63 Albertsons in California to be sold to C&S Wholesale if Kroger merger OK’d

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63 Albertsons in California to be sold to C&S Wholesale if Kroger merger OK’d
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The company did not specify which stores in California would switch to the C&S banner.

The Albertsons logo is displayed in front of an Albertsons grocery store on October 14, 2022 in Los Angeles, California. Top grocery retailer Kroger agreed to acquire rival Albertsons for $24.6 billion. Kroger and Albertsons Cos. on Monday, April 22 announced a revised plan to divest 579 stores, 63 of them in California, to C&S Wholesale Grocers as part of

“Importantly …all existing collective bargaining agreements will continue, and associates will continue to receive industry-leading health care and pension benefits alongside bargained-for wages,” he said in a statement.

 

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