Kroger Co. released its second quarter earnings results Friday, Sept. 8, topping Wall Street’s expectations. However, the hallmark of the results was the news that Kroger has reached a $1.4 billion opioid-related settlement and finalized a deal to sell more than 400 stores in connection to its megamerger with Albertsons Companies.
Source: The Business Journal
Kroger agrees to $1.4 billion opioid settlement; reveals deal to sell 413 stores related to Albertsons megamerger
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