Popular on eTradeWire
- The Tomball Art League Fall 2023 LIVE Show & Sale, October 19-21
- Zion AI: The First African American led AI project
- SecureMaine inaugural conference is October 5 at The Point in South Portland, Maine
- Your Gardening Writing Skills Are Needed!
- The OCCDL Law Recognizes Snell & Wilmer as a 2023 Top Legal Organization for DEI
- Real Estate Mogul Richard Crenian Provides Insight on Current Market Trends & the Viability of Real
- The Schmidt Boca Raton History Museum to Host Four Fascinating & Fun Events in September
- Battery Pollution Technologies Closes Capital Raising & Announces Progress Of Various Initiatives
- Private Offices, Virtual Offices & Meeting Room in Calgary Alberta
- Yours Humanly Break a Sweat for Education 5K Run, Heather Farm Park
Similar on eTradeWire
This significant development comes as both Kroger and Albertsons take proactive measures to address antitrust concerns and pave the way for their merger, which was first announced in early 2022.
- Divestiture of Over 400 Stores: Kroger and Albertsons will be selling a combined total of more than 400 stores in various locations to alleviate antitrust concerns and secure regulatory approval for their merger. The divestiture will impact several supermarket brands operated by both companies.
- Impact on Mariano's: The Mariano's brand, known for its commitment to quality and exceptional customer experience, will be one of the affected chains as a result of this divestiture. While specific details about which Mariano's locations will be sold have not been disclosed, both Kroger and Albertsons remain dedicated to preserving the Mariano's legacy in the communities it serves.
- Continued Commitment to Customers: Kroger and Albertsons emphasize their ongoing commitment to providing high-quality products, excellent customer service, and competitive pricing. Customers can expect a seamless transition as the divested stores are transferred to new ownership.
- Regulatory Approval: The divestiture is part of Kroger and Albertsons' comprehensive strategy to gain regulatory approval for their merger, a move that will create one of the largest supermarket chains in the country. The companies will continue to work closely with regulatory agencies to ensure a smooth and timely approval process.
- Future Expansion and Innovation: Despite the divestiture of certain stores, Kroger and Albertsons are committed to growth and innovation within the grocery industry. They plan to invest in enhancing the customer experience, expanding their digital offerings, and exploring new ways to serve their communities.
Both Kroger and Albertsons express their gratitude to their loyal customers and dedicated associates who have contributed to the success of their respective brands over the years. The companies remain dedicated to providing value, convenience, and exceptional products to their customers, both now and in the future.
More on eTradeWire News
- Warm Welcome to Gerald "Gerry" Willis
- Tyler Wittkofsky Presents Second Edition of "(Not) Alone" with a Book Signing Event at Brunswick
- From Public Sector to Private Practice
- Live and Let Live Foundation Presents 'Comedy and Music for Freedom and Peace' Fundraiser in Mesa, AZ
- Knobull Makes Sure That Job Seekers Stand Out In The Crowded Market
For more information and updates on the divestiture and the merger between Kroger and Albertsons, please visit the official websites of both companies or contact their respective media relations departments.
- Patrick O'Neil Media Network Inc. announces Breaking News Services and Links to Bargains on its site
- SalusCare partners with FISH of Sanibel-Captiva to provide mental health services
- Surgical Healing Arts founder Dr. Moses Shieh receives cosmetic surgery certification
- Dialogue with Three Chords continues their serialized play A Brooklyn Arcanum at Industry City
- Curtis of Moore Square Raleigh, NC
- Twinkl Community Collection Initiative
- Engel & Völkers Tampa Downtown Welcomes Royce Williams
- Woody Auction's October 14th auction, live and online, will feature art glass, Wave Crest, much more
- Sheila Stubbs Taylor of Detroit music royalty is "Chasing" on new single
- Sidow Sobrino Announces 12th Album, "Seminal"
- CEO Of SortRefer Named Business Leader Of The Year And Most Influential CEO In Derbyshire
- Earley Will Fight for Election Integrity
- Exceptional Lab to Host Epic Virtual Accessibility Event
- Bank of America awards $25,000 to Our Mother's Home for renovations of future OMH home
- FREE Sports and Wellness Camp for Youth - Be An Inspiration Netball in Dekalb County!
- Exeter Orthodontics in Harrisburg Offers Traditional Braces at an Unbeatable All-Inclusive Price
- Bruce Coughlan's "Waiting for Rain" hits listeners right in the nostalgia
- Brookfield Zoo Celebrates Record $40 Million Donation, Its Largest Ever
- Introducing 'Hair Loss to Happiness': Hair Direct Now Launches Resources for Hair Loss Sufferers
- Heartland Soccer Association and VidSport Launch Groundbreaking Live Streaming Service at Garmin Olathe Soccer Complex