Albertsons (ACI) shares declined in intraday trading Monday as the supermarket chain and Kroger (KR) agreed to sell off more stores in order to get regulatory approval for Kroger's $24.6 billion acquisition of its rival.
Grocery chains Kroger and Albertsons now plan to sell more locations and assets. Albertsons also reported strong earnings for the fiscal fourth quarter.
Kroger and Albertsons Cos said on Monday that they have amended their definitive agreement with C&S Wholesale Grocers for the sale of assets in connection with their proposed merger.
Amended Divestiture Plan Adds Stores, Facilities and Banner Names to Enhance Competition in Overlap Geographies and to Address Regulator Concerns CINCINNATI , April 22, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) and Albertsons Companies Inc. (NYSE: ACI) announced today that they have amended their definitive agreement with C&S Wholesale Grocers, LLC (C&S) for the sale of assets in connectio...
Company hiring for salaried and hourly roles in retail, supply chain, healthcare and delivery CINCINNATI , April 17, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), today announced it is seeking to hire new associates for opportunities in retail, supply chain, healthcare and delivery to meet the company's ongoing staffing needs heading into the spring season. Candidates are invited to explore r...
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