Eric Winn News Today

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 announced today that they would sell an additional 166 outlets to C&S Wholesale Grocers, offloading a total of 579 stores under the new deal. Read more.

Retailers sell 166 more stores to address regulator concerns and stay on track with proposed merger

A total of 91 stores in the state could be part of the deal. FTC and state AG have sued to stop the plan.

The companies now plan to sell 579 Kroger and Albertsons stores in markets where they overlap to C&S Wholesale Grocers, a New Hampshire grocery supplier and operator, for $2.9 billion.

In February, the U.S. Federal Trade Commission sued to block the $24.6 billion merger between the grocery giants

Kroger and Albertsons Cos have amended the asset sale agreement with C&S Wholesale Grocers to get regulatory nod for their proposed merger.

The amended divestiture plan adds stores, facilities and banner names to enhance competition in overlap geographies and to address regulator concerns.

Amended Divestiture Plan Adds Stores, Facilities and Banner Names to Enhance Competition in Overlap Geographies and to Address Regulator Concerns CINCINNATI, April 22, 2024 /PRNewswire/ -- The...

The companies now plan to sell 579 Kroger and Albertsons stores in markets where they overlap to C&S Wholesale Grocers.