Kroger and Safeway parent company would close almost 600 stores as part of merger

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Employees at these closed locations would transfer their employment to C&S Wholesale Grocers, the owner of the Piggly Wiggly grocery brand. The employees transferring would have their pay and health benefits carried over with them.The number of closures with this proposed $24.6 billion merger would be 579.

Kroger and Albertsons have contended that the merger is necessary for the two to compete with larger grocery chains, such asand Costco. The two grocery companies have also vowed to invest $500 million to cut prices and $1 billion to increase the pay and benefits of employees.

 

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