Kroger in talks to buy rival Albertsons: reports

United States News News

Kroger in talks to buy rival Albertsons: reports
United States Latest News,United States Headlines
  • 📰 fox13seattle
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 59%

Albertsons shares rose and were briefly halted Thursday morning after reports of the potential merger surfaced. FOX13

Ohio-based Kroger is the nation’s largest supermarket chain, with nearly 2,800 stores in 35 states. Fred Meyer, Ralphs, King Soopers, Harris Teeter and about 20 other store banners are owned by Kroger.

Albertsons, whose headquarters are in Boise, Idaho, has 2,200 supermarkets in 34 states and Washington, D.C. Safeway, Acme, Tom Thumb and more than a dozen other store banners are owned by Albertsons.Kroger has been breaking into new markets in recent years, including Florida, and has plans to expand in the Northeast, CNBC reports. DAILY NEWSLETTERthat I have read and agree

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

fox13seattle /  🏆 328. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kroger is said to be in talks to combine with rival AlbertsonsKroger is said to be in talks to combine with rival AlbertsonsKroger Co. is in talks about a tie-up with rival Albertsons Cos. in a deal that would create a U.S. grocery giant, people familiar with the matter said. An...
Read more »

Grocery chains Kroger, Albertsons in talks for possible merger: reportGrocery chains Kroger, Albertsons in talks for possible merger: reportA possible agreement could reportedly be reached as soon as this week. In February, Albertsons' board of directors launched a review of potential strategic alternatives.
Read more »

Albertsons stock heads higher amid report of Kroger merger interestAlbertsons stock heads higher amid report of Kroger merger interestShares of Albertsons Cos. Inc. undefined were up more than 11% in Thursday morning trading after Bloomberg News reported that Kroger Co. undefinedwas in...
Read more »

Shares of Albertsons jump on report of potential merger with grocery giant KrogerShares of Albertsons jump on report of potential merger with grocery giant Kroger
Read more »

Breaking: GBP/USD spikes to 1.1050 on reports of BOE extending bond-buyingBreaking: GBP/USD spikes to 1.1050 on reports of BOE extending bond-buyingBreaking: GBP/USD spikes to 1.1050 on reports of BOE extending bond-buying – by FXstreetNews Breaking GBPUSD BOE Bonds Currencies
Read more »



Render Time: 2025-02-16 06:16:36