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Kroger, Albertsons, C&S Wholesale Grocers announce updated and expanded divestiture plan in connection with proposed merger; companies say new plan adds a well-capitalized competitor into new geographies, brings merger another step toward completion
Published:
May 09, 2024
by Mergers & Acquisitions Daily News
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Report finds Albertsons’ Jewel-Osco brand held 22.6% of Chicago market share in 2023, followed by Walmart with 16.9%, Costco with 10.9%; Jewel-Osco operates 176 locations in Chicago, compared to 160 for Aldi, which only holds 3.7% market share: Axios
Published:
May 02, 2024
by Supermarket News
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Albertsons Cos. Inc. Champions Community Health and Environmental Sustainability with New Pharmacy Initiatives and Electric Fleet Adoption
Published:
April 25, 2024
by Industry Intelligence Inc.
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Zacks: Albertsons' fiscal Q4 earnings meet estimate, but sales fall short despite rising 0.4%; sales momentum attributable to 1% rise in identical sales driven by strong pharmacy sales growth, partly offset by drop in fuel sales and wholesale revenues
Published:
April 24, 2024
by Zack's Commentary
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Kroger to pay Washington state US$47.5M for its role in the opioid crisis; state has also sued Albertsons, Rite Aid
Published:
April 24, 2024
by Supermarket News
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