Kroger discloses plan to sell 63 supermarkets in California as part of its merger with Albertsons

  • 📰 latimes
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 82%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Supermarket giant Kroger Co. announced plans to offload more than 60 supermarkets in California as part of its planned merger with Albertsons.

The 63 supermarkets — primarily in Southern California — are among hundreds of stores, distribution centers and plants on a list the companies released on Tuesday identifying which ones it plans to sell to C&S Wholesale Grocers. The sale, however, would occur only if federal regulators approve Kroger’s bid to buy its smaller rival Albertsons.

The grocers, which announced their $25-billion merger in October 2022, are sharing the list ahead of a trial expected in August that will determine the fate of their deal. A coalition of United Food and Commercial Workers union locals in California has opposed the merger, organizing protests and meetings with grocery company representatives as well as state and federal and state regulators.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kroger and Albertsons to close these 63 grocery stores in California under mergerKroger and Albertsons are selling off nearly 600 stores across the country under their proposed merger, including more than 60 in California.
Source: FOXLA - 🏆 445. / 53 Read more »

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

Kroger announces 35 Chicago area Mariano's, Jewel-Osco stores to be sold for Albertsons mergerKroger announces 35 Chicago area Mariano's, Jewel-Osco stores to be sold
Source: cbschicago - 🏆 546. / 51 Read more »

Albertsons lists 18 Alaska Carrs Safeway stores planned for divestiture in proposed merger with KrogerA list of planned stores that will be divested by the parent company of Carrs-Safeway includes 18 locations in Alaska.
Source: AKNewsNow - 🏆 460. / 53 Read more »

Grocers release list of Alaska Carrs Safeway stores targeted for divestiture in Kroger-Albertsons mergerEighteen stores would be sold to C&S Wholesale Grocers, including 8 Carrs stores in Anchorage.
Source: adndotcom - 🏆 293. / 63 Read more »

US, states sue to block Kroger-Albertsons merger, saying it could push prices higherThe FTC filed the lawsuit in Oregon, joined by the attorneys general of California and seven other states and the District of Columbia.
Source: ladailynews - 🏆 332. / 59 Read more »