Tag: Kroger
-
Colorado judge temporarily blocks Kroger, Albertsons merger
A Colorado judge issued an order temporarily blocking the proposed $25 billion merger between Kroger and Albertsons following a lawsuit from the state, according to court documents. Kroger is the parent company of King Soopers in Colorado, while Albertsons runs the Safeway chain in the state. At a hearing in Denver on Thursday, Judge Andrew…
-
Kroger and Albertsons plan to divest 91 stores in Colorado if controversial merger goes through
As Kroger and Albertsons — the parent companies of King Soopers and Safeway — brace for court battles on the future of its potential merger, the grocers released Tuesday the official list of stores it plans to divest. The grocers announced in April it plans to sell off more stores than originally planned amidst legal…
-
Denver court dismisses Kroger’s plea to drop Colorado anti-merger lawsuit
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s lawsuit against the proposed Kroger and Albertsons merger worth $24.6 billion will carry on, a Denver District Court judge ruled Wednesday. The grocery stores operating the King Soopers and Safeway brands in Colorado asked the court to drop the case brought forth by Attorney…
-
Why Colorado Safeway stores wouldn’t be run by Kroger if merger goes through
This move was to ‘correct mistakes by some prior divestiture buyers,’ an Albertsons consultant said.
-
Alleged King Soopers shooter asking judge to move trial out of Boulder
Attorneys noted that any trial in the area would be prejudiced due to publicity
-
Metro Moves: Mega King Soopers store to start construction in Frederick
Welcome to the Denver Gazette’s Metro Moves. You’ll get the latest metro Denver openings, closings, hiring and promotion news here. To submit your company’s news, drop an email to [email protected]. Mega grocery store coming to Carbon Valley A new Kings Soopers Marketplace store is coming to a small town north of Denver, Frederick. The grocery…
-
Kroger plans to sell Safeway brand in Colorado to help secure merger with Albertsons
Under pressure from government regulators, Kroger and Albertsons have decided to sell nearly 600 stores across the country, including the Safeway brand in Colorado, in an effort to get their proposed $24.6 billion merger through. Kroger said it will sell 579 stores across the country to New Hampshire-based C&S Wholesale Grocers — 116 more than originally planned, including 91 Albertsons-owned…
-
US sues to block merger of grocery giants Kroger and Albertsons
The Federal Trade Commission sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans. The FTC filed a lawsuit in U.S. District Court in Oregon on Monday. It was joined in the suit by the attorneys…
-
Colorado AG sues to block Kroger-Albertsons merger
Colorado Attorney General Phil Weiser is suing to block the nearly $25 billion Kroger-Albertsons merger, the official announced Wednesday. In Colorado, Kroger operates 148 King Soopers and City Market stores, while Albertsons runs 105 Safeway and Albertsons stores. In a press conference, Weiser claimed Kroger violated the state’s antitrust laws over its plans to merge with…
-
Colorado AG Weiser, FTC chair hold town hall on proposed Kroger-Albertsons merger
The crowd packed in, filling chairs and standing along the back walls as they made their appeal, recounting personal experiences facing layoffs, near-homelessness and food deserts. Sitting at the front of the room were Federal Trade Commission Chair Lina Khan and Colorado Attorney General Phil Weiser. During the one hour allotted for the Denver town…