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Shares of grocery store chain Albertsons (NYSE: ACI) fell 8% on Tuesday as of 1:00 p.m. ET. Albertsons reported earnings today, and while the past quarter's results were solid, management's ...
Albertsons warns of competition from larger retailers but downplays tariff impact ‘We’re all seeing the pressures’ from the biggest retailers and club stores, CEO says ...
Albertsons Cos. provided an annual outlook that excluded the impact of tariffs, pointing to the difficulty of assessing the brewing trade war. Executives for the retailer didn’t explain on the ...
Albertsons also expects growth in scripts and immunizations as pharmacy competitors like Walgreens continue to close stores. “Launched in 2024, over 9 million customers have engaged with this in ...
Late last year, federal and state courts blocked a proposed merger between Cincinnati-based Kroger and fellow grocery behemoth Albertsons. Albertson sued, accusing Kroger of mishandling the failed ...
Kroger Co. is fighting back against a lawsuit brought by Albertsons Cos. over its failed $24.6 billion takeover of the rival grocery chain, escalating a dispute that began after US antitrust ...
March 25 (Reuters) - U.S. grocery chain Kroger (KR.N), opens new tab countersued Albertsons (ACI.N), opens new tab on Tuesday, escalating a legal battle between the companies following the ...
Kroger also claimed that Albertsons was secretly planning to sue Kroger if the deal didn’t go through long before the merger actually fell apart in December. Kroger said in Tuesday's court ...
Continued investment in its Customers for Life strategy contributed to Albertsons’ solid results in the fourth quarter and its ability to close fiscal 2024 with positive momentum, said CEO Vivek ...
Cincinnati-based Kroger Tuesday filed a countersuit against Albertsons, the latest legal fallout from a failed merger between the two grocery giants. Albertsons filed suit against Kroger after the ...
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