KROGER COMPANY, THE

EG Group in talks to sell some UK assets to co-founder Zuber Issa

...EG Group is in talks to offload some UK assets to billionaire co-founder Zuber Issa in what the company told investors was an attempt to reduce the debt pile of its petrol-station empire....

March 6, 2024

Liberty Media Corp

Formula One owner closes in on €4bn deal for MotoGP

...Formula One owner Liberty Media is in exclusive talks to buy the company that owns MotoGP for more than €4bn, in a deal that would unite the elite car and motorcycle racing series, according to people familiar...

March 27, 2024

FT Live

Transforming the Finance Function with AI

Strategies for delivering advanced analytics, automation and decision-making

Informa PLC

Informa employee snubbed Israeli tech firm citing company policy

...The Israeli tech company had been attempting to register a senior director at the annual Finovate conference, a global event for financial technology companies....

January 31, 2024

LexHelen Thomas

The Lex Newsletter: New terrain for antitrust watchdogs Premium

...The US Federal Trade Commission last month sued to block Kroger’s $24.6bn bid to buy rival Albertsons, the largest supermarket deal in history....

March 13, 2024

US financial regulation

Largest US supermarket deal caught in Biden antitrust crackdown

...A Kroger spokesperson said that blocking the deal would “harm the very people the FTC purports to serve: America’s consumers and workers”....

February 26, 2024

FT live news

News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger

FT Live

Bank of the Year Awards 2024

Recognising the best in banking globally

LexMergers & Acquisitions

Dealmakers beware: US antitrust enforcers wade into workers’ rights Premium

...Whatever the outcome, companies have been put on alert. For regulators, the labour market is fair game in M&A. pan.yuk@ft.com...

March 12, 2024

News updates from February 27: Hungary backs Sweden’s Nato bid, FTC sues to block Kroger-Albertsons merger

FTC sues to block biggest supermarket merger in US history

...The US Federal Trade Commission has sued to block Kroger Company’s acquisition of Albertsons Companies in a move that threatens the largest supermarket merger in US history....

February 26, 2024

News updates from September 8: Yellen dismisses China concerns, Greek debt returns to investment grade

US grocer Kroger warns of weak sales in ‘tougher’ consumer environment

...Alongside its results, the company also reported it is taking a $1.4bn charge to settle nationwide opioid lawsuits....

September 8, 2023

News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates

Retail risers in the US

...Kroger, which is seeking to pull off the biggest supermarket merger in US history, was up almost 9 per cent....

March 7, 2024

News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates

What to watch in North America today

...Grocery chain Kroger will also report earnings. It is forecast to report a same-store sales decline as food inflation causes consumers to seek bargains at discount stores....

March 7, 2024

Paul Killik

Why buying company shares has gone out of fashion

...These investors, however, have very little say in the running of the companies contained in their funds, unlike direct shareholders....

April 5, 2024

Moral Money

The case against carbon emissions as a universal metric Premium

...At a glance, CAS found, it appears that Walmart and Target have done more to cut emissions than competitors Costco and Kroger....

April 15, 2024

Janan Ganesh

The rise of the political casual

...There is a misconception that football fans aim to avoid people who have zero interest in the sport. No. The real drag is the casual: the office pest who wonders how “your lot” got on over the weekend....

February 9, 2024

FirstFT

FirstFT: Joe Biden to propose big tax rises in State of the Union address

...Grocery chain Kroger will also report earnings....

March 7, 2024

FT Live

TNW Conference 2024 - The Next Web

Europe’s leading tech event for corporates, startups, investors and governments

FT News Briefing podcast11 min listen

A look at Temu’s murky business model

...Plus, the FT’s Dan McCrum unpacks the mystery behind how Temu took over the retail world....

March 8, 2024

Gillian Tett

Green audits are coming for a company near you

...Since most large American entities touch the Golden State, this will suck 8,000 companies into the net, according to Crunchbase estimates....

February 29, 2024

Travel

Shortcuts: Explora launches new expeditions and the ‘power-hour’ lunch comes to London

...Now though, the company is looking beyond its core business of luxury lodge-based trips....

March 30, 2024

John Thornhill

The Klarna drama reveals a governance gap

...The company was swimming in a sea of losses after expanding aggressively in the US....

February 29, 2024

LexApple Inc

Apple is not the only company backing away from driverless cars Premium

...With over $155bn in cash at the plan’s inception, Apple had the funds and reputation to pose a credible threat to the car industry. The company has ramped up research spend....

March 7, 2024

News updates from November 30: Global stocks record best month in 3 years on rate cut hopes, US oil production rises to fresh record

What to watch in North America today

...Earnings: Grocery chain Kroger could provide insights into the mood of US consumers when it reports before Wall Street’s opening bell....

November 30, 2023

Transcript

Transcript: Is the CV dead?

...It’s her voice you heard at the top of the show. Jess is one of the co-founders of Vizzy, a company looking to replace the drab CV with something slicker....

March 5, 2024

The Big Read

The battle over TikTok

...the person close to the company....

March 15, 2024

Special ReportFT High-Growth Companies Asia-Pacific

Australia’s Commonwealth Bank tie-in gives More Telecom a boost

...Morgan argues that the difference is CBA acquired a direct stake in the telecoms company and took a board seat....

April 3, 2024

Inside BusinessRichard Waters

Apple faces the most disruptive threat it has seen in the iPhone era

...The company has some clear advantages in the coming battle — yet, starting late, it could also be facing the most disruptive threat it has seen in the iPhone era....

March 1, 2024

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