Tag: kroger albertsons

The Kroger Co. and Albertsons Companies Inc. announced today that they have entered a definitive agreement with C&S Wholesale Grocers.

An estimated 400 stores are expected to be divested in Kroger and Albertsons’ $24.6 billion deal, worth up to $2 billion.

Many in the greater food industry are waiting to see what happens with the proposed merger of Kroger Company and Albertsons Companies, Inc.

As I have said before, it is hard to imagine that the Federal Trade Commission (FTC) and the Department of Justice (DOJ) will approve the controversial proposed merger of supermarket giants Kroger and Albertsons.

As part of its bold Zero Hunger Zero Waste plan, The Kroger Co. announced today that, upon completion of the merger with Albertsons Cos., the combined company will donate 10 billion meals by 2030 to feed people struggling with hunger.

The International Brotherhood of Teamsters is formally opposing the merger of The Kroger Company and Albertsons Companies, Inc. currently under review at the Federal Trade Commission.

I’ve been a member of the Authors Guild since 1999. Recently over lunch I was reading an article by Umair Kazi in the spring 2023 Authors Guild Bulletin. It talks about a merger between major publishing companies—Penguin Random House and Simon & Schuster—that was disallowed by the Justice Department, leading to a legal case (US vs. Bertelsmann) that ruled against the merger in November 2022.

Insider has run an article suggesting that Amazon could buy the supermarkets of which a combined Kroger-Albertsons chain would have to divest itself if its proposed merger is approved.

I don’t read too many articles in the Harvard Law & Policy Review, but I read this one. It is entitled “Market Power and Inequality: The Antitrust Counterrevolution and Its Discontents,” by Lina Khan and Sandeep Vaheesan.

Writing in Retail Wire, George Anderson discusses the proposed Kroger-Albertsons merger. If it is approved by the Federal Trade Commission (FTC), the new megachain would be required to divest at least 250-300 stores to satisfy antitrust provisions.