A sign is displayed outside a Safeway grocery store Wednesday, Feb. 14, 2024, in Denver. Colorado Attorney General Phil Weiser announced the filing of a lawsuit to block the Kroger/Albertsons merger on the basis of eliminating competition during a news conference Wednesday, in Denver. are spread across the state, ranging from Alamosa and Cortez to Fraser and Frisco with several in metro Denver. Two Albertsons stores are on the list of those to be sold. The rest are Safeways.
“The workers wanted to know. It causes anxiety for our membership, it causes a lot of uncertainty,” Cordova said. “The companies have not been transparent during this whole process.” Cordova said the union was notified that the Federal Trade Commission will hold an administrative hearing on the merger starting July 31. The FTC didn’t respond to a question about the hearing.
The $1.9 billion deal to sell some of the companies’ stores to C&S Wholesale Grocers is intended to spur competition when Kroger and Albertsons consolidate. Cordova said employees fear a repeat of what happened when Albertsons acquired Safeway in 2015. Haggen, a small supermarket chain based in Washington state, bought some of the stores and in less than a year filed for bankruptcy.
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