Investing.com -- Kroger (NYSE:KR) has lowered its forecast for sales growth excluding gas, as the supermarket chain said it faces "near-term economic pressures and food-at-home disinflation ...
Kroger Co. (KR) posted stronger-than-expected second quarter earnings Friday as a surge in online food sales during the ... ahead of the Street consensus forecast of 54 cents per share.
Trial began early this week between Kroger and the Federal Trade Commission. The FTC is suing to block a Kroger-Albertsons ...
During the hearing, the commission's lawyers suggested that the merger would hurt competition in certain areas where the two are each other's primary rivals.
The two companies proposed joining forces in October 2022 after Kroger agreed to purchase Albertsons. The Federal Trade Commission sued early this year to prevent the deal, alleging the merger would ...
Kroger and other grocers have benefited from periods of higher inflation as they passed down price increases to consumers.
In recent decades, Kroger has turned to the application of data, advanced analytics, and now AI, to fuel the next stages of ...
Upon completion, Kroger would operate more than 4,400 supermarkets (up from 2,700) generating about $208 billion in annual sales (compared to $150 billion ... twice its previous forecast. To keep ...
The largest proposed grocery store merger in U.S. history is going to court. Here's what to know about the potential ...
The chief executive officers of Kroger and Albertsons insisted Wednesday — under questioning from the federal government — ...
The FTC alleges the merger between the two supermarket companies would eliminate competition and raise grocery prices for ...
The Federal Trade Commission contends the $24.6 billion deal would eliminate competition and lead to higher food prices for ...