by Mike Duff | Dec 12, 2024 | Retail Articles
Kroger Co. reported it has terminated its merger agreement with Albertsons and provided an overview of its next steps after Albertsons announced it had withdrawn from the proposed deal. The moves come after the United States District Court in Oregon granted the U.S....
by Mike Duff | Dec 11, 2024 | Featured News, Retail Articles
A United States District Court in Oregon has blocked the merger of The Kroger Co. and Albertsons Cos., citing the combination’s threat to grocery sector competition. In a response, Albertsons announced it has terminated the merger agreement and filed suit against...
by Mike Duff | Dec 5, 2024 | Retail Articles
The Kroger Co. posted positive identical sales and adjusted earnings despite lower overall sales in its third quarter as it continues to address litigation and regulatory action related to its proposed merger with Albertsons Cos. Company net earnings were $618...
by Mike Duff | Nov 20, 2024 | Retail Articles
Despite lower comparable sales, Williams-Sonoma beat Wall Street earnings and revenue estimates, and the company noted that newness at its stores has helped position it for the holidays. Net earnings of $249 million, or $1.96 per diluted share, versus $237.3 million,...
by Mike Duff | Oct 15, 2024 | Retail Articles
As its merger with The Kroger Cos. continues to face opposition from the United States government, Albertsons beat Wall Street estimates on earnings and revenues, as identical sales gained. Net income was $145.5 million, or 25 cents per diluted share, compared to...
