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FTC sues to block merger between Kroger and Albertsons

Nine attorneys general — from Arizona, California, Illinois, Maryland, Nevada, New Mexico, Oregon, Wyoming and the District of Columbia — are also joining...

United-states , Oregon , Maryland , California , Arizona , District-of-columbia , New-mexico , Wyoming , Illinois , Nevada , American , Henry-liu

The FTC Sues to Block Kroger-Albertsons Merger. The Debate Is Complicated.

The deal would lead to higher food prices for consumers as well as lower wages for workers, the FTC says in a lawsuit.

Oregon , United-states , Evie-liu , Walmart , Commission-on , Costco , Albertsons , Kroger , Federal-trade-commission , Costco-wholesale , Article-normal , Retail-wholesale

M&A Has Been Downhill Since 2021. Recent Deals Stir Hope of a Revival.

It has been a decent start of the year for major transactions, capped by the biggest so far, Capital One’s proposed $35 billion deal for Discover. But it...

Walmart , Capital-one-financial , Discover-financial , Truist-financial , Stone-point-capital , Clayton-dubilier , Article-normal , Chemicals , Fertilizers , Motor-vehicle-parts , Credit-types-services

Wall Street Revs Its Engines as Deal Values Soar Over Last Year

The $289.9 billion in dollar volume of the 1,000 U.S. deals announced so far is more than double the volume of deals at this point in 2023, according to...

Janeth-cho , Capital-one , Vizio-holding , Capital-one-financial-corp , Ansys , Diamondback-energy , Walmart , Financial-services , Albertsons , Energy-resources , Bloomberg

Super Bowl party hosts should 'skip the chips and dip' as nacho prices soar

Tortilla chips are 38% more expensive this year, while queso blanco costs nearly 19% more — but there’s good news for salsa lovers.

Super-bowl , Article-normal , Superbowl , Groceries , Food , Foodprices , Inflation , Costofliving , Tortillachips , Salsa , Queso

Costco Names New Chief Financial Officer in a Bold Move

Retailer Costco typically promotes from within, so the naming of a former Kroger exec as the new finance chief is a little unusual.

Gary-millerchip , Rupesh-parikh , Sabrina-escobar , Joe-raedle-getty , Richard-galanti , Ron-vachris , Kroger , Costco , Albertsons , Getty-images , Article-normal , Retail-wholesale

How Grocers and Big Food Makers Are in a Different Kind of Price War

Kimberly-Clark and Procter and Gamble’s revenue misses this week underscore the new challenge facing consumer packaged goods companies, or CPGs, in 2024:...

France , French , Cowen-robert-moskow , David-paul-morris-bloomberg , Andre-schulten , Matthew-pavich , Doug-mcmillon , Sabrina-escobar , Pepsico , Procter-gamble , Costco , Albertsons