California, Oregon, Illinois and five other U.S. states have asked a U.S. judge to award them legal fees for winning an order in federal court blocking Kroger’s now-abandoned $25 billion deal for grocery rival Albertsons.
An Albertsons official said all 39 employees would be offered jobs at the Albertsons on North Montana Avenue or the Safeway.
Albertsons' improved balance sheet and recent dividend increase highlight its potential for future growth. See why I rate ACI stock as a buy.
Shares of Albertsons Cos. are trading higher in the after-hours market following news the company will be joining the S&P MidCap 400. Albertsons is slated to replace Aspen Technology on the index on March 11. After the bell Tuesday, Albertsons stock was trading 4.5% higher at $20.65. The stock finished the regular session at $19.76, losing 4.4%.
Albertsons Companies announces CEO Vivek Sankaran's retirement on May 1, 2025, with Susan Morris set to succeed him. Morris, with nearly 40 years in the grocery retail sector, will also join the Board of Directors.