The proposed merger between Kroger and Albertsons grocery chains is starting to take shape, and Alaskan consumers are wondering what will happen next.
Published: Jul. 10, 2024 at 5:05 PM AKDTANCHORAGE, Alaska - The proposed merger worth billions of dollars between Kroger and Albertsons grocery chains is starting to take shape.that will be divested in the acquisition.
The proposed merger would give C&S Wholesale Grocers, a New Hampshire-based grocery company that owns the Piggly Wiggly franchise, ownership of the 18 Alaska stores listed in the divestiture plan.Anchorage resident Michelle Klouda said her major concern is if it could lead to a loss of jobs. The planned merger — reported to be worth $24.6 billion — has been previously opposed by Alaska’s delegation, with Sen. Lisa Murkowski and Rep. Mary Peltola voicing their concerns about grocery prices and store accessibility. Expressing her continued concerns in an email, Sen. Lisa Murkowski questioned the effects that the potential new owners of Carrs-Safeway stores would have. “C&S Wholesale Grocers are untested and untried in Alaska, and have no experience working with local labor unions,” Murkowski wrote. “My efforts to protect Alaskans from the negative consequences of this merger are far from over.” Longtime Alaska Economic and Development Corporation president Bill Popp said there are a lot of unknowns surrounding the merger, and doubts it would lead to immediate store closures. “I don’t know that they would be closing a store within six months of having purchased it,” Popp said. “They’re spending good money, they’re spending $3 billion on acquisitions of over 500 stores across the country ... these are not insignificant purchases by this company.The merger between the two grocery chains was announced in October 2022, withthat no stores would be closed and “all frontline associates will remain employed. The companies said a merger would help them better compete with big retailers like Walmart, Costco, and Amazon, which owns Whole Foods. They would have more power to negotiate prices and could save on distribution and administrative costs.
Carrs Safeway Alaska Grocery Alaska Grocery Stores Fred Meyer Kroger Alaska Fred Meyers
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
579 grocery stores could be sold off in a Kroger-Albertsons merger. Here’s the complete listKroger and Albertsons had not previously disclosed which stores would be sold to a competitor.
Read more »
Kroger, Albertsons announce stores that would be sold under mergerEleven San Diego County stores would be sold off in the proposed merger.
Read more »
Kroger announces 35 Chicago area Mariano's, Jewel-Osco stores to be sold for Albertsons mergerKroger announces 35 Chicago area Mariano's, Jewel-Osco stores to be sold
Read more »
Kroger discloses plan to sell 63 supermarkets in California as part of its merger with AlbertsonsSupermarket giant Kroger Co. announced plans to offload more than 60 supermarkets in California as part of its planned merger with Albertsons.
Read more »
Kroger and Albertsons release list of stores to be divested in proposed acquisitionA list of stores to be divested as a result of a proposed merger between Kroger and Albertson's was released by Kroger. The proposed acquisition is in litigation by the FTC and several state attorney generals for anticompetitive practices.
Read more »
Here are the Kroger and Albertsons stores in SoCal that could be sold if they mergeKroger and Albertsons on Tuesday released a list of 579 stores that would be sold off under a proposed mega-merger of the grocery giants, including 63 locations in California.
Read more »