections, and the company reaffirmed its guidance for the year. Identical-store sales, excluding fuel, increased by 3.5% for the quarter, topping analysts’ average forecast of a 3.27% gain. Kroger said identical-store sales would have increased by 5.0% had it not been for

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