Kroger & Albertsons set to sell 400 stores for close to $2billion as fears persist that merger could hurt shoppers

KROGER and Albertsons are divesting 400 businesses valued at nearly $2 billion to address antitrust concerns surrounding their merger.

Kroger announced its $25 billion merger with Albertsons last October, but both companies have been heavily criticized by the public and the US Congress.

Kroger and Albertsons plan to sell 400 stores


Kroger and Albertsons plan to sell 400 storesPhoto credit: Getty
The deal follows a multimillion-dollar merger that raised antitrust concerns


The deal follows a multimillion-dollar merger that raised antitrust concernsPhoto credit: Getty

The two major retailers are under investigation by the Federal Trade Commission amid concerns the merger could reduce competition and increase prices.

To deflect those antitrust concerns from federal regulators, Kroger said in his merger announcement that the combined store will likely divest some businesses.

Recent talks between Kroger, Albertsons and C&S Wholesale Grocers are likely to be nearing completion, according to people familiar with the situation.

If the deal goes through, C&S will vastly expand its footprint, which currently consists of around two dozen locations under the Grand Union and Piggly Wiggly brands.

According to a source, an investment group from Japan is negotiating a deal with C&S to fund part of the purchase.

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Aila Slisco

Aila Slisco is a Dailynationtoday U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. Aila Slisco joined Dailynationtoday in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing:

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