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Kroger, Albertsons identify nearly 600 locations they will sell to get merger approved

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Kroger and Albertsons, who are looking to merge, have identified the 579 locations across the country that they intend to offload from their combined grocery store count.

The planned divestiture of the stores is linked to the grocery giants’ efforts to assuage concerns voiced by regulators related to their proposed deal for Kroger to acquire Albertsons. C&S Wholesale Grocers is the company slated to buy the stores. Their sale is supposed to happen after the completion of the Kroger-Albertsons merger, according to an April press release.

Kroger and Albertsons first said in September 2023 that 413 stores would go to C&S and then, in April, upped the amount by 166 to its current count as part of a larger, updated divestiture plan.

Kroger CEO Rodney McMullen said in April, as the company announced the updated divestiture plan, that it "continues to ensure no stores will close as a result of the merger and that all frontline associates will remain employed, all existing collective bargaining agreements will continue, and associates will continue to receive industry-leading health care and pension benefits alongside bargained-for wages.

 

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