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reddig33@lemmy.world to News@lemmy.world · 1 year ago

Kroger, Albertsons to sell 166 more stores seeking approval of $25 billion merger

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Kroger, Albertsons to sell 166 more stores seeking approval of $25 billion merger

reddig33@lemmy.world to News@lemmy.world · 1 year ago
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https://www.reuters.com/markets/deals/kroger-albertsons-amend-asset-sale-agreement-with-cs-wholesale-2024-04-22/

  • jordanlund@lemmy.worldM
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    1 year ago

    So who’s buying 166 grocery stores?

    A: C&S Wholesale Grocers

    https://www.cswg.com/services/private-label-brands/

    Best Yet
    That’s Smart!
    Piggly Wiggly - Never been in one, but I’ve at least heard of it.
    IGA - This one I know, rare to see in the wild here.
    TopCare
    Simply Done
    Full Circle
    Culinary Tours
    Crav’n Flavor
    Paws Premium
    Pure Harmony
    Tippy Toes

    • reddig33@lemmy.worldOP
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      1 year ago

      Albertsons has been closing stores in my area and what’s replaced them isn’t other grocery stores. So much for “increasing competition”. So far it’s been condos, and a hobby lobby.

      • comador @lemmy.world
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        1 year ago

        My Albertsons became another megachurch… /facepalm

      • DarkNightoftheSoul@mander.xyz
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        1 year ago

        One in my ol’ hometown got replaced with some sort of bouncehouse or something. It is notoriously unsuccessful but somehow the doors stay open.

    • InquisitiveApathy@lemm.ee
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      deleted by creator

      • jordanlund@lemmy.worldM
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        1 year ago

        Then why would they be buying 166 grocery stores from Albertson’s and Kroger?

        • KnightontheSun@lemmy.world
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          1 year ago

          I’d bet they’re just parking the stores temporarily only to buy them back later after the deal happens. But then I’m a cynic.

        • InquisitiveApathy@lemm.ee
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          deleted by creator

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