Por: ABC7 World November 30, 2022
With the FTC's blessing, Haggen, a small supermarket chain in the Northwest with just 18 locations, bought 146 of the former Albertsons and Safeway stores, including the one where Martinez worked. Problems emerged quickly.Haggen overhauled the Valencia store and changed the branding and labels. Sales slowed and the company raised prices. The company cut hours and laid off employees. Workers began getting paid every other week, instead of... + full article
WPLG Local 10 USA Politics November 30, 2022
U.S. senators from both parties expressed skepticism Tuesday that a proposed merger between grocery giants Kroger and Albertsons would result in lower prices for consumers.“Fewer local options mean less competition to keep prices low,” said Sen. Alex Padilla, a California... + más
Albertsons asked by state AGs to delay distribution of special dividend | Fox Business
Elizabeth Warren and Bernie Sanders want to block a Kroger-Albertsons grocery empire | CNN
Los Angeles Times USA Business November 03, 2022
It should be obvious by now that the driving force of many corporate mergers, if not most or even all mergers, is the goal of enriching insiders. The pending merger of supermarket giants Albertsons and Kroger, however, injects that impulse with steroids. At the heart of the... + más
Kroger agrees to buy rival grocery company Albertsons for $24.6 billion | CNBC
Fox Business USA Business October 28, 2022
Strategic Resources Group managing director Burt Flickinger analyzes the merger between supermarket giants Kroger and Albertsons on The Claman Countdown. A handful of state attorneys general sent a letter to the CEOs of Albertsons and Kroger grocery store chains Wednesday,... + más
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Los Angeles Times USA Business October 26, 2022
California Atty. Gen. Rob Bonta and his peers in several other states demanded that Albertsons Cos. delay paying a $4-billion dividend to investors until after the company's merger with rival supermarket chain Kroger Co. is reviewed by the Federal Trade Commission in a... + más
Kroger buys Albertsons in massive supermarket merger, what it means for consumers | ABC News
Fox Business USA Business October 14, 2022
FOX Business' Jeff Flock speaks with Morning Consult Food & Beverage analyst Emily Moquin, who warns disruption in Florida fertilizer exports could impact crops nationwide. Grocery chain Kroger will buy rival Albertsons in a deal valued at $24.6 billion, the companies... + más
Kroger seeks to create grocery giant in $20B Albertsons bid | ABC News
CNBC USA Business October 14, 2022
In this articleAlbertsons and Kroger supermarketsBridget Bennett Bloomberg Getty Images; Brandon Bell Getty ImagesRival grocers and on Friday announced plans to team up.The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion.... + más
Kroger has to win over Wall Street and Washington on its Albertsons deal – here's how it plans to do that | CNBC
Kroger seeks to create grocery giant with $20 billion bid for Albertsons | Orlando Sentinel
ABC News USA Life October 14, 2022
Two major U.S. supermarkets will combine forces after a unanimous all-cash merger agreement was reached between the boards of Kroger and Albertsons.Kroger, the second largest grocery store chain, purchased the fourth largest, Albertsons, for an estimated total enterprise value... + más
Kroger, Albertsons to merge in $24.6B deal | Fox Business
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