Kroger Co. and Albertsons Companies could be selling up to 14 stores in Alaska to C&S Wholesale Grocers, LLC, following its merger

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Kroger Co. and Albertsons Companies Inc. announced Friday that is going to be selling off a certain amount of store locations to C&S Wholesale Grocers, LLC, following their proposed merger. The comprehensive divestiture plan, the companies shared in Friday’s announcement, is its next step in finalizing the merger.

ANCHORAGE, Alaska - The Kroger Company and Albertsons Companies, Inc. announced plans Friday to divest a number of stores to C&S Wholesale Grocers, LLC, following the proposed merger of the grocery store giants. The companies say the comprehensive divestiture plan is the next step in finalizing the merger.

In an email statement, Fred Meyer & QFC Corporate Affairs Manager Tiffany Sanders stated, “We are confident C&S’s experienced, purpose-driven leadership team and more than 100-year history of food industry experience will enhance the competitive marketplace. Importantly, C&S agreed to honor all collective bargaining agreements, securing the future of good-paying union jobs and protecting associates’ industry-leading health care and pension benefits as well as bargained-for wages.

A total of 413 stores are involved in the divestiture transaction, including 14 stores in Alaska. The specific locations that will be sold in Alaska have not been announced yet. Karinne Wiebold, an economist with the Department of Labor and Workforce Development, noted she does not believe the merger itself will necessarily have an impact on jobs.

 

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