Local unions group seeks ouster of Kroger CEO after $7.5 billion buyback plan
Some United Food and Commercial Workers (UFCW) local unions on Friday urged Kroger's board to replace CEO Rodney McMullen ...
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Kroger, Albertsons $20 billion merger blocked by federal judge who cites lack of competition
The Rural Blog The planned $20 billion merger between Kroger and Albertsons was blocked by a federal judge who “agreed with ...
Kroger CEO McMullen gives Albertsons acquisition update, explains future plans
Kroger Co. CEO Rodney McMullen talked publicly Dec. 5 about where things stand on the supermarket giant’s planned $24.6 ...
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Kroger nixes deal to merge with Albertsons
CINCINNATI — The Kroger Co. has terminated its $24.6 billion agreement to acquire Albertsons Cos., announcing the move hours ...
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Kroger is prepared to go it alone if Albertsons deal falls through, chief executive says
We’ve always made sure that we don’t need to do mergers to make our business successful,” President and CEO Rodney McMullen told investors Thursday.
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Kroger's $7.5 Billion Buyback Blitz: Eyes Lower Grocery Prices And Big Returns After Albertsons Pivot
Later yesterday, Kroger issued a statement that it looks forward to accelerating its flywheel to grow alternative profit businesses and generate increased cash flows. Rodney McMullen, Kroger’s ...
Kroger Results Mostly Weaker Than Estimates as Albertsons Deal Remains Uncertain
Kroger shares slipped Thursday after the grocery giant reported third-quarter results mostly below analysts' estimates.
Analysts revamp price targets after Kroger-Albertsons deal update
Back in 2022, grocery chains Kroger (KR) and Albertsons announced an agreement intended to establish "a national footprint to ...