Reuters: Kroger and Albertsons Seek Sale of Up to 300 Stores to Ease Merger Concerns
Retail TouchPoints
FEBRUARY 10, 2023
Kroger and Albertsons Companies are reportedly working on plans to sell between 250 and 300 of their combined 4,996 stores in order to alleviate U.S. antitrust concerns regarding their merger, people familiar with the matter told Reuters. The move is aimed at easing regulators’ concerns that the deal could lead to grocery price hikes during a time of heavy inflation.
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