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 Peter Giannetti | Oct 29, 2024 | Retail Articles
Walgreens shoppers surveyed by market researcher Numerator said they are prepared to switch to other drug chains and mass merchants if impacted by the planned closure of some 1,200 Walgreens stores. Walgreens recently reported it would close 1,200 underperforming...
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...
by Mike Duff | Sep 12, 2024 | Retail Articles
Kroger remains confident about closing its proposed merger with Albertsons after adjusted earnings for its second quarter slipped but still beat an analyst estimate, while revenues gained but came up short of a forecast. Company net earnings were $466 million, or 64...
by Mike Duff | Aug 20, 2024 | Retail Articles
As part of its initiative to acquire Albertsons Cos., The Kroger Co. has filed a motion for preliminary injunction in the United States District Court, Southern District of Ohio, against the U.S. Federal Trade Commission’s administrative proceeding challenging...
