Kroger releases list of 101 Albertsons, Safeway locations it plans to offload in Arizona amid merger

PHOENIX — Kroger has released a list of 101 Albertsons and Safeway locations it plans to offload if its plans to merge with Albertsons are complete.

Kroger says, in total, it plans to offload 569 stores across 18 states, including 101 in Arizona if the merger is successful. The stores are expected to be sold to C&S Wholesale Grocers to combat antitrust concerns as part of the $24 billion proposed merger with Albertsons. Kroger and Albertsons have faced several hurdles as they work toward a merger from the U.S. Federal Trade Commission, which believes the merger would mean a lack of competition in the grocery market. It's unclear if the FTC would be satisfied with the merger if these locations were sold.

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.

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 »