The Latest Breaking News from Albertsons

The Kroger earnings report showed a less-than-feared decline. Kroger stock jumped as online grocery sales grow double digits.

The mixed Costco earnings report followed better-than-feared earnings from BJ's Wholesale Club and Kroger.

Albertsons has announced plans to cut $1.5 billion in spending over the next three years

Traditional supermarkets like Kroger must compete with mass merchandise and warehouse club channels, says a Morningstar analyst.

Two-week strike begins as union for King Soopers alleges surveillance of workers and pushes to gut health benefits

Albertsons Companies (ACI) is one of the largest food and drug retailers, and amid the dynamic market and evolving consumer needs, ACI’s strong market position, outstanding financials, product portfolio expansion, and innovations position it for unprecedented growth. So, let’s analyze whether it would be wise to invest in this stock.…

Albertsons has accused Kroger of sabotaging their $25 billion deal

The Federal Trade Commission's antitrust action does not benefit grocery shoppers.

Albertsons announced on Dec. 11, 2024, that it had called off an attempted merger with Kroger and would sue Kroger for breach of contract. The US$25 billion deal, first announced in 2022, would have combined Cincinnati-based Kroger, already the largest traditional U.S. supermarket chain, with Boise, Idaho-based Albertsons, which is…