Latest News Updates From Jaewon Kang

GovernmentBusinessPrivate

Kroger Doubles Price Cut to $1 Billion Post-Albertsons Merger

Kroger Co. has pledged to cut grocery prices by $1 billion, doubling its initial promise, as it seeks to win regulatory approval for its $25 billion merger with Albertsons Cos.

August 15, 2024
BusinessLogisticsPrivate

Walmart Expects E-Commerce Profits Within Two Years

Walmart Inc. said it expects to generate profits in its U.S. e-commerce business within the next two years.

June 7, 2024
BusinessTechnologyLogistics

New Target Membership Plan Will Offer Free Same-Day Delivery

Target Corp. is launching a new paid membership program, moving to catch up with rivals whose own subscription plans are well established.

March 5, 2024
BusinessPrivate

Kroger CFO Departs During Uncertainty on Albertsons Merger

Kroger Co. said Feb. 5 that its chief financial officer is leaving for another company as the supermarket operator waits for regulators’ ruling on its proposed merger with Albertsons Cos.

February 6, 2024