What could grocery chain merger mean for Mariano's? Kroger releases statement

. Kroger, based in Cincinnati, Ohio, bid $20 billion for Albertsons. Kroger would also assume $4.7 billion of Albertsons’ debt. The deal is targeted to close early next year.

The 413 stores, along with QFC, Mariano’s and Carrs brand names, are being sold to to C&S Wholesale Grocers. Kroger will also divest the Debi Lilly Design, Primo Taglio, Open Nature, ReadyMeals and Waterfront Bistro private label brands. In addition, C&S will get eight distribution centers and two offices.

All fuel centers and pharmacies associated with the divested stores will remain with the stores and continue to operate. Feeling out of the loop? We'll catch you up on the Chicago news you need to know.

"Today, Kroger and Albertsons Companies announced a comprehensive divestiture plan with C&S Wholesale Grocers. The plan will not impact Kroger Central Division at this time," the statement read."Because we are still in the regulatory process, we are not able to share the specific locations included in the agreement.

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