Kroger announces resignation of CEO Rodney McMullen

CINCINNATI—The Kroger Company announced on March 3 that Chairman and Chief Executive Officer Rodney McMullen has resigned from the Company following a Board investigation of his personal conduct that, while unrelated to the business, was inconsistent with Kroger’s Policy on Business Ethics. The Board has appointed Lead Director Ronald “Ron” Sargent, 69, to serve as Chairman […]

Grocer Wars: Albertsons calls off merger, now suing Kroger

BOISE, Idaho—A day after a federal judge blocked the $25 billion merger of grocery giants Albertsons and Kroger, Albertsons files a multi-billion-dollar lawsuit against Kroger for breach of merger agreement. The lawsuit filed in the Delaware Court of Chancery, is bringing claims for willful breach of contract and breach of the covenant of good faith […]

Kroger and Albertsons $25 billion mega-merger blocked by the courts

SEATTLE—The merger of grocery giants Kroger and Albertsons were blocked today after a series of court rulings stating that the deal violates antitrust laws. Today, King County Superior Court Judge Marshall Ferguson ruled that the proposed merger of grocery giants Kroger and Albertsons is unlawful and cannot go forward. The decision came following a September […]

Local grocery stores: Protecting customers and employees

by Erin Freeman Grocery stores: Protecting customers and employees Lynnwood grocery stores will remain open during the COVID-19 pandemic to provide essential needs for their communities. Unlike other industries experiencing limited business through government mandated restrictions and closures, Safeway, Albertsons, Whole Foods, QFC, and Trader Joe’s are experiencing an increased volume of customers.  “We’ve been […]