Is my grocery store closing? 7 questions about the Kroger, Albertsons mega-merger

  • 📰 dallasnews
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 71%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Kroger and Albertsons, merging in a $24.6 billion deal, operate nearly 200 stores combined in Dallas-Fort Worth, some within blocks of one another.

That’s because stores often operate close to one another. For instance, in Dallas’ Oak Lawn neighborhood, there are Kroger and Tom Thumb stores less than a half mile apart.

When Tom Thumb and Albertsons merged in 2015, the company kept the stores operating under two different names in Dallas-Fort Worth. Although Albertsons in this region operates under a low-priced model, Tom Thumb has a more upscale feel with nicer stores and more services. Since both companies have rewards programs, apps with digital deals and loyalty cards, expect both to remain, but likely under a combined program.Both Kroger and Albertsons stores have a strong collection of private label products, about 34,000 in all that totaled about $43 billion in sales last year. For Kroger, that includes its Kroger and Private Selection brands, the organic label Simple Truth and the meals-to-go imprint Home Chef.

Kroger makes about 30% of its own store brand products. After the Albertsons merger, the combined company would have 52 manufacturing plants.About 80% of Kroger and Albertsons stores have their own pharmacies, 3,972 in all. In fact, each company is among the nine largest pharmacies in the country with an

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:

 /  🏆 18. in SG
 

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

HEB will be shutting them all down within five years

You get what you vote for

Kroger was great but has slid into..OK. Albertsons was awful but has climbed to…OK. Maybe together they can be GOOD to take on HEB.

This is great news for the grocery consumer. Speaking of HEB,they won’t be able to keep up with the great prices that this Kroger Albertson’s will bring the consumer. Plus, HEB ain’t all that.

kroger Albertsons Are all DMN stories now behind a paywall?

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Kroger and Albertsons plan merger to combine 2 largest supermarket chainsThe grocery store chain Kroger plans to buy rival Albertsons in a merger valued at $24.6 billion — a deal that is likely to draw intense antitrust scrutiny from federal regulators as food costs soar. Ugh. Kroger is already too big for itself. Kroger is already a behemoth.
Source: NPR - 🏆 96. / 63 Read more »

Kroger announces deal to merge with Albertsons to form a mega grocery chain | CNN BusinessKroger announced it's merging with Albertsons in a $24.6 billion deal, creating one of the largest grocery store chains in the United States with nearly 5,000 stores when combined. Inflation: 14 Consumers: 0 Well, this won't help food prices or the bare shelves (and poor quality) at Kroger. I don't suppose the FTC will step in to thwart this attempted monopoly? Kroger sucks. I feel so sorry for their workers.
Source: cnnbrk - 🏆 393. / 55 Read more »