Kroger and Albertsons plan to sell over 400 stores in connection with $24.6B merger
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Grocery giants Kroger and Albertsons announced their plan to sell more than 400 stores and other assets in connection with a $24.6 billion merger proposed last fall, seeking to clear a path for the grocery chains to unite forces.
Kroger and Albertsons agreed to sell 413 stores throughout the country to C&S Wholesale Grocers. Together the companies employ over 710,000 people…
This story from foxbusiness.com was posted on 2023-09-10 by @geovent.