Articles by Sabrina Willmer and Jaewon Kang

Kroger Fights Suit by Albertsons Over Failed $24.6 Billion Deal

Kroger Co. is fighting back against a lawsuit brought by Albertsons Cos. over its failed $24.6 billion takeover of the rival grocery chain, escalating a dispute that began after US antitrust enforcers succeeded in blocking the deal last year. Albertsons …

Walmart’s DEI Compromise Holds Lessons for Corporate America

“Robby Starbuck has viewed your profile.” The LinkedIn alerts for Walmart Inc. executives started appearing on Nov. 18, offering an early signal that the anti-DEI campaigner was setting his sights on the biggest US private employer. Just a week later, …

Kroger’s $24.6 Billion Albertsons Deal Blocked by Judges

A federal judge blocked Kroger Co.’s $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for US grocery shoppers, in a ruling that marks a likely death knell for the deal. In a decision filed Tuesday, US …

Walmart, World’s Biggest Retailer, Will Curb Diversity Efforts

Walmart Inc. is reversing course on diversity, equity and inclusion initiatives, joining a growing list of businesses retreating on DEI programs targeted by conservative activists. The world’s biggest retailer will no longer consider race and gender to boost diversity when …

Lowe’s Scraps Some DEI Policies as Activist Claims a New Win

Lowe’s Cos. is scaling back its diversity, equity and inclusion programs, the latest American company to end such initiatives following a series of activists attacks on firms that promote DEI. The home-improvement retailer will no longer participate in surveys for …

FTC Sues to Block Kroger’s $24.6 Billion Albertsons Deal

The US Federal Trade Commission, eight states and Washington DC sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. Monday, arguing the tie-up would lead to lower wages for workers and higher prices for groceries. In a complaint …