Kroger and Albertsons are getting ready to sell hundreds of stores, including more than 50 in Colorado to Piggly Wiggly's parent company. Kroger and Albertsons own King Soopers, City Market and Safeway stores in Colorado.
Those companies are offloading 413 stores to C&S Wholesale Grocers, LLC to try to win anti-trust approval for the merger between Kroger and Albertsons.
The merger has run into resistance from local and state officials over concerns that it could create a grocery monopoly which some claim would hurt employees and consumers.
According to Kroger, the merger remains on track to close early 2024.
Thanks for reading CBS NEWS.
Create your free account or log in
for more features.
Business - Latest - Google News
September 09, 2023 at 05:13AM
https://ift.tt/LS2FKTE
Kroger, Albertsons selling 50+ stores in Colorado to Piggly Wiggly's parent company - CBS News
Business - Latest - Google News
https://ift.tt/1fdDPov
Bagikan Berita Ini
0 Response to "Kroger, Albertsons selling 50+ stores in Colorado to Piggly Wiggly's parent company - CBS News"
Post a Comment