Kroger, Albertsons CEOs both leaving their roles after failed $25B acquisition
The CEOs of both Kroger Co. and Albertsons Companies Inc., the two grocery giants that were involved in a failed ...
Albertsons CEO also out after failed merger with Kroger
Albertsons said on Monday that its CEO Vivek Sankaran would be retiring and insider Susan Morris would assume the role, ...
Kroger gives upbeat outlook while questions swirl around CEO
Kroger is seeking a new path forward after the company said its long-tenured chief executive officer, Rodney McMullen, ...
Colorado Public Radio1d
Kroger and Albertsons, Colorado’s largest grocery chains, are both replacing their CEOs
The leadership changes come just a few months after a federal judge temporarily halted a proposed merger between Kroger and ...
'A position of strength': Kroger projects confidence amid mixed results after CEO exit
Kroger reported 2024 sales results that were lower than Wall Street forecasts on Thursday, but the grocer predicted sales ...
Supermarket giant Kroger says egg prices jumped 70% — but it’ll handle inflation from tariffs better than others
Kroger’s stock rose Thursday after the supermarket giant said it’s better suited than others to handle the impact of trade ...
Progressive Grocer4h
Kroger Delivers Mixed Q4 Following CEO Exit
"Kroger's 2024 results demonstrate the resilience of our value creation model, which is generating solid results and strong ...
Kroger Stock Jumps, as Better-than-Estimated Earnings Offset Soft Outlook
Kroger shares are jumping Thursday morning as the grocery chain's better-than-expected quarterly earnings offset a soft outlook.
The Olympian2d
Albertsons CEO to step down after Kroger merger fails. What he says about grocer’s future
The announcement Monday came the same day that Kroger’s CEO, Rodney McMullen, resigned after an investigation by the ...
SummitDaily.com3d
Why the merger between Kroger and Albertsons was blocked by federal and state courts
In December, federal and state courts blocked the attempted merger between two of Colorado’s grocery store giants: Albertsons ...
Kroger 4Q Sales Decline Beyond Estimates, Results Come Days After McMullen's Sudden Departure
The Cincinnati company's results come just days after the abrupt resignation of long-time Chief Executive Officer and Chairman Rodney McMullen over personal conduct. They're also the first since a ...
Kroger Seeks to Shuffle Supply Chain, Sidestep Tariffs
The grocery chain gave a disappointing profit forecast for the year, days after the abrupt resignation of its longtime CEO.