Kroger identifies WA stores it will sell in effort to get Albertsons deal approved

[Yo_Mama_Been_Loggin]

Kroger Co. has identified the 579 stores it plans to sell to C&S Wholesale Grocers in an effort to get antitrust regulators’ approval for its $24.6 billion acquisition of Albertsons Cos.

Cincinnati-based Kroger (NYSE: KR), the nation’s largest operator of traditional supermarkets, notified employees Tuesday, July 9, and revealed the list of stores to be sold. The transaction with C&S is contingent on completion of Kroger’s purchase of Albertsons.

Kroger’s planned sales are largely in markets where Kroger and Albertsons, the nation’s second-largest operator of traditional supermarkets, have significant overlap. It plans to sell stores in 18 states and Washington, D.C. (number of locations per state are listed):

Washington, 124
Arizona, 101
Colorado, 91
California, 63
Oregon, 62
Illinois, 35
Texas, 28
Alaska, 18
Nevada, 16
Idaho, 10
New Mexico, 9
Wyoming, 5
Maryland, 4
Utah, 4
Virginia, 3
Louisiana, 2
Montana, 2
Delaware, 1
Washington, D.C., 1.

https://www.bizjournals.com/seattle/news/2024/07/09/kroger-ids-stores-sell-cs-wholesale-albertsons-ok.html

So selling 124 stores in Washington is supposed to provide more choices and affordable options? Someone's using Republican math.

[AZSkiffyGeek]

1. They're closing the Safeways and Albertsons near my house in Phoenix

We have something like seven Fry's (Kroger) within four miles, three Safeways and two Albertsons. The Safeways and Albertsons are closing - which sucks because they have better produce (even if they are more expensive).

[AnnaLee]

2. All the Haggen and Safeway in Bellingham.

Alberson in B'ham left in the last merger. I guess we will have Fred Meyer, Winco and Costco until they come after them.