Kroger, Albertsons identify nearly 600 locations they will sell to get merger approved
How many stores will Kroger and Albertsons sell for merger approval?
Kroger and Albertsons plan to sell 579 stores to C&S Wholesale Grocers in an effort to gain approval for their proposed merger. The sale is part of a divestiture plan to address concerns raised by regulators regarding the merger's potential impact on competition in the grocery market.
Which company is buying the divested stores from Kroger and Albertsons?
C&S Wholesale Grocers is the company that will buy the 579 divested stores from Kroger and Albertsons as part of their merger deal. The sale is expected to happen after the completion of the Kroger-Albertsons merger.
What are the total states affected by the store divestiture?
The store divestiture by Kroger and Albertsons affects 18 states and Washington D.C. The states most impacted include Washington with 124 stores, Arizona with 101 stores, Colorado with 91 stores, California with 63 stores, and Oregon with 62 stores3.