Albertsons cites GLP-1s and AI as sources for optimism amid inflationary headwinds.
Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than ...
The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...
By Ananya Mariam Rajesh (Reuters) -Albertsons executives focused on moving on from its scuttled merger with Kroger on ...
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.
What’s next for Kroger following its failed bid to buy Albertsons? Will the divorce affect Rodney McMullen’s future? Will the ...
Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's ...
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
The FTC successfully argued that the merger would raise prices by eliminating competition and weaken union bargaining power. Kroger and Albertsons countered that they needed to merge to compete ...
The grocery store operators had said they’d be able to cut prices by combining, but regulators and courts disagreed. Now they ...
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal ...
The Boise, Idaho, grocery chain reported net income of $400.6 million, or 69 cents a share, for the third quarter, up from $361.4 million, or 62 cents a share, a year earlier. Stripping out certain ...