Kroger and Albertsons supermarkets are in talks to sell more than 400 stores to C&S Wholesale Grocers for nearly $2 billion as part of their proposed $25 billion merger. …
New Mexico Secretary of State Maggie Toulouse Oliver last week signed a letter with six other secretaries of state rejecting the $24.6 billion deal — a move that, if approved, will mean the combined companies will control nearly a quarter of the national food retail market. …
Sen. Elizabeth Warren of Massachusetts on Wednesday called on the Federal Trade Commission to block the deal. “More mergers and less competition would mean even higher prices—and layoffs for employees,” Warren said on Twitter. …
Kroger and Albertsons Companies, Inc. announced that they have entered into a definitive agreement under which the companies will merge two complementary organizations with iconic brands and deep roots in their local communities to establish a national footprint and unite around Kroger’s Purpose to Feed the Human Spirit. …
In support of the White House Conference on Hunger, Nutrition, and Health, Albertsons Companies, Inc. (NYSE: ACI) announced that it will contribute new goals and initiatives designed to help break the cycle of hunger and empower nutrition and health through technology and information. …
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