Category: Kroger
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Local unions group seeks ouster of Kroger CEO after $7.5 billion buyback plan
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(Reuters) – Some local United Food and Commercial Workers (UFCW) unions on Friday urged Kroger’s board to replace CEO Rodney McMullen after the company announced a $7.5 billion stock buyback plan after finalizing its deal to buy Albertsons. The local UFCW union that led the “Stop the Merger Coalition” claimed…
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Kroger case tests FTC Chair Khan’s bid to protect workers By Reuters
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Written by Judy Godoy (Reuters) – Federal Trade Commission Chair Lina Khan’s push to use antitrust laws to protect workers is being tested in a trial that began on Monday as the agency alleges that grocery chain Kroger Inc’s proposed merger with rival Albertsons Inc would crush the bargaining power…
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Micron downgrade, upgrade for Kroger By Investing.com
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Investing.com – Here’s a professional summary of the most important pieces of information Wall Street analysts said over the past week. InvestingPro subscribers always get the first guess on rating changes that move the market. Ollies deal executor What happened? On Monday, JPMorgan upgraded shares of Ollie’s Bargain Outlet Holdings,…