579 grocery stores could be sold off in a Kroger-Albertsons merger. Here’s the complete list

  • 📰 aldotcom
  • ⏱ Reading Time:
  • 26 sec. here
  • 19 min. at publisher
  • 📊 Quality Score:
  • News: 73%
  • Publisher: 68%

@Hp-Top-Stories News

Kroger,Albertsons,Safeway

Kroger and Albertsons had not previously disclosed which stores would be sold to a competitor.

Kroger Co. on Tuesday identified for the first time more than 600 stores it plans to sell as part of its merger with rival Albertsons.Kroger for the first time Tuesday identified the nearly 600 U.S. stores it plans to sell off to a competitor to secure approval for its $24.6 billion purchase of rival Albertsons.Albertsons Cos., which owns Safeway, in October 2022.

The two supermarket giants are awaiting a trial set for Aug. 26 in federal court in Oregon after the Federal Trade Commission and nine states filed suit in February to halt the merger. Federal regulators argued and the state attorneys general argued that combining Kroger with Albertsons would lessen competition and give the merged chain too much control over grocery prices and employees’ wages.If you purchase a product or register for an account through a link on our site, we may receive compensation.

 

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

 /  🏆 82. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

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 »

35 Mariano's, Jewel stores in Illinois to be sold in Kroger-Albertsons merger talksAs they continue to pursue a blockbuster merger, Kroger and Albertsons have identified nearly three-dozen Illinois stores they plan to sell as part of a…
Source: nbcchicago - 🏆 545. / 51 Read more »

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
Source: abc15 - 🏆 263. / 63 Read more »