Kroger Agrees to Acquire Major Rival Albertsons for $24.6B
While the prospects of the acquisition are promising, stakeholders need not rejoice yet as anti-competitive scrutiny may ensue to stall the deal.
While the prospects of the acquisition are promising, stakeholders need not rejoice yet as anti-competitive scrutiny may ensue to stall the deal.
Spain, Italy, France, and Germany all recorded over 100,000 COVID-19 cases. As hopes for the sooner recovery from the virus started fading, global stocks and market indices suffered on Wednesday.
Over the last few years, the giant stake in Apple (AAPL) stocks acquired by a prominent investor Warren Buffett has paid off significantly with more than 80% returns.
As it has become known, food delivery giant Grubhub is not going to run a selling process despite the rumors. After this news, its shares fell 6.7% to $52.02.
Walmart’s new technology, that is called Alphabot, will facilitate the process of picking, packing and delivering online grocery orders and make all the things faster.
Albertsons Companies will start piloting IBM Food Trust to help overcome the hurdles appearing when a traceback is initiated for high-risk food products.
The companies announced they are going to explore how the blockchain technology can be used to increase global food safety and prevent illnesses caused by contaminated products.