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Kroger, Albertsons identify nearly 600 locations they will sell to get merger approved
KRKroger(KR) Fox Business·2024-07-11 21:24

Kroger and Albertsons, who are looking to merge, have identified the 579 locations across the country that they intend to offload from their combined grocery store count. The planned divestiture of the stores is linked to the grocery giants’ efforts to assuage concerns voiced by regulators related to their proposed deal for Kroger to acquire Albertsons. C&S Wholesale Grocers is the company slated to buy the stores. Their sale is supposed to happen after the completion of the Kroger-Albertsons merger, accord ...