In Arizona, Kroger-Albertsons merger would create a supermarket behemoth

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A merger would mean that just one company controls almost half of the market for grocery stores in Ariz., which could raise anticompetitive concerns.

Kroger is Cincinnati's largest employer. Here are five facts to know about the company.Two of Arizona's supermarket giants plan to combine forces in a deal affecting more than 250 stores and in excess of 35,000 workers around the state.

Both companies rank among the state's largest nongovernmental employers. Kroger ranked fourth overall inwith more than 21,000 workers in Arizona, while Albertsons placed tied for sixth with 14,500. The combined companies would have nearly a 44% share of the Arizona grocery market, according to a 2019 analysis by Chain Store Guide. Walmart and Costco were the two next largest grocery competitors, with nearly a 26% share combined.

The proposed acquisition could have outsized relevance in Arizona, where prices for supermarket food and overall inflation have rung hotter than at the national level. Combined, Albertsons and Kroger currently employ more than 710,000 workers in just under 5,000 stores, 66 distribution centers, 52 manufacturing plants, 3,972 pharmacies and 2,015 fuel centers.

 

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The fed should block this merger.

They would essentially be the only major grocer because Albertsons owns Safeway. Aldis and Winco are too small to cover the grounds of Safeway and Frys ( Kroger)

Not good!

That’s insane

This is bad for everyone, I hope the transaction will be blocked

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