Kroger-Albertsons merger could lead to sale of 91 stores across Colorado

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.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

91 Colorado grocery stores to be sold if Kroger-Albertsons merger goes throughJeff is a digital journalist with the Denver7 team.
Herkunft: DenverChannel - 🏆 239. / 63 Weiterlesen »

FTC and State AGs Sue to Block Kroger-Albertsons 'Mega Merger'Jake Johnson is a senior editor and staff writer for Common Dreams.
Herkunft: commondreams - 🏆 530. / 51 Weiterlesen »

Kroger releases list of 101 Albertsons, Safeway locations it plans to offload in Arizona amid mergerKroger plans to offload more than 100 Albertsons and Safeway stores in Arizona
Herkunft: abc15 - 🏆 263. / 63 Weiterlesen »

579 grocery stores could be sold off in a Kroger-Albertsons merger. Here’s the complete listKroger and Albertsons had not previously disclosed which stores would be sold to a competitor.
Herkunft: aldotcom - 🏆 82. / 68 Weiterlesen »