Kroger, Albertsons -- still hoping to merge -- agree to sell more stores to satisfy regulators

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Kroger, Albertsons -- still hoping to merge -- agree to sell more stores to satisfy regulators
AlbertsonsC&S Wholesale GrocersDivestiture Plan
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Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their ...

Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger.

“We are confident this expanded divestiture package will provide the stores, supporting assets and expert operators needed to ensure these stores continue to successfully serve their communities for many generations to come,” C&S CEO Eric Winn said in a statement.in October 2022. The companies say it’s necessary so they can better compete with Walmart, Amazon and other big rivals.

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