Albertsons ACI.N said on Monday its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role, as the supermarket chain shifts focus to build its digital sales and retail ...

Firefighters in Murrieta battled a brush fire, shutting down nearby streets Monday. The blaze was reported Monday afternoon ...

Albertsons Companies, Inc.'s sales outlook remains stable, with fair Q4 comparable growth and a similar FY2025 guidance. The company's margin outlook is concerning as the gross margin declined 45 ...

Albertsons warns of competition from larger retailers but downplays tariff impact ‘We’re all seeing the pressures’ from the biggest retailers and club stores, CEO says ...

Kroger has filed a response denying Albertsons lawsuit claims in the latest development from the fallout of a failed merger deal between the two. In December, Albertsons called off the deal and ...

Cincinnati-based Kroger Tuesday filed a countersuit against Albertsons, the latest legal fallout from a failed merger between the two grocery giants. Albertsons filed suit against Kroger after the ...

March 25 (Reuters) - U.S. grocery chain Kroger (KR.N), opens new tab countersued Albertsons (ACI.N), opens new tab on Tuesday, escalating a legal battle between the companies following the ...

Kroger on Tuesday filed a countersuit in its dispute with Albertsons over a failed $25 billion merger between the two grocery behemoths. The merger was blocked late last year by federal and state ...

Albertsons Cos. is laying off 225 Safeway administrative employees at an office in northwest Phoenix, Arizona. The company indicated that the affected workers at the facility were informed of the ...

Mario Tama / Getty Images Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's proposed merger with Kroger fell apart last ...

When Kroger and Albertsons announced plans in 2022 to team up on what would be the largest supermarket merger in U.S. history, the two grocery store chains highlighted their shared values.

Albertsons on Wednesday called off its $24.6 billion merger with Kroger, a day after a judge temporarily blocked the union, and sued the rival grocery chain for breach of contract. "Given the ...