September 21, 1988 |
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.
March 12, 2003 |
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.
May 15, 2013 |
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.