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Economy
Kroger, Albertsons plan to sell over 400 stores to C&S Wholesale for nearly $2 billion: Report
2023-09-08
[USA Today] Kroger and Albertsons supermarkets are in talks to sell more than 400 stores to C&S Wholesale Grocers for nearly $2 billion as part of their proposed $25 billion merger, according to a report from Reuters.

The divestiture, which was first reported to be in the works on Tuesday by Bloomberg, is part of a move to mollify antitrust regulators at the Federal Trade Commission.

Kroger and Albertsons plan to sell stores that are in the Pacific Northwest, the Mountain states and in California, Texas, Illinois, and the East Coast, Reuters reported. A deal could be announced as early as this week.

Kroger and Albertsons outlined the potential sale of 100 to 375 stores when they first announced their proposal in 2022. They have since disclosed they would cap divested stores at 650 locations.

Kroger and Albertsons declined to comment Wednesday and officials with C&S did not respond to emails from the USA TODAY Network seeking comment on the potential deal.
Posted by:Besoeker

#4  Ah, targeted marketing for queer clusters. UFO 'hotspots'

Well, it should be a good market for "anal probes."
Posted by: M. Murcek   2023-09-08 09:03  

#3  Ah, targeted marketing for queer clusters.

UFO 'hotspots' include active war zones and cities hit by atomic bomb: map
Posted by: Skidmark   2023-09-08 08:58  

#2  stores that are in the Pacific Northwest, the Mountain states and in California, Texas, Illinois, and the East Coast

Curious distribution.
Posted by: Skidmark   2023-09-08 08:55  

#1  Gov't actioned breakup was it? This C&S link might help explain.
Posted by: Besoeker   2023-09-08 03:55  

00:00