In a move that has stunned retail analysts and rattled the grocery industry, Kroger has disclosed it spent over $1 billion in a failed bid to acquire rival supermarket chain Albertsons — an ambitious ...

After purchasing over 600 Albertsons stores in 2006, Cerberus Capital Management expanded its footprint through its 2013 deal with Supervalu to acquire nearly 900 supermarkets, and just a year ...

When the Federal Trade Commission blocked the high-profile proposed merger of Kroger and Albertsons, it might have seemed ...

Albertsons and Kroger spent over two years and more than $850 million on an unsuccessful effort to merge. The two supermarket giants are now spending additional money fighting over the fallout.