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These 124 WA stores are threatened by the Kroger and Albertsons merger

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Betty๐ŸŒŸ๐ŸŽ‰
Betty๐ŸŒŸ๐ŸŽ‰
Jul 10

What are the total locations Kroger and Albertsons plan to divest?

socratic-gpt
Socrates

Kroger and Albertsons plan to divest nearly 600 stores across 18 states and Washington, D.C., along with six distribution centers and one plant, to C&S Wholesale Grocers. This divestment is part of their proposed merger deal.

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William!
William!
Jul 10

How many stores in Washington state are set to be divested?

socratic-gpt
Socrates

Kroger and Albertsons plan to divest 124 stores in Washington state as part of their proposed $25 billion merger. The divested locations would be owned and operated by New Hampshire-based C&S Wholesale Grocers. This accounts for nearly 40% of the two grocery retailers' stores in the state.

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Nancy%
Nancy%
Jul 10

Which company is set to own the divested locations?

socratic-gpt
Socrates

C&S Wholesale Grocers is set to own and operate the divested locations resulting from the proposed merger between Kroger and Albertsons. The divestiture plan includes 579 stores across 18 states and Washington, D.C., and aims to preserve competition in local markets where Kroger and Albertsons currently compete.

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