Albertsons cuts corporate staff

Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal. The merger, announced in 2022, sought to combine the fifth and ...
Albertsons is laying off corporate and division support employees around the country, a spokesperson for the company told the ...
Albertsons announced it is pulling out of its plans to merge with Kroger, citing two court rulings barring the transaction.
Albertsons on Wednesday called off its $24.6 billion merger with Kroger, a day after a judge temporarily blocked the union, and sued the rival grocery chain for breach of contract. "Given the ...
Two years, a failed merger ... said Kroger stock could benefit from the deal being called off. They predicted Kroger would use a chunk of the money it had planned to apply to acquiring ...
US grocery retailer Albertsons’ efforts to increase its customer value proposition – and investor appeal in the wake of its ...