Kroger CEO McMullen gives Albertsons acquisition update, explains future plans
Kroger Co. CEO Rodney McMullen talked publicly Dec. 5 about where things stand on the supermarket giant’s planned $24.6 billion acquisition of rival Albertsons Cos. Inc. that’s being challenged by regulators and what would be next if the deal doesn’t go through.
The grocers both signaled that they are in strong financial shape and said they would devote billions of dollars to ...
In the wake of the merger’s collapse, Kroger, which entered the merger the stronger of the two companies, appears to be ...
Following on the heels of Albertsons terminating its merger agreement with Kroger, Kroger shared that it is reiterating its ...
We’ve always made sure that we don’t need to do mergers to make our business successful,” President and CEO Rodney McMullen ...
Back in 2022, grocery chains Kroger (KR) and Albertsons announced an agreement intended to establish "a national footprint to ...
Kroger (KR) is moving forward from a position of strength. Our go-to-market strategy provides exceptional value and unique omnichannel ...
Kroger shares slipped Thursday after the grocery giant reported third-quarter results mostly below analysts' estimates.
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