Macy’s to lay off 13% of corporate staff and close five stores, as more retailers attack margin concerns with tech
Macy’s to lay off 13% of corporate staff and close five stores, as more retailers attack margin concerns with tech
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Albertsons is now suing Kroger for billions. That won’t help it find another buyer, analysts say.
Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after two judges blocked it.
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Judges block Kroger-Albertsons merger. Continuing the courtroom fight could test investors’ patience.
The supermarket chains said they were disappointed with Tuesday’s court rulings, adding that they are reviewing their options.
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