Albertsons CEO to step down after Kroger merger fails. What he says about grocer’s future
The announcement Monday came the same day that Kroger’s CEO, Rodney McMullen, resigned after an investigation by the Cincinnati grocery company’s board into his “personal conduct.” That undisclosed conduct, “while unrelated to the business, was inconsistent with Kroger’s Policy on Business Ethics,” Kroger said in a news release.
The CEOs of both Kroger Co. and Albertsons Companies Inc., the two grocery giants that were involved in a failed ...
Under his leadership, Kroger has positioned itself as a formidable competitor to Walmart, Amazon, and other grocery giants.
Kroger is scheduled to report its fourth-quarter results Thursday before the market opens, an event that will be shadowed by Rodney McMullen's sudden departure. Here is what you need to know: ...
Albertsons' improved balance sheet and recent dividend increase highlight its potential for future growth. See why I rate ACI ...
Kroger is making daylight saving time a little easier by giving away free breakfast. The Cincinnati-based grocery chain is ...
Rodney McMullen’s abrupt exit caps a tumultuous period for the supermarket chain. The company’s next leader will need to ...
Albertsons Companies announces CEO Vivek Sankaran's retirement on May 1, 2025, with Susan Morris set to succeed him. Morris, ...
Despite inflation, shoppers aren't cutting back that much on purchases, the analyst said, a positive in Kroger's favor.
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