Kroger (KR), Albertsons Revamp Divestiture Package Amid Concerns [Yahoo! Finance]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: Yahoo! Finance
ACI have unveiled an amended divestiture package in collaboration with C&S Wholesale Grocers, LLC (“C&S”). This strategic move aims to fortify competitiveness and ensure a smooth transition post-merger. Responding to feedback from federal and state antitrust regulators, the revised divestiture package boasts a broader spectrum of assets, effectively addressing concerns raised during the initial agreement. With a steadfast commitment to customers, employees and communities, the updated package is poised to bolster the companies' stance in regulatory proceedings. Rodney McMullen, the chairman and CEO of Kroger, underscored the significance of the updated plan in safeguarding jobs, benefits and community ties. The agreement reaffirms the pledge to prevent store closures, retain jobs and uphold existing agreements, thereby ensuring stability for frontline associates. The proposed merger between Kroger and Albertsons is poised to deliver palpable benefits to consumers, employees and
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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