RiverNorthPhotography Ever since it was announced that The Kroger Co. (NYSE:KR) would be acquiring Albertsons Companies, Inc. (ACI) in a multi-billion-dollar transaction to create one of the largest food retailers in the country, I have been of the opinion that there is a relatively high probability that the deal will fall through. In fact, in early February of this year, I even said that, because of regulatory concerns, it looked almost certain that the transaction would never be completed. In that article ...

In the latest trading session, Kroger (KR) closed at $53.89, marking a -0.57% move from the previous day. This change lagged the S&P 500's daily gain of 0.09%. Elsewhere, the Dow saw a downswing of 0.49%, while the tech-heavy Nasdaq appreciated by 0.65%. The the stock of supermarket chain has fallen by 4.19% in the past month, lagging the Retail-Wholesale sector's gain of 5.59% and the S&P 500's gain of 5.78%. Investors will be eagerly watching for the performance of Kroger in its upcoming earnings disclosu ...

Retailer expresses gratitude on Memorial Day CINCINNATI, May 20, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared it is celebrating Memorial Day with Locked-in-Low prices on grilling essentials as families gather in a day of remembrance. For as little as $4 per person, the barbeque bundle includes all the staples to commemorate the holiday. "At Kroger, we are exceedingly grateful for the sacrifice, devotion and bravery of our armed forces who unselfishly gave their lives for the fundamental promi ...

gerenme/iStock via Getty Images Albertsons Companies, Inc. (NYSE:ACI) has suffered in price during 2024 on the roadblocks to a merger with Kroger (KR), erected by Federal Trade Commission ("FTC") actions and numerous state-filed lawsuits. Two of America's largest grocery chains are trying to create a monster-sized company, which may end up raising prices for customers on reduced competition. I get the conflict inside the fair-trade appraisal process. However, my investment view is that Albertsons is cheap e ...

Retailer shares hacks to eat "in season" this spring and summer CINCINNATI, May 15, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared how customers can make the most of warm weather meals boasting lots of fruits and veggies with a seasonal eating cheat sheet along with tons of fresh recipes for spring and summer. "Fresh is always in season at Kroger, and as warm weather approaches, we know our customers are ready to enjoy lots of fruits and vegetables that are at peak seasonality," said Dan De La ...

The expansion of value-based care offerings through The Little Clinic will help address the growing healthcare needs of seniors in Georgia ATLANTA, May 14, 2024 /PRNewswire/ -- Kroger Health, the healthcare division of The Kroger Co. (NYSE: KR), is collaborating with Better Health Group, a leading value-based primary care physician group and managed services organization, to launch primary care services for senior patients beginning in eight locations of The Little Clinic LLC (TLC) in Atlanta, Georgia area. ...

For the third consecutive year, retailer recognized for commitment to mental health CINCINNATI, May 6, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR), today announced it has been awarded the 2024 Platinum Bell Seal for Workplace Mental Health receiving an upgraded rating from previous years. The Bell Seal program from Mental Health America (MHA) is a first-of-its-kind workplace certification that recognizes employers who strive to create mentally healthy workplaces for their associates. The Bell Seal progra ...

Retailer shares Mother's Day gift guide to honor mom CINCINNATI, May 2, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared it is making Mother's Day celebrations extra special with thoughtful and convenient gift ideas to mark the holiday. From brunch to pampering, make moms feel loved with the retailer's gift guide curated just for them. From brunch to pampering, make moms feel loved with Kroger's gift guide curated just for them. "At Kroger, we are so grateful to help our customers honor all the m ...

Retailer shares Kentucky Derby recipes and traditions ahead of the 150th anniversary CINCINNATI, April 29, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared it is celebrating the Kentucky Derby along with Kellanova offering a new take on traditional recipes in honor of the 'Most Exciting Two Minutes in Sports.' With Derby staples like Kentucky Hot Brown and Mint Juleps, these recipes will please equestrian fans across America as they tune into the Bluegrass state. "For nearly 40 years, Kroger has ...

In a bid to address regulatory concerns surrounding their proposed merger, The Kroger Co. (KR) and Albertsons Companies Inc. (ACI) have unveiled an amended divestiture package in collaboration with C&S Wholesale Grocers, LLC (“C&S”). This strategic move aims to fortify competitiveness and ensure a smooth transition post-merger. Responding to feedback from federal and state antitrust regulators, the revised divestiture package boasts a broader spectrum of assets, effectively addressing concerns raised during ...