KR News Explorer
Stay informed with the latest market news and analysis about KR
View KR on Yahoo Finance →2025-01-14
Can the Only Grocery Store in a Rural Michigan Town Stay Independent?
Jan 14, 2025, 5:00 AM
The owners of Honor Family Market are ready to retire. A buyer would face the tight margins of a small business and competition against the giant chains and discount stores.
2024-12-26
Mergers that were blocked or challenged by the Biden admin in 2024
Dec 26, 2024, 2:00 PM
Several prominent mergers and acquisitions have been blocked or challenged by the Biden-Harris administration in 2024, including the proposed deal between Albertsons and Kroger.
2024-12-11
Albertsons Backs Out of Merger Deal and Sues Kroger After Court Rulings
Dec 11, 2024, 9:21 AM
The supermarket chain had tried to join forces with Kroger, but judges sided with federal and state regulators who charged that the merger would reduce competition.
2024-12-10
Kroger's $25-billion deal for grocery rival Albertsons blocked by US courts
Dec 10, 2024, 6:43 PM
(Reuters) -A U.S. judge blocked the pending $25-billion merger of U.S. grocery chains Kroger and Albertsons on Tuesday, in a win for the Federal Trade Commission that Kroger has said would likely scuttle the deal. The FTC argued at a three-week trial in Portland, Oregon, that the merger would eliminate head-to-head competition between the top two traditional grocery chains, leading to higher prices for shoppers and reduced bargaining leverage for unionized workers. The ruling, which could be appealed, is a big victory for FTC Chair Lina Khan and President Joe Biden's administration in their bid to counter inflation at the checkout.
Federal judge blocks Kroger's $25B acquisition of Albertsons
Dec 10, 2024, 3:53 PM
A federal judge issued a ruling that blocks the proposed $25 billion merger between Albertsons and Kroger, which critics argued would reduce competition in the grocery industry.
Stock market today: Dow, S&P 500, Nasdaq fall as investors await key inflation data
Dec 10, 2024, 4:03 PM
Stocks are mixed ahead of a consumer inflation report seen as key to the path of interest rates.
Stock market today: S&P 500, Nasdaq slip as investors await key inflation data
Dec 10, 2024, 3:51 PM
Stocks are mixed ahead of a consumer inflation report seen as key to the path of interest rates.
Federal Judge Blocks $25 Billion Kroger-Albertsons Grocery Merger
Dec 10, 2024, 3:48 PM
The Federal Trade Commission notched a victory in its efforts to block the supermarket merger over concerns about harm to shoppers and workers.
2024-11-07
Wall Street expects Trump presidency will unlock deal-making
Nov 7, 2024, 11:00 AM
Deal-making has slowed in recent years, largely due to high interest rates, soaring company valuations and a tight regulatory environment.
2024-10-23
Digital Tags Come to Kroger and Walmart, but Chains Deny ‘Surge Pricing’
Oct 23, 2024, 1:50 PM
Some members of Congress have expressed concerns that stores will monitor customers and raise prices. Business experts say the tech has not raised customers’ grocery bills.
2024-10-10
What food items saw the largest price hikes and declines in September?
Oct 10, 2024, 2:49 PM
The Labor Department's latest consumer price index data showed that inflation continues to strain consumers' food budgets, with some items seeing notable price increases.
2024-09-10
Just Miles from Kroger’s Court Battle, a Food Desert Shows What’s at Stake
Sep 10, 2024, 5:02 AM
Federal regulators are trying to block Kroger’s merger with Albertsons. In a Portland suburb, residents already know what deteriorating access to fresh food looks like.
2024-09-03
Antitrust enforcers go for the knockout punch on Kroger
Sep 3, 2024, 11:02 AM
Government lawyers have cited internal business documents to question whether the deal would deplete competition in the grocery industry.
2024-08-27
Dollar General, Dollar Tree and Kroger customers pay over $90 million a year in cash-back fees, federal agency finds
Aug 27, 2024, 3:59 PM
Some big retailers have been levying a fee on customers who ask for cash back on purchases. That disproportionately hurts those in banking deserts.
2024-08-26
Kroger and Albertsons Confront a Skeptical F.T.C. in federal court
Aug 26, 2024, 5:30 PM
The Federal Trade Commission, which is trying to block Kroger’s plan to acquire Albertsons, said in court that the merger of grocery giants would also hurt workers’ pay and benefits.
'Varney & Co.' Stuart Varney argues Kamala Harris is deliberately ignoring the impact of massive government spending on inflation.
A Trial Asks: If Grocery Rivals Merge, Do Workers Suffer?
Aug 26, 2024, 3:00 AM
As Kroger seeks to acquire Albertsons, federal regulators argue that the biggest supermarket combination in history will hurt not only consumers, but workers as well.