welcome
Supermarket News

Supermarket News

Business

Business & Economics

Kroger spent over $1 billion on its failed acquisition of Albertsons

Supermarket News
Summary
Nutrition label

75% Informative

Kroger spent $684 million in 2024 , $316 million in 2023 , and $44 million in 2022 .

Kroger also faces a lawsuit brought by Albertsons that aims to collect on the $600 million termination clause.

The grocery chain is also fighting a lawsuit from its would-be divestiture partner, C&S Wholesale Grocers , which argues it is owed $125 million .

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.