Kroger and Albertsons announce plans to offload hundreds of locations amid merger

As Kroger and Albertsons attempt to merge two of the nation's largest chains of grocery stores, the companies announced plans to divest from 579 stores across 18 states and the District of Columbia.

The companies put the full list of locations set to be sold on a website. The sale would also include six distribution centers and one processing plant. The companies had set early 2024 as a target to complete the merger, but the Federal Trade Commission has sued to block the move. The FTC alleged that the deal is"anticompetitive" and would lead to higher prices and fewer options for consumers.“This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over the past few years.

Leaders of the grocery chains have disputed allegations that the merger would stifle competition. They have claimed that the merger would lower costs, which they would then pass on to consumers.

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