With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.
Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new ...
Kroger President and CEO Rodney McMullen told investors on a call ... a sign that investors lost faith in the merger proposal. Albertsons’ stock closed Tuesday at $18.51. Idaho Capital Sun ...
What’s next for Kroger following its failed bid to buy Albertsons? Will the divorce affect Rodney McMullen’s future? Will the ...
The failure of the Kroger-Albertsons merger exposed serious problems at QFC, a leader in Seattle's grocery industry before it ...
Kroger President and CEO Rodney McMullen told investors that the ... in the face of regulatory opposition to the merger and ignored Albertsons’ suggestions for how to get the deal approved.
Albertsons’ breach-of-contract claims, filed in a Delaware chancery court Dec. 11, allege Cincinnati-based Kroger “put itself ...
Conversely, Kroger’s CEO Rodney McMullen has expressed confidence ... to stay ahead,” he elaborated. Albertsons is terminating its controversial merger agreement with Kroger and suing its ...
The union that covers Kroger's in-store workers is calling on the company's board to fire CEO Rodney McMullen following the failed merger with Albertsons. STORY HIGHLIGHTS The union representing ...
Some United Food and Commercial Workers (UFCW) local unions on Friday urged Kroger's board to replace CEO Rodney McMullen following the company's announcement of a $7.5 billion stock buyback plan ...
The grocery industry is reeling this week from the collapse of the proposed $25 billion merger of ... represents 37,000 Kroger workers, has even called for Kroger CEO Rodney McMullen to step ...
So let's thank the supermarket giants Kroger and Albertsons, whose $24.6-billion merger has collapsed ... more associates and more communities,” Kroger Chief Executive Rodney McMullen said then.