If the merger with Kroger doesn’t go through, the CEO of Albertsons Cos. Inc. said in court Wednesday that his company might have to consider layoffs and leave certain markets to remain competitive and financially secure in the long term. Vivek Sankaran testified for several hours in Denver District Court during the second week of the trial in the state of Colorado’s lawsuit that seeks to block the consolidation of the two supermarket chains.
Similar Stories to Failure Of Kroger-albertsons Merger May Lead To Layoffs, Store Closures, Ceo Says on Bing News
Judith Kohler, Denver Post
Thu, 10/10/2024 - 5:00am
Topics: albertsons cos vivek sankaran denver district court colorado attorney general s office king soopers city markets but sankaran sam s club we amazons october united food commercial workers the federal trade commission ftc s attorney general bob ferguson washington in colorado trader joe s c&s wholesale grocers roger davidson davidson jason slothouber even india related articles state montbello s slothhouber s kroger s albertsons albertsons albertsons sankaran i sankaran colorado colorado s a colorado kroger safeway but amazon costco walmart colorado whole foods c&s davidson slothouber retail kroger-albertsons layoffs store ceo grocery cents close company people won customers owns deal block account money long supermarket wednesday week run compete asked plans sales buy wages jobs year
BING NEWS:
- In court, Albertsons CEO warns that merger failure may force cutbacks by company
If the merger with Kroger doesn’t go through, the CEO of Albertsons Cos. Inc. said in court Wednesday that his company might have to consider layoffs and leave certain markets to remain competitive ...
10/10/2024 - 1:00 am | View Link - Here’s where the Kroger-Albertsons merger stands and what it means for Texas stores
Kroger announced a $25B merger with Albertsons two years ago, but not everyone thinks it’s a good idea. Here’s where thing stand now.
10/9/2024 - 5:51 am | View Link - Albertsons brand would no longer exist in Colorado after merger with Kroger
Most of the 105 stores in Colorado, branded as Safeway, to be sold to C&S while King Soopers parent, Kroger, picks up 14. Week two begins.
10/6/2024 - 10:45 pm | View Link - Workers rally as trial for Kroger, Albertsons grocery store merger begins in Colorado
The first day of the trial seeking to stop the merger of two large grocery companies is underway in Colorado, and while the sides for and against the deal argued in court, workers raised their voices ...
09/30/2024 - 11:09 pm | View Link - News of Kroger-Albertsons merger sparks employee unions to rally
Grocery store employees and a farmers union said the proposed Kroger-Albertsons merger would result in job losses, increased grocery prices and food deserts.
09/30/2024 - 1:42 pm | View Link - More
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