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Save A Lot Completes Transition to Wholesaler with Sale of 18 Stores

Retail TouchPoints

“As we’ve made a strategic shift to become a licensed wholesaler, it’s clear that our long-term growth momentum must be rooted in the success of our strong network of retail partners,” said Leon Bergmann, CEO of Save A Lot in a statement. This acquisition marks the final chapter in the retailer’s wholesale transformation, which began in 2020.

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To Make Merger More Palatable, Kroger and Albertsons Boost Store Divestment Count

Retail TouchPoints

billion merger, Kroger and Albertsons have increased the number of supermarkets they plan to divest by 166 , for a total of 579 stores. The retailers also have increased the corporate and office infrastructure they would sell to C&S Wholesale Grocers , as well as additional private label product lines, for a total of approximately $2.9

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Kroger and Albertsons to Sell 400+ Stores, 8 DCs to Speed Planned Merger

Retail TouchPoints

Kroger and Albertsons will sell 413 stores across 17 states and the District of Columbia, along with eight distribution centers, two offices and five private label brands, to C&S Wholesale Grocers for approximately $1.9 billion in cash.

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Kroger, Albertsons Delay Merger Timeline to August as They Negotiate with Regulators

Retail TouchPoints

The planned $24.6 While this is longer than we originally thought, we knew it was a possibility and our merger agreement and divestiture plan accounted for such potential timing,” according to a joint statement from the retailers. “We Top execs from both companies defended the merger in testimony to a U.S.

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FTC Seeks to Block $24.6 Billion Kroger-Albertsons Merger

Retail TouchPoints

In September 2023 Kroger and Albertsons announced plans to sell 400+ stores, eight DCs, two offices and five private label brands to C&S Wholesale Grocers for approximately $1.9 billion , but the FTC has criticized the divestment as inadequate.

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FMI laying foundation to make grocers nonfoods destination

Mass Relators

Duffy, who spoke during a recent webinar sponsored by FMI and the Acosta Group, talked about how the association is working to lay the groundwork for grocers to become a destination for nonfoods. From our perspective, it’s really a question of aligning strategically on a plan for retail with our suppliers,” Graham said. “We

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Kroger, Albertsons to Sell 166 Additional Stores in $2.9 Billion Divestiture Agreement Ahead of Proposed Merger 

Shopping Center

have announced plans to sell an additional 166 grocery stores to C&S Wholesale Grocers in a divestiture package. Cincinnati — Cincinnati-based The Kroger Co. and Boise, Idaho-based Albertsons Cos. This… The post Kroger, Albertsons to Sell 166 Additional Stores in $2.9

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