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Kroger Responds to Albertsons’ Lawsuit, Files Counterclaims
Kroger has announced that it has filed its formal answer and counterclaims in response to Albertsons' lawsuit, which was brought before the Delaware Court of Chancery following the termination of the proposed merger.
On December 11, 2024, Albertsons called off its bid to merge with Kroger after a two-year effort, subsequently filing a suit alleging breach of contract in connection with the collapse of the deal.
Today, Kroger issued a statement revealing that it had filed its answer and counterclaims. The company asserts that while it was diligently working to secure regulatory...
PRE® Expands Ground Beef Offering to New Kroger Banner Stores in March
Pre® Brands, one of the nation's leading grass-fed and grass-finished premium lean beef proteins have announced the expanded availability of its ground beef products at select Kroger stores in several divisions across the US.
"At Pre, we have dual goals of growing the retailer partner category sales and an unconditional commitment to delighting consumers. With consumers increasingly focused on their health and wellness, they're seeking versatile and delicious grocery options to support their lifestyles," said Nicole Schumacher, Chief Marketing Officer...
Kroger Announces Leadership Transition as Todd Foley Retires and David Kennerley Takes Over as CFO
Todd Foley will retire as interim Chief Financial Officer (CFO) of Kroger after 24 years with the company. Foley’s career at Kroger began as an audit manager, and over the years, he has held several key positions, ultimately stepping into the interim CFO role in 2024.
Effective April 3, Foley will be succeeded by David Kennerley, most recently of PepsiCo Europe. Kennerley will join Kroger on March 10 as Senior Vice President and will work closely with Foley to ensure a smooth transition...
Kroger Kicks Off a Latin Flavor Take Over Four-Week Event
The Kroger Co. today announced it is kicking-off Cinco de Mayo with a four-week Latin flavors event. Customers are invited to experience savory Latin cuisine and explore the vibrant world of Latin flavors waiting for them at Kroger.
"This event is a celebration of a culture and flavors that inspires togetherness and a passion for food," said Dan De La Rosa, Kroger's group vice president of Fresh Merchandising. "We hope to curate an experience that promises to spark a new culinary adventure...
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