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Stocktwits on MSNKroger Charts New Course With Massive Hiring Push After Albertsons Deal Fallout: Retail Feels More BullishKroger Co (KR) shares rose 2.4% on Thursday, after the supermarket announced massive hiring plans. The largest grocery chain ...
The company has brought on a new CFO and broadened its private label offerings since the deal collapsed in December.
Cincinnati-based supermarket giant Kroger reported this month that its aborted takeover of Albertsons cost the company more than $1 billion.
Rather than dwell on the collapse of their planned consolidation, Kroger and Albertsons have redirected their attention inward, reassessing operations and sharpening competitive edges. Kroger, long ...
lays off store clerks, a first for the 89-year-old chain According to Kroger, private equity firm Cerberus Capital Management, the biggest shareholder in Albertsons, was incentivized to push the ...
Kroger and Albertsons are locked in an escalating legal dispute after their proposed $25 billion merger fell apart. Regulatory concerns over antitrust and competition led to the abrupt termination ...
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