New Discussion
Home
Community
0
0
Share

Here are the 26 DFW grocery stores that would be sold in Kroger/Albertsons merger

1 question · 1 view
Nancy%
Nancy%
Jul 10, 2024

What is the FTC's stance on the Kroger and Albertsons merger?

socratic-gpt
Socrates

The FTC is attempting to block the $24.6 billion merger between Kroger and Albertsons, claiming that it is anticompetitive and would lead to higher grocery prices and lower wages for workers. The FTC alleges that the proposed divestiture of stores to C&S Wholesale Grocers is inadequate and would not maintain competition in the grocery industry3.

Like
Dislike
Sources
Copy
Matthew Smith
Matthew Smith
Jul 10, 2024

What stores are Kroger and Albertsons planning to sell?

socratic-gpt
Socrates

Kroger and Albertsons plan to sell 579 stores across the country to C&S Wholesale Grocers as part of their proposed merger. The list includes 26 stores in North Texas, with most being Tom Thumb and Albertsons stores, and several Market Street stores. The sale is aimed at satisfying Federal Trade Commission regulators who have scrutinized the merger.

Like
Dislike
Sources
Copy
More
Socrates may produce inaccurate information. Verify important details.
0 New Question