The grocers’ new deal with C&S Wholesale Grocers indicates they have heard the agency’s concerns — but whether it will be enough to get their proposed merger through remains unclear, analysts said.
Rogelio V. Solis/AP file Supermarket chains Kroger and Albertsons said Monday they will sell more of their stores in an effort to quell the federal government’s concerns about their 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 their ...
A customer leaves an Albertsons grocery store in 2022. Kroger and Albertsons will sell an additional 166 stores in an effort to appease regulators. (Aude Guerrucci/Reuters) Kroger and Albertsons ...
Kroger and Albertsons Cos. on Monday, April 22 announced a revised plan to divest 579 stores, 63 of them in California, to C&S Wholesale Grocers as part of a proposed $26.4 billion merger.
Albertsons posts Q4 revenue of $18.47 billion, Adjusted EPS of $0.54. Kroger, Albertsons and C&S amend divestiture package to address concerns raised by regulators. The increase was driven by a 1. ...
Kroger Co., which operates Fry's Food Stores in Arizona, said it now intends to unload most Albertsons and Safeway stores in the state if it receives regulatory approval to proceed with its ...
In an effort to secure federal approval for a proposed merger, Kroger and Albertsons announced that they would sell additional stores as part of a divestiture agreement, including dozens in Illinois.
Kroger KR-0.23%decrease; red down pointing triangle and Albertsons ACI-0.20%decrease; red down pointing triangle have agreed to sell more than 160 additional stores in a divestiture package ...
Supermarket chain Albertsons also posted better-than-expected earnings on Monday. (Caroline Brehman/Shutterstock) Kroger and Albertsons Cos. have agreed to sell 166 additional stores, a bid to ...