Albertsons and Kroger terminated their $25 billion merger plan on Wednesday after courts blocked the deal, with the former ...

Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve ...

Albertsons terminated its $25 billion bid to merge with Kroger today after courts blocked the deal then sued Kroger, alleging a breach of contract that led to the deal’s demise.

Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where ...

Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after ...

Albertsons is accusing Kroger of sinking a proposed merger that would have formed a mega-chain of over 4,400 grocery stores.

Oregon U.S. District Judge Adrienne Nelson, an appointee of President Joe Biden, ruled in favor of the Federal Trade ...

Albertsons CEO Vivek Sankaran said in September that his company might consider “structural options” like laying off ...

Albertsons, Safeway’s parent company, announced it had terminated its $24.6 billion merger agreement with Kroger Wednesday morning. The decision comes just one day after the U.S. District Court in ...

T he biggest supermarket merger in American history is dead. In the space of just a few hours on December 10th, federal and ...

On Wednesday, the day after a federal judge in Oregon and a state judge in Washington blocked a merger between two ...