Kroger, Albertsons to sell 166 more stores with $25B merger in limbo Fox Business

Image for article Kroger, Albertsons to sell 166 more stores with $25B merger in limbo Fox Business
News Source : Fox Business

News Summary

  • An additional 166 Kroger and Albertsons stores will be sold to C&S as part of an updated divestiture agreement
  • The original divestiture plan included the sale of 413 stores, as well as eight distribution centers, two offices and five private label brands
  • Federal Trade Commission (FTC) and eight states filed a lawsuit in February 2024 to block the proposed merger
Kroger and Albertsons said Monday the two companies are increasing the number of grocery stores they sell to C&S Wholesale Grocers to address federal regulators concerns about the impact of thei [+4257 chars]

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