Susan Morris seeks to cut costs and hold down prices after a court blocked the supermarket chains’ megamerger.

Combined, Kroger and Albertsons would control around 13%. "We know that pricing is going to continue to go down," McMullen said. His statements and the upcoming testimony of Albertsons CEO Vivek ...

Its planned merger with Kroger over, Boise’s Albertsons supermarket chain is getting a new CEO. Vivek Sankaran, who has run the nation’s second-largest traditional grocery company since ...

Failed mergers create perfect storms of executive departures, talent flight and investor lawsuits, but they also offer ...

Now, Kroger says it was Albertsons that breached the terms of the merger agreement. Kroger said in a news release Tuesday that Susan Morris, the soon-to-be CEO of Albertsons, had “secretly ...

Also, it disclosed it's suing Kroger "for billions" for botching ... We are deeply disappointed in the courts’ decisions," Albertsons CEO Vivek Sankaran said in a statement.

Analysts anticipate earnings of $1.46 per share on $45.3 billion in revenue. This would indicate a 12% year-over-year ...

Combined, Kroger and Albertsons would control around 13%. “We know that pricing is going to continue to go down,” McMullen said. His statements and the upcoming testimony of Albertsons CEO ...

If the merger with Kroger doesn’t go through, the CEO of Albertsons Cos. Inc. said in court Wednesday that his company might have to consider layoffs and leave certain markets to remain ...

Now, Kroger says it was Albertsons that breached the terms of the merger agreement. Kroger said in a news release Tuesday that Susan Morris, the soon-to-be CEO of Albertsons, had “secretly ...

Will Kroger’s next CEO be a woman? An insider or someone new ... company that works extensively with supermarkets. When Albertsons enlisted Sankaran in 2019 to lead its company, he’d ...