By Lauren Hirsch
Source: The New York Times
The grocery giant Kroger announced plans on Friday to acquire Albertsons in a $24.6 billion deal that could reshape the supermarket landscape in the United States. If it is approved by officials, the deal would unite two of the country’s largest supermarket chains to create a corporate behemoth that collectively generates $209 billion in revenue a year and operates nearly 5,000 stores.
The acquisition, aimed in part to take on Walmart, comes as record inflation continues to squeeze people’s wallets and as regulators try to rein in the power of giant corporations. That leaves a number of questions about the potentially industry-shifting deal. Here are answers to a few of them.