Albertsons ACI.N said on Monday its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role, as the supermarket chain shifts focus to build its digital sales and retail ...

Motown legend Smokey Robinson this week filed a $500-million countersuit against his sexual assault accusers. Their legal ...

This week, Albertsons Cos. filed a pointed rebuttal to Kroger’s counterclaims, rejecting accusations that it secretly worked with C&;S Wholesale Grocers to pursue its own divestiture strategy, and ...

In its response to Kroger’s counterclaims, filed late last week, Albertsons asserts that “No Albertsons employee participated ...

Albertsons said in a statement that the counterclaims defy the plain facts of the parties’ course of dealing and are ...

Albertsons has filed a lawsuit against Kroger, alleging that Kroger did not make sufficient efforts to obtain regulatory approval for the deal. Kroger, in turn, has filed counterclaims, leading to a ...

Albertsons beat earnings expectations but guided conservatively. 2025 could be a second straight year of earnings declines. However, a new CEO is taking over on May 1. Albertsons stock had ...

Kroger spent more than $1 billion throughout its ill-fated journey toward merging with Albertsons. Kroger has filed its answer and counterclaims to the complaint brought by Albertsons in the ...

According to Kroger’s counterclaims to Albertsons’ lawsuit against it ... without offering further details. Last April, facing legal challenges from the FTC and several states, Kroger expanded its ...

The legal battle between Kroger and Albertsons is heating up. Kroger countersued Albertsons on Tuesday, denying claims that it was to blame for the collapse of the proposed $25 billion merger ...

The grocer also added in the counterclaim it appeared that Albertsons had shifted its focus towards the current legal battle long before instead of pushing to close the transaction. Advt However ...

Kroger said in Tuesday’s court filing that it should not be forced to pay Albertsons a $600 million termination fee as well as billions of dollars in legal fees.In a statement Tuesday ...