SN Top 10: Albertsons terminates merger agreement, files lawsuit against Kroger tops the week’s headlines
The week’s Top 10 most popular Supermarket News articles
December 16, 2024
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In this week’s recap of the Top 10 most popular Supermarket News articles, Albertsons terminates merger agreement, files lawsuit against Kroger ranked as the week’s top story. This week was a big one with the ending of the Kroger, Albertsons merger agreement, making up several of our top 10 stories.
On Wednesday, Albertsons Companies, Inc. announced that it would officially terminate its pending $25 billion merger agreement with Kroger, following decisions by two courts blocking the long-pending merger deal. Albertsons is now also suing Kroger for billions of dollars, stating that Kroger refused to offer an adequate divestiture package and repeatedly ignored regulators’ concerns—moves that Albertsons claims caused the merger deal to be blocked.
More top stories:
In other news, More than 8,000 grocery workers at Giant Eagle and Heinen’s approved new contracts on Monday. The four-year agreements include the highest wage increase in decades, higher starting rates and higher premium wage rates, expanded access to affordable family health insurance coverage, expanded preventive services for children and adults, and improved paid time off benefits.
Other top stories:
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