By Bill Wilson Source: Supermarket News On Friday, Kroger and Albertsons Cos. agreed to sell over 400 stores to C&S Wholesale Grocers. The move could help convince the Federal Trade Commission to approve the proposed $24.6 billion Kroger, Albertsons merger deal. So, is the deal with C&S Wholesale Grocers good [...]
Alaska’s two biggest grocery chains to sell stores as part of merger. This business professor explains why.
By Casey Grove Source: Alaska Public Media The two biggest grocery store chains in the country, and Alaska, are moving forward with their multi-billion-dollar merger, and they’ve announced a plan to sell more than a dozen stores in Alaska to a third company. That proposal by Fred Meyer parent company [...]
By Francisco Guzman and Alexander Coolidge Source: USA Today Kroger and Albertsons supermarkets are in talks to sell more than 400 stores to C&S Wholesale Grocers for nearly $2 billion as part of their proposed $25 billion merger, according to a report from Reuters. The divestiture, which was first reported [...]