Kroger Co. and Albertsons Companies could be selling up to 14 stores in Alaska to C&S Wholesale Grocers, LLC, following its merger

ANCHORAGE, Alaska - The Kroger Company and Albertsons Companies, Inc. announced plans Friday to divest a number of stores to C&S Wholesale Grocers, LLC, following the proposed merger of the grocery store giants. The companies say the comprehensive divestiture plan is the next step in finalizing the merger.

In an email statement, Fred Meyer & QFC Corporate Affairs Manager Tiffany Sanders stated, “We are confident C&S’s experienced, purpose-driven leadership team and more than 100-year history of food industry experience will enhance the competitive marketplace. Importantly, C&S agreed to honor all collective bargaining agreements, securing the future of good-paying union jobs and protecting associates’ industry-leading health care and pension benefits as well as bargained-for wages.

A total of 413 stores are involved in the divestiture transaction, including 14 stores in Alaska. The specific locations that will be sold in Alaska have not been announced yet. Karinne Wiebold, an economist with the Department of Labor and Workforce Development, noted she does not believe the merger itself will necessarily have an impact on jobs.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Kroger and Albertsons looking to sell 400 stores to wholesale grocery company, report saysGrocery giants Kroger and Albertsons – the respective parent companies of King Soopers and Safeway – are reportedly in the midst of negotiating an almost $2 billion deal with C&S Wholesale Groc…
Bron: denverpost - 🏆 13. / 72 Lees verder »

Here's where Kroger and Albertsons are selling stores ahead of their mergerKroger and Albertsons will sell more than 400 stores and other assets for about $1.9 billion, seeking to clear a path for a merger with antitrust regulators reviewing a deal that would unify two of the nation's largest grocery chains.
Bron: FOX26Houston - 🏆 448. / 53 Lees verder »

Kroger, Albertsons sell hundreds of stores in bid to clear merger of 2 largest US groceriesThe 413 stores, along with QFC, Mariano’s and Carrs brand names, are being sold to to C&S Wholesale Grocers.
Bron: nbcchicago - 🏆 545. / 51 Lees verder »