63 Kroger, Albertsons Stores in California to Be Sold Under Merger

Published on July 10, 2024

LOS ANGELES—Kroger and Albertsons on July 9 released a list of 579 stores that would be sold off under a proposed mega-merger of the grocery giants, including 63 locations in California. The vast majority of the California locations are in Southern California. According to Bloomberg, Kroger CEO sent a memo to employees at all of the affected stores notifying them of the plans to spin off the locations to C&S Wholesale Grocers if the merger goes through. All employees are expected to be able to maintain their employment with C&S, officials have said. The merger is being challenged by the Federal Trade Commission, which claims the proposed $24.6 billion merger would lead to higher grocery prices through a reduction in marketplace competition, and also potentially negatively affect workers....

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