Albertsons, Kroger
Kroger and Albertsons merger needed to close the gap with Walmart, executives testify
Two top Kroger Co. executives took the stand Monday in the Denver District Court antitrust trial seeking to block the grocer’s $24.6 billion merger
Colorado’s trial against the Kroger-Albertsons merger wraps up next week. Here’s four things you should know.
Supermarket giants Kroger and Albertsons have been locking horns with Colorado’s attorney general for nearly three weeks as the companies defend their $25 billion merger in Denver district court.
In Colorado, Safeway would be owned by 2 companies post merger. Neither would be Albertsons.
Highlights of Week 2 in Colorado’s antitrust case to block the Kroger-Albertsons merger include more on who might take over the Safeways.
Colorado rests case challenging Kroger, Albertsons merger
The state attorney general sued in February to block Kroger’s proposed $24.6 billion purchase of Albertsons that would merge two of the state’s largest grocers.
Who's Susan Morris? Albertsons exec from Denver would run merger’s divested stores
Since the first day of trial in Colorado, lawyers for Kroger and Albertsons have repeatedly brought up the name of a grocery executive they believe has the adequate experience to
Kroger-Albertsons merger needed to close pricing gap with Walmart, executives testify
McMullen and Aitken emphasized that Walmart, with 3.5 times the grocery sales of Kroger, is the key competitor not Albertsons. Kroger has built its business strategy entirely around matching Walmart’s prices and staying ahead of a host of other rivals like Costco,
Albertsons price target lowered to $19 from $21 at BMO Capital
BMO Capital lowered the firm’s price target on Albertsons to $19 from $21 and keeps a Market Perform rating on the shares.
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Albertsons Companies Remains One Of The Best Risk-To-Reward Prospects In This Market
I have long had conflicting thoughts about the deal. Having said that, I have been very bullish about Albertsons Companies ...
Albertsons’ stock climbs on Q2 earnings and revenue beat
Albertsons Cos. Inc. shares are up 0.7% in premarket trades Tuesday after the grocery chain reported better-than expected ...
Albertsons Faces Challenges Amid Pharmacy Growth and Grocery Market Share Loss, Leading to Hold Rating
Kelly Bania, an analyst from BMO Capital, maintained the Hold rating on Albertsons Companies (ACI – Research Report). The associated ...
Albertsons FQ2 results beat expectations, issues warning on 'competitive backdrop'
Driven by increased sales in its digital channel and pharmacy operations, Albertsons Companies’ (NYSE:ACI) total sales ...
Albertsons Q2 Sales Rise, But CEO Expects Competitive And Margin Pressure In 2024
Albertsons Companies Inc (NYSE:ACI) reported second-quarter sales growth of 1.43% year-over-year to $18.55 billion, beating ...
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Why Mondelez Piloted A Shopper Marketing Test Between Albertsons And Fetch
Data-driven shopper marketing, it’s bringing people together. And not just ad tech vendors. Consider a recent campaign collaboration test between Mondelez, the shopping rewards app Fetch and ...