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BUSINESS
June 3, 2000 | Bloomberg
Kroger Co.'s plan to buy 74 supermarkets from Winn-Dixie Stores Inc. was challenged by the Federal Trade Commission, which said the merger would eliminate direct competition in Fort Worth. By a 5-0 vote, the FTC authorized its lawyers to seek a preliminary injunction from a federal judge in Dallas to block the purchase of the Texas and Oklahoma stores.
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BUSINESS
May 15, 2013 | By Tiffany Hsu
What happens to the 40% of food produced but never eaten in the U.S. each year, the mounds of perfect fruit passed over by grocery store shoppers, the tons of meat and milk left to expire? At Ralphs, one of the oldest and largest supermarket chains on the West Coast, it helps keep the power on. In a sprawling Compton distribution center that the company shares with its fellow Kroger Co. subsidiary Food 4 Less, organic matter otherwise destined for a landfill is rerouted instead into the facility's energy grid.
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BUSINESS
July 22, 1986
Under the plan, the Cincinnati-based company, one of the nation's largest retail food chains, said it will dispose of 100 food stores, cut headquarters costs by 25%, divest part if not all of its drugstore group and sell some food manufacturing plants. The after-tax cost of the restructuring is expected to total between $75 million and $95 million, exclusive of any gain on the sale of the stores.
BUSINESS
March 12, 2003 | Nancy Rivera Brooks, Times Staff Writer
Federal utility regulators have ordered hearings into whether energy suppliers overcharged the city of Burbank and the Kroger Co. supermarket operator for long-term electricity contracts signed during the energy crisis. But first, Burbank and Kroger must hold settlement talks with the power sellers, the Federal Energy Regulatory Commission said in an order issued Monday. Burbank's complaint seeks to lower the price of contracts signed with subsidiaries of Calpine Corp.
BUSINESS
September 21, 1988 | Associated Press
The prospect of a bidding war for Kroger Co. loomed Tuesday as the investment firm Kohlberg Kravis Roberts & Co. offered $4.6 billion for the supermarket operator, topping an offer from Dart Group Corp. made the day before. Kohlberg Kravis--which earlier this year outbid Dart for Stop & Shop Cos.--offered to pay $58.50 a share for each of Kroger's 78.6 million outstanding shares, or a total of $4.6 billion.
BUSINESS
March 12, 2003 | Nancy Rivera Brooks, Times Staff Writer
Federal utility regulators have ordered hearings into whether energy suppliers overcharged the city of Burbank and the Kroger Co. supermarket operator for long-term electricity contracts signed during the energy crisis. But first, Burbank and Kroger must hold settlement talks with the power sellers, the Federal Energy Regulatory Commission said in an order issued Monday. Burbank's complaint seeks to lower the price of contracts signed with subsidiaries of Calpine Corp.
BUSINESS
May 15, 2013 | By Tiffany Hsu
What happens to the 40% of food produced but never eaten in the U.S. each year, the mounds of perfect fruit passed over by grocery store shoppers, the tons of meat and milk left to expire? At Ralphs, one of the oldest and largest supermarket chains on the West Coast, it helps keep the power on. In a sprawling Compton distribution center that the company shares with its fellow Kroger Co. subsidiary Food 4 Less, organic matter otherwise destined for a landfill is rerouted instead into the facility's energy grid.
BUSINESS
June 3, 2000 | Bloomberg
Kroger Co.'s plan to buy 74 supermarkets from Winn-Dixie Stores Inc. was challenged by the Federal Trade Commission, which said the merger would eliminate direct competition in Fort Worth. By a 5-0 vote, the FTC authorized its lawyers to seek a preliminary injunction from a federal judge in Dallas to block the purchase of the Texas and Oklahoma stores.
BUSINESS
September 21, 1988 | Associated Press
The prospect of a bidding war for Kroger Co. loomed Tuesday as the investment firm Kohlberg Kravis Roberts & Co. offered $4.6 billion for the supermarket operator, topping an offer from Dart Group Corp. made the day before. Kohlberg Kravis--which earlier this year outbid Dart for Stop & Shop Cos.--offered to pay $58.50 a share for each of Kroger's 78.6 million outstanding shares, or a total of $4.6 billion.
BUSINESS
July 22, 1986
Under the plan, the Cincinnati-based company, one of the nation's largest retail food chains, said it will dispose of 100 food stores, cut headquarters costs by 25%, divest part if not all of its drugstore group and sell some food manufacturing plants. The after-tax cost of the restructuring is expected to total between $75 million and $95 million, exclusive of any gain on the sale of the stores.
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