Kroger plans to offload more than 100 Albertsons and Safeway stores in Arizona
PHOENIX — Kroger has released a list of 101 Albertsons and Safeway locations it plans to offload if its plans to merge with Albertsons are complete.
Kroger says, in total, it plans to offload 569 stores across 18 states, including 101 in Arizona if the merger is successful. The stores are expected to be sold to C&S Wholesale Grocers to combat antitrust concerns as part of the $24 billion proposed merger with Albertsons. Kroger and Albertsons have faced several hurdles as they work toward a merger from the U.S. Federal Trade Commission, which believes the merger would mean a lack of competition in the grocery market. It's unclear if the FTC would be satisfied with the merger if these locations were sold.
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