Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.
Kroger Files Motion to Enjoin the FTC's Administrative Merger Challenge
The Kroger Co. today filed a motion for preliminary injunction in the U.S. District Court, Southern District of Ohio, against the Federal Trade Commission's (FTC) administrative proceeding challenging the company's merger with Albertson's Companies, Inc. The company argues that by proceeding in its administrative tribunal, in addition to the separate action in federal court, the FTC is violating Constitutional protections.
The motion details how the FTC's administrative proceeding against the merger clearly violates the Constitution in two areas:
Grubhub Partners with Albertsons Companies for Nationwide Grocery Delivery
Grubhub and Albertsons Companies, Inc. have partnered to bring nearly 1,800 Albertsons Cos. stores to Grubhub's Marketplace for delivery including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, ACME and Tom Thumb. Availability is based on delivery locations through the Grocery section on the Grubhub app and website.
"We're pleased to grow our grocery offering with Albertsons Cos., one of the leading grocery retailers in the U.S., and give customers the opportunity to conveniently place their grocery orders within Grubhub," said Craig Whitmer, vice president of new verticals at Grubhub...
Kroger Responds After FTC Decision to Block Albertsons Merger
On Monday news broke that the Federal trade Commission (FTC) would be challenging Kroger’s acquisition of Albertsons. The FTC said that the potential merger would “eliminate competition and raise grocery prices for millions of Americans, while harming tens of thousands of workers.” Now, Kroger has responded.
“Kroger’s business model is to take costs out of the business and invest in lowering prices for customers,” the company stated. “Kroger has reduced prices every year since 2003, resulting in $5 billion invested to lower prices and a 5% reduction in gross...
Albertsons Companies Voluntarily Recalls Five ReadyMeals and Store-Made Taco Kits
Albertsons Companies has voluntarily recalled five ReadyMeals and store-made taco kits supplied by Fresh Creative Foods due to possible Listeria monocytogenes contamination. The select meals and kits contain a recalled cheese ingredient supplied by Rizo-López Foods, Inc., of Modesto, California.
The FDA and CDC, in collaboration with state and local partners, are investigating illnesses in a multi-year, multistate outbreak of Listeria monocytogenes infections linked to queso fresco and cotija cheeses manufactured by Rizo-López Foods. Rizo-López Foods’ recall announcement can be found here.
Albertsons Companies Launches New Signature SELECT® Mix + Match Meal Solution
Albertsons Companies, Inc. (NYSE: ACI) today announced the launch of its newest Own Brand innovation, the Signature SELECT Mix + Match meal solution. Designed to save customers time both in the store and in the kitchen, this new line of frozen entrees, sides and veggies cook together in one standard oven at 375 degrees for about 35 minutes. Available now at 1,900 Albertsons Cos. stores including Albertsons, Safeway, Vons, Jewel-Osco, ACME and Shaw’s, this customizable meal solution feeds a family of four at a great value...
Albertsons Companies Appoints Sarah Mensah and Lisa Gray to Board of Directors
Albertsons Companies, Inc. (NYSE: ACI) announced today that Sarah Mensah and Lisa Gray have been appointed to the Company’s Board of Directors (the “Board”). The Company’s board has now expanded to 11 members.
“Sarah and Lisa are accomplished leaders in their respective industries, and I am delighted to officially welcome them to the Albertsons Cos. Board of Directors,” said Vivek Sankaran, CEO of Albertsons Cos. “Sarah’s reputation for elevating brand value by thoughtfully challenging the status quo and championing innovation, along with Lisa’s proven track record in corporate...
Teamsters Call on FTC to Reject Korger-Albertsons Propsed Asset Sales to C&S
The International Brotherhood of Teamsters strongly opposes the sale of any assets of Kroger [NYSE: KR] or Albertsons [NYSE: ACI] to C&S Wholesale Grocers as proposed in the companies' September 2023 divestiture plan submitted to the Federal Trade Commission (FTC). The Teamsters, representing more than 22,000 members at Kroger and Albertsons nationwide, urge the FTC to reject C&S as a buyer.
"Kroger and Albertsons management has told everyone and anyone that no union members will lose their jobs, contracts, or hours if this...
FEATURED STORIES
HPAI H5N1 Virus in Dairy Cattle – What We Know
ANALYSIS: EU Egg Imports and Exports Show Growth in the First Half of 2024
ANALYSIS: Brazilian Beef Exports Hit a New Record High in September, 8.4% MoM and 17.4% YoY.
ANALYSIS: U.S. Dressed Steer Weights Continue in Record High Fashion
ANALYSIS: China Activates Australian Beef’s Safeguard Mechanism in Surprise Move