Store Divestitures

(Eye Roll) Kroger, Albertsons Have Spent $864M On Merger-Related Legal Fees Thus Far

News from the region, including Walmart's recent research into shoppers' shopping habits…

  • Attorneys’ fees reach eye-popping levels in drawn out Kroger-Albertsons merger deal
  • UFCW’s Federici decries the ‘waste of money’
  • Amazon keeps raking it in with Prime Day – sales up 11% over last year
  • Mixed Q2 results for Albertsons – comps up but earnings dip

Even With Release Of Store List, Albertsons Kroger, C&S Have Lots More Work To Do

“Today’s announcement changes nothing. The merger is not a done deal, far…

  • With the release of the 579 individual stores revealed, Kroger, Albertsons & C&S have lots more heavy lifting to do.
  • Walmart attempts to blunt Amazon Prime Day momentum with 50 percent discount for Walmart+ subscribers.
  • Amazon opens its first upgraded Mid-Atlantic Fresh store in Eatontown, NJ in underwhelming rebirth.
  • Costco is raising membership fees for all levels in first increase since 2017.

Kroger, Albertsons Release List of Stores To Be Sold To C&S

With an Aug. 26 court date nearing, the two giants proposed divesting…

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