Kroger, Albertsons sell hundreds of stores in a bid to clear merger of 2 largest US grocers

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Grocers Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their merger.

The analyst said divestitures would be less likely in Boise, where Walmart, Winco, Costco and other grocery retailers have expanded aggressively, and where the market concentration of Albertsons and Fred Meyer stores might not be enough to worry regulators.

Last month, discount grocer Aldi said it plans to buy 400 Winn-Dixie and Harveys supermarkets in the southern U.S. C&S, which was founded in 1918, is a supplier to independent grocery stores, supplying more than 7,500 independent supermarkets, retail chain stores and military bases. It currently runs Grand Union grocery stores and Piggly Wiggly franchise and corporate-owned stores in the Midwest and Carolinas.

 

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Large US grocery chains Kroger, Albertsons selling 400+ locations in order to make their mergerKroger and Albertsons will sell more than 400 stores and other assets to get government permission for their merger.
แหล่ง: News4SA - 🏆 251. / 63 อ่านเพิ่มเติม »

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…
แหล่ง: denverpost - 🏆 13. / 72 อ่านเพิ่มเติม »

Kroger, Albertsons sell hundreds of stores in bid to clear merger of 2 largest US grocersKroger 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 rev
แหล่ง: KUTV2News - 🏆 281. / 63 อ่านเพิ่มเติม »

Kroger and Albertsons sell hundreds of stores in a bid to clear merger of the 2 largest US groceriesGrocers Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their merger.
แหล่ง: wjxt4 - 🏆 246. / 63 อ่านเพิ่มเติม »

Kroger and Albertsons sell hundreds of stores in a bid to clear merger of the 2 largest US groceriesGrocers Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their merger.
แหล่ง: wjxt4 - 🏆 246. / 63 อ่านเพิ่มเติม »