Kroger, Albertsons plan to sell fewer stores in New Mexico as part of merger [Yahoo! Finance]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: Yahoo! Finance
In September, the companies said they planned to sell 413 stores — 12 Albertsons in New Mexico — but in a Monday update said they plan to sell up to 579. The number in New Mexico, according to a Kroger news release, has decreased to just nine Albertsons-owned stores. An Albertsons spokesperson declined to comment on the locations the company would sell off in New Mexico, but said the updated divestiture package was made in response to feedback from the Federal Trade Commission. The FTC, joined by state Attorney General Raúl Torrez, in February sued to block the $25 billion merger between the two companies. C&S Wholesale Grocers owns the supermarket brands Grand Union and Piggly Wiggly, the latter of which had a presence in New Mexico decades ago. In Santa Fe, Albertsons Cos.' subsidiary United Supermarkets owns two Albertsons Market locations and one Market Street store.
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KR
News
- Trade watchdog: Big retailers used supply-chain problems to inflate grocery costs [Yahoo! Finance]Yahoo! Finance
- Kroger spending nearly $85 million to renovate several Dayton area stores [Yahoo! Finance]Yahoo! Finance
- Kroger (KR) Rises Yet Lags Behind Market: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Kroger Makes Celebrating Mom even EasierPR Newswire
- The 2024 Milken Institute Global Conference Opens May 5, Convening Global Leaders to Discuss Strategies Aimed at Shaping a Shared Future [Yahoo! Finance]Yahoo! Finance
KR
Earnings
- 3/7/24 - Beat
KR
Sec Filings
- 4/29/24 - Form 4
- 4/26/24 - Form 4
- 4/25/24 - Form 4
- KR's page on the SEC website