The Latest Breaking News from Rodney McMullen

Since Labor Day, Kroger has blamed a "glitch" in its new payroll system for incomplete and late paychecks

Given the escalating price of groceries and the amount of food insecurity locally and nationally, a Senate subcommittee should move ahead quickly with hearings on the merger plan.

The gargantuan proposed $24.6-billion merger of supermarket behemoths Kroger and Albertsons is being touted by the merger partners as a boon to consumers.

Kroger announced plans to acquire Albertsons Companies Friday in a $24.6 billion deal that could reshape the grocery market across the country, where the two chains are among the biggest grocers.

Kroger Co. agreed to buy Albertsons Cos. in a deal with an enterprise value of $24.6 billion that would create a U.S. grocery giant with almost 5,000 stores and annual revenue of about $200 billion.

Kroger Co (NYSE:KR) Board of Directors approved a dividend increase of 24% from $0.84 to $1.04 per year.  The next quarterly dividend of $0.26 per share will be paid on September 1, 2022, to shareholders of record as of the close of business on August 15, 2022. Related: Kroger Q1 Earnings Top Estimates; Raises…

Longtime activist investor Carl Icahn has warned of the looming fallout of corporate America on the back of poor management.