Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
NEW YORK — Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn't do enough to secure regulatory approval for the $24.6 billion agreement.
Grocery store merger between Albertsons and Kroger on hold
A federal judge and a state judge overseeing two separate cases have halted the proposed merger of supermarket giants Kroger and Albertsons, claiming the deal would drive up prices for customers. Kroger and Albertsons claim they need to join forces in order to better compete with stores like Walmart, Amazon, and Costco.
The partnership is intended to make it easier for brands to reach shoppers with digital advertising in more than 400 retail ...
NEW YORK, Dec. 11, 2024 /PRNewswire/ -- Grocery TV, a leading in-store retail media platform, today announced its partnership ...
Midwest retailer Hy-Vee is partnering with Grocery TV to use its tech in over 400 locations. The retailer will invest in some 10,000 screens at shopper touchpoints including entrance, checkout, ...
Gov. Wes Moore announced he wants lawmakers to remove the ban on alcohol sales in grocery stores. The governor’s stance is getting big pushback from local liquor stores.
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