Kroger Co. and Albertsons Cos. are finally getting their day in court. Nearly two years after the acquisition was announced, the grocery giants on Aug. 26 started a federal court hearing in Portland, Ore., on the U.S. Federal Trade Commission’s bid to block the $24.6 billion deal.
August 26, 2024Kroger News Updates
Kroger-Albertsons Deal Heads to Court With Food Price Focus
Albertsons Sued for Allegedly Copying Startup’s Software
Albertsons Cos. was sued by an e-commerce software maker that claims the grocery chain conducted trials with its product for three years only to steal its trade secrets to build its own system.
August 19, 2024Kroger 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, 2024Kroger and Albertsons Spend More Than $800M on Merger Fees
Kroger Co. and Albertsons Cos. have spent more than $800 million on fees paid to lawyers, bankers and advisers for their proposed merger.
August 13, 2024Kroger, Albertsons Unveil Stores to Be Divested Before Trial
Kroger Co. released the full list of stores, distribution centers and plants it plans to divest to secure regulatory approval for the proposed merger with Albertsons Cos.
July 9, 2024Kroger, Albertsons Agree to Divest More Stores
Kroger Co. and Albertsons Cos. agreed to divest more stores to C&S Wholesale Grocers, seeking to make their planned $24.6 billion merger more appealing to antitrust authorities.
April 22, 2024Kroger Closing Three E-Commerce Facilities in Texas, Florida
NEW YORK — Kroger is shuttering three spoke facilities in its Texas and Florida e-commerce operations, the grocery chain confirmed this week.
March 28, 2024Colorado Court Schedules Kroger-Albertsons Hearing in August
A Colorado court scheduled a preliminary injunction hearing on supermarket giant Kroger Co.’s proposed acquisition of rival Albertsons Cos. in mid-August.
March 25, 2024FTC Sues to Block Kroger’s $24.6 Billion Albertsons Deal
The Federal Trade Commission, eight states and Washington, D.C., sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. on Feb. 26.
February 26, 2024FTC, States Expected to Sue Over Kroger-Albertsons Deal
The U.S. Federal Trade Commission and a group of states are poised to sue to block the tie-up between supermarkets Kroger Co. and Albertsons Cos., according to people familiar with the plans.
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