
Albertsons reports solid Q4 sales, gets boost from pharmacy business
The company attributed the rise in identical sales primarily to strong growth in pharmacy sales.
The company attributed the rise in identical sales primarily to strong growth in pharmacy sales.
“Kroger’s weak claims are a deliberate tactic to distract from its own ongoing executive leadership issues; blatant and recurring failures to carry out its contractual obligations under the Merger Agreement."
She will take the helm, and a seat on the board, following Sankaran's planned retirement on May 1.
“Given the recent federal and state court decisions to block our proposed merger with Kroger, we have made the difficult decision to terminate the merger agreement.”
The supermarket operator said identical-store sales also increased 2.5% in the quarter ended September 9.