Kroger-Albertsons Divestitures Challenges for Merger Poses
K roger’s proposed acquisition of Albertsons for $24.6 billion would be the biggest merger in the history of the U.S. supermarket industry, if regulators approve the deal. The combined companies would operate nearly 5,000 supermarkets across the United States, with stores in nearly every state, operating under dozens of different banners. In the fiscal year that ended Jan. 29, 2022, Kroger, which is the largest operator of traditional supermarkets in the U.S., reported sales of $137.9 billion, and an oper- ating profit of nearly $3.5 billion. Albertsons, the num- ber-two supermarket operator, reported revenues of $71.9
It remains to be seen whether the biggest merger in U.S. supermarket history will be given regulatory approval.
by MARK HAMSTRA
12 Vision Magazine
December 2022
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