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The $25 billion deal combines the No. 1 and 2 supermarket chains.
October 14, 2022
By: TOM BRANNA
Editor
In a move that is sure to catch the attention of anti-trust regulators, Kroger and Albertsons announced they will merge in a $24.6 billion deal. Kroger is the No. 1 supermarket chain in the US. Albertsons is No. 2. The deal is viewed as an opportunity to gain critical mass against rivals such as Walmart and Amazon. If the deal is approved, the combined companies' sales would reach $209 billion, just behind Walmart's grocery sales, which totaled $218 billion in 2021. “Through a fa...
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