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Mergers & Acquisitions

Video: Kroger ends the year with a new set of problemsVideo: Kroger ends the year with a new set of problems

The embattled grocery chain now faces lawsuits as well as calls for Chairman and CEO Rodney McMullen to step down

Timothy Inklebarger, Chloe Riley

December 13, 2024

The failure of the $24.6 billion Kroger, Albertsons merger has opened a new set of problems for America’s largest pure-play grocer.

Judges in Oregon and Washington rejected the proposed merger on Tuesday, and now Albertsons is suing its would-be partner for billions. The United Food and Commercial Workers International Union (UFCW) is also vocally opposing a $7.5 billion stock buyback planned by the Cincinnati, Ohio-based grocery chain, and calling for the replacement of Chairman and CEO Rodney McMullen.

We dive in on what it all means and what comes next. Take a watch.

Read more about:

Kroger The Kroger Co.Albertsons

About the Authors

Timothy Inklebarger

Timothy Inklebarger

Editor

Timothy Inklebarger is an editor with Supermarket News.

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Chloe Riley

Chloe Riley

Executive Editor, Supermarket News

Chloe Riley is the Executive Editor of Supermarket News, which delivers the ultimate in competitive business intelligence, news and information for executives in the food retail and grocery industry. A graduate of the School of Journalism at Columbia College Chicago, Chloe previously served as a Digital Strategist at SEO firm Profound Strategy, Associate Editor at B2B hospitality mag HOTELS Magazine, as well as CEO of her own digital strategy company, Chlowe. She lives in Woodstock, Illinois.

Email her at [email protected], or reach out on LinkedIn and say hi.

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