Kroger and Albertsons to Sell Over 500 Store Locations in Merger Compromise to Be Purchase by C&S Wholesale Grocers

Benzinga 2024-07-13

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Kroger and Albertsons have identified over 500 store locations that they plan to sell to C&S Wholesale Grocers to help get their proposed merger approved. The store divestitures aim to address antitrust concerns raised by regulators like the FTC about the merger reducing competition in grocery markets. Kroger and Albertsons will also sell six distribution centers, a dairy plant, certain brands, and other non-store assets. The proposed merger faces ongoing legal challenges from the FTC, which argues it could lead to higher food prices for customers and fewer shopping choices.

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