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Kroger to close at least two Virginia stores in profitability move
Kroger plans nationwide store closures over 18 months to improve profitability. At least two stores in Virginia will likely close.
Kroger blames Albertsons for merger’s demise in new court filings
Kroger is denying Albertsons‘ claims that it didn’t do enough to ensure regulatory approval of the companies’ planned supermarket merger. In court papers filed Tuesday in the Delaware Court of Chancery, Kroger said Albertsons disregarded the companies’ merger agreement and worked secretly with a partner, C&S Wholesalers, to try to force Kroger to divest more […]
Food City to pay $8.4M to settle opioids-related allegations
Abingdon-based K-VA-T Food Stores, operator of the Food City supermarket chain, has agreed to pay more than $8.4 million to the federal government to settle allegations under the False Claims Act (FCA) related to dispensing opioids and other controlled substances. The U.S. Department of Justice announced the agreement with K-VA-T Food Stores Monday, In a statement, […]
