The 413 stores, along with QFC, Mariano’s and Carrs brand names, are being sold to to C&S Wholesale Grocers.
The grocery chains say they must merge to compete with Walmart, Amazon and other major companies that have stepped into the grocery business. And there is significant consolidation throughout the grocery sector as companies fight with rising prices for everything from food to workers. 400 Winn-Dixie and Harveys supermarkets in the southern U.S.
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Kroger to sell 413 stores including 26 Albertsons Cos. locations in TexasThe sale is to Keene, N.H.-based C&S Wholesale Grocers which supplies more than 7,500 independent grocers and has distribution centers in Dallas and Houston.
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Kroger, Albertsons to sell more than 400 stores to C&S Wholesale in a $1.9 billion cash deal in connection with the proposed mergerKroger Co. and Albertsons Companies Inc. announced Friday an agreement to sell 413 stores and 8 distribution centers across 17 states to C&S Wholesale...
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Kroger, Albertsons plan to offload over 400 stores for close to $2 bln-sourcesKroger Co and Albertsons Cos Inc are nearing a deal they hope will secure U.S. regulatory clearance for their proposed $24.5 billion merger, by selling more than 400 grocery stores to C&S Wholesale Grocers for nearly $2 billion, according to people familiar with the matter.
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Kroger, Albertsons in talks to sell hundreds of stores, some in California, to supply giant C&SThe grocery chains said in October that they would spin off 100 to 375 stores if they couldn’t find buyers for them.
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Kroger and Albertsons looking to sell 400 stores to wholesale grocery company, report saysGrocery giants Kroger and Albertsons – the respective parent companies of King Soopers and Safeway – are reportedly in the midst of negotiating an almost $2 billion deal with C&S Wholesale Groc…
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Kroger, Albertsons in talks to sell hundreds of stores, some in California, to supply giant C&SThe grocery chains said in October that they would spin off 100 to 375 stores if they couldn’t find buyers for them.
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