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Albertsons and Kroger agree to pause merger amid legal, regulatory challenges
Fox Business· 2024-07-25 20:16
Kroger and Albertsons on Thursday agreed to temporarily pause their proposed $25 billion merger while regulators pursue legal challenges in an effort to block the deal. The two companies agreed to a temporary injunction that puts the merger on hold while a lawsuit filed by Colorado plays out. The move negates the need for a preliminary injunction hearing that had been scheduled to occur next month."The trial is set to begin on Sept. 30 and my office looks forward to making the case that this merger will eli ...
Kroger (KR) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-07-24 23:05
In the latest trading session, Kroger (KR) closed at $54.18, marking a +0.63% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 2.32% for the day. Elsewhere, the Dow lost 1.25%, while the tech-heavy Nasdaq lost 3.64%. The the stock of supermarket chain has risen by 8.07% in the past month, leading the Retail-Wholesale sector's loss of 0.68% and the S&P 500's gain of 1.79%. The investment community will be closely monitoring the performance of Kroger in its forthcoming ea ...
Kroger Earns Top Score on Disability Equality Index for Fifth Consecutive Year
Prnewswire· 2024-07-23 14:00
Awarded maximum score of 100 and named a best place to work for disability inclusionCINCINNATI, July 23, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced it received a top score on the Disability Equality Index®, making the company a "Best Place to Work for Disability Inclusion" for the fifth year in a row."Kroger is committed to providing an inclusive workplace where associates of all abilities and backgrounds can truly thrive," said Tim Massa, senior vice president and chief people officer. ...
Kroger (KR) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-07-22 23:21
Kroger (KR) ended the recent trading session at $54.86, demonstrating a +0.64% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 1.08% for the day. At the same time, the Dow added 0.32%, and the tech-heavy Nasdaq gained 1.58%.The the stock of supermarket chain has risen by 8.56% in the past month, leading the Retail-Wholesale sector's loss of 0.31% and the S&P 500's gain of 0.43%.Investors will be eagerly watching for the performance of Kroger in i ...
Murray's Cheese Cave Aged Cheeses Win Seven Awards at American Cheese Society
Prnewswire· 2024-07-22 17:00
Cheese Caves Celebrate 20th Anniversary Year NEW YORK, July 22, 2024 /PRNewswire/ -- Murray's Cheese announced today that seven cheeses from their Cave Aged line have been named winners at the annual American Cheese Society (ACS) conference. Every year, the ACS competition showcases the talent and craft of American cheesemakers, judging each cheese through a technical and aesthetic evaluation.Murray’s Cheese Cave Aged Cheeses win seven awards at American Cheese Society.This is the twentieth anniversary year ...
Back to School: Fuel your Performance with Kroger
Prnewswire· 2024-07-18 15:30
Save on meal staples and school supplies under $1 to make it the best year everCINCINNATI, July 18, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared back-to-school savings with Locked In Low prices on hundreds of meal staples for breakfast, lunch and dinner as well as all the school supplies students need to return to the classroom.Recognized by Crayola as a Best-in-Class retailer for its back-to-school aisle, Kroger has hundreds of school supplies for less than $3, boasting all the essentials fr ...
Kroger Health Reminds College Students to Get Vaccinated Ahead of Fall Semester
Prnewswire· 2024-07-17 17:45
Vaccinations offer a crucial line of defense against preventable illnesses CINCINNATI, July 17, 2024 /PRNewswire/ -- Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR), makes it easy for college students to receive the vaccinations and boosters needed to make move-in day simple. Vaccinations, whether required or recommended, play a pivotal role in safeguarding individual health and promoting community well-being, particularly in environments such as college campuses where students live and ...
Hatch Chiles Have Arrived at Kroger
Prnewswire· 2024-07-16 18:15
Famously flavorful favorite returns; sourced directly from local farms in Hatch, New MexicoCINCINNATI, July 16, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared that seasonal customer favorite, fresh Private Selection® Hatch Chiles, are now available for a limited time at Kroger Family of Stores nationwide."Each year, we look forward to bringing Hatch Chiles straight from the farm fields of New Mexico to aisles across our store," said Dan De La Rosa, Kroger's group vice president of Fresh Merchan ...
Kroger, Albertsons identify nearly 600 locations they will sell to get merger approved
Fox Business· 2024-07-11 21:24
Kroger and Albertsons, who are looking to merge, have identified the 579 locations across the country that they intend to offload from their combined grocery store count. The planned divestiture of the stores is linked to the grocery giants’ efforts to assuage concerns voiced by regulators related to their proposed deal for Kroger to acquire Albertsons. C&S Wholesale Grocers is the company slated to buy the stores. Their sale is supposed to happen after the completion of the Kroger-Albertsons merger, accord ...
Boost Bonus Days to Hit Kroger
Prnewswire· 2024-07-08 14:30
Boost by Kroger Plus members get exclusive access to more than $60 in savings during the two-week eventCINCINNATI, July 8, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced a mega-sales event giving Boost by Kroger Plus members exclusive access to even more benefits offered through their membership during Boost Bonus Days running July 10-July 23. During the two-week event, Boost members and those who join during Boost Bonus Days will receive exclusive access to free items and even more great ...