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Kroger strikes $25 billion deal for Albertsons to create supermarket titanU.S. grocer Kroger Co said on Friday it will buy smaller rival Albertsons Companies Inc in a $24.6 billion deal, creating a supermarket behemoth to take on leader Walmart Inc .
Source: Reuters - 🏆 2. / 97 Read more »
King Soopers’ parent company Kroger and Albertsons to move forward with $25 billion mergerJUST IN: Kroger will acquire Albertsons for almost $25 billion. The parent company of King Soopers will merge with Albertsons in a move that will impact two of Colorado’s well-known retailers. I wish they would model after HEB. That's a different tier of grocery store. Soobertsons? Alberpers? Soosons? King Alberts? How is this good for the consumer?
Source: denverpost - 🏆 13. / 72 Read more »