{"id":2303881,"date":"2024-07-21T13:23:01","date_gmt":"2024-07-21T17:23:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/grocery-giants-kroger-and-albertsons-to-sell-off-579-stores-to-appease-government-amid-merger-effort\/"},"modified":"2024-07-21T13:29:51","modified_gmt":"2024-07-21T17:29:51","slug":"kroger-and-albertsons-to-sell-579-stores-to-satisfy-government-during-merger","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/kroger-and-albertsons-to-sell-579-stores-to-satisfy-government-during-merger\/","title":{"rendered":"Kroger and Albertsons to sell 579 stores to satisfy government during merger"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fkroger-and-albertsons-to-sell-579-stores-to-satisfy-government-during-merger%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2303881&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The article \u2062discusses\u200c a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-justice-department-nominee-faces-ethics-minefield-from-fathers-corporate-interests\/\" title=\"Biden Justice Department Nominee Faces Ethics Minefield From Father\u2019s Corporate Interests\">proposed merger<\/a>\u200d between Kroger\u200c and \u2063Albertsons that would\u2064 involve the sale of 579 grocery \u200cstores across America to C&#038;S Wholesale Grocers. The \u2063Federal Trade Commission has opposed the deal, leading the chains to announce the targeted stores for acquisition. \u200cThe article \u200chighlights the impact of the merger\u200b on various states \u2064and distribution \u2063centers. Kroger CEO Rodney McMullen has assured\u200b that no stores will close as a result of the merger. The \u2062merger has faced regulatory scrutiny \u200band legal \u2063challenges from the FTC. Various unions \u2062have expressed concerns about the \u200dimpact of the merger \u200don jobs, \u2064wages, and benefits for workers. The article also mentions the potential consequences of the merger on \u2063competition in the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/justice-stephen-breyer-stepping-down\/\" title=\"Justice Stephen Breyer Stepping Down\">grocery market<\/a>.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section>\n<p>Almost 600 grocery stores across America would <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/after-the-kentucky-derby-winner-was-caught-cheating-what-happens-to-all-the-gambling-winnings\/\" title=\"After The Kentucky Derby Winner Was Caught Cheating, What Happens To All The Gambling Winnings?\">change hands<\/a> under a proposal from&nbsp; Kroger and Albertsons.<\/p>\n<p>The grocery giants want to <a href=\"https:\/\/www.westernjournal.com\/aldi-winn-dixie-harveys-reach-merger-agreement-will-impact-400-stores-south\/\" target=\"_blank\" rel=\"noopener\">merge<\/a>, but the Federal Trade Commission has opposed the deal.<\/p>\n<p>That led the chains to announce a list of 579 stores that would be targeted so Kroger could acquire Albertsons, according to <a href=\"https:\/\/www.foxbusiness.com\/markets\/grocery-giants-kroger-albertsons-name-579-locations-aiming-sell\" target=\"_blank\" rel=\"noopener\">Fox Business<\/a>.<\/p>\n<p>The stores would be owned by C&amp;S Wholesale Grocers if the deal goes through as planned.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">This announcement shows just how much Alaskans have to lose if the Kroger-Albertsons merger goes through. We&rsquo;re looking to the courts to uphold the FTC&rsquo;s lawsuit and stop this merger. &#128721; <a href=\"https:\/\/twitter.com\/hashtag\/akpirg?src=hash&amp;ref_src=twsrc%5Etfw\">#akpirg<\/a> <a href=\"https:\/\/t.co\/wPwiEDrzvq\">https:\/\/t.co\/wPwiEDrzvq<\/a><\/p>\n<p>&mdash; AKPIRG (@AKPIRG) <a href=\"https:\/\/twitter.com\/AKPIRG\/status\/1811164119606907331?\">July 10, 2024<\/a><\/p>\n<\/blockquote>\n<p>  <script> \t\t\t\tif( ! getCookie( 'ff_subbed' ) ) if( typeof FFADS.replace_ict !='undefined' ) if( FFADS.replace_ict ) eval( FFADS.replace_ict ); \t\t\t<\/script> <\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The companies initially proposed offloading 413 stores C&amp;S, but have since increased that to 579.<\/p>\n<p>The list <a href=\"https:\/\/assets.website-files.com\/63128e32f4c52f8fbaea44ef\/668dd5bce416f9487d09d523_Planned%20Divestiture%20Locations.pdf\" target=\"_blank\" rel=\"noopener\">posted online<\/a> says that there would be 18 stores changing hands in Alaska; 101 in Arizona; 63 in California; 91 in Colorado; one in Delaware; 10 in Idaho; 35 in Illinois; two in Louisiana; four in Maryland; two in Montana; 16 in Nevada; nine in New Mexico; 62 in Oregon; 28 in Texas; four in Utah; three in Virginia; 124 in Washington; one in Washington, D.C.; and five in Wyoming.<\/p>\n<p>Distribution centers in Arizona, Colorado, Utah and Washington state would also be spun off, as would a Colorado dairy plant.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Here&rsquo;s a map and searchable table on the 579 grocery stores, which are mostly Safeways and Albertsons in the western U.S., that would be sold to C&amp;S if the Kroger, Albertsons merger goes through.<\/p>\n<p>Read: <a href=\"https:\/\/t.co\/zPBE0EUuAU\">https:\/\/t.co\/zPBE0EUuAU<\/a> <a href=\"https:\/\/t.co\/MhZ2yq5gdE\">pic.twitter.com\/MhZ2yq5gdE<\/a><\/p>\n<p>&mdash; Dieter Holger &#128406; (@dieterholger) <a href=\"https:\/\/twitter.com\/dieterholger\/status\/1810820750892523836?\">July 9, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/www.westernjournal.com\/watch-tom-cotton-hits-woke-ceo-9-brutal-words-kroger-albertsons-come-crying-gop\/\" target=\"_blank\" rel=\"noopener\">Kroger<\/a> CEO Rodney McMullen has promised that it &ldquo;continues to ensure no stores will close as a result of the merger and that all frontline associates will remain employed, all existing collective bargaining agreements will continue, and associates will continue to receive industry-leading health care and pension benefits alongside bargained-for wages.&rdquo;<\/p>\n<p>The merger between Kroger and Albertsons has been facing regulatory scrutiny for quite some time. In February, the chains were hit with a legal challenge from the Federal Trade Commission (FTC) that remains ongoing.<\/p>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-job-cuts-hit-highest-level-in-20-months-as-downturn-fears-grow\/\" title=\"U.S. Job Cuts Hit Highest Level in 20 Months as Downturn Fears Grow\">companies announced plans<\/a> to merge in October 2022, but the FTC is fighting the plan, according to <a href=\"https:\/\/www.usatoday.com\/story\/money\/2024\/07\/09\/kroger-albertsons-merger-stores-sold-cs-wholesale-list\/74346928007\/\" target=\"_blank\" rel=\"noopener\">USA Today<\/a>.<\/p>\n<p>The<a href=\"https:\/\/www.westernjournal.com\/kroger-co-giving-130-million-employees-thank-pay\/\" target=\"_blank\" rel=\"noopener\"> two companies<\/a> make up about 20 percent of the U.S. grocery market, Department of Agriculture figures show, One out of six grocery workers would be impacted if the deal goes through, according to the Bureau of Labor Statistics,<\/p>\n<p>&ldquo;We remain focused on stopping the proposed mega-merger for the same reasons we have stated since it was first announced over 20 months ago &mdash; because we know it would harm workers, it would harm shoppers, it would harm suppliers and communities, and it is illegal,&rdquo; the United Food &amp; Commercial Workers, which represents grocery workers, said in a statement Tuesday.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">If the Kroger-Albertsons merger goes through, that combined company + Walmart would control 70% of the grocery market in over 160 cities.<\/p>\n<p>Think grocery prices are bad now?<\/p>\n<p>Without competition, it would be a price gouging free-for-all.<\/p>\n<p>This is why the FTC is suing to stop it. <a href=\"https:\/\/t.co\/Ojkj9vTnUl\">pic.twitter.com\/Ojkj9vTnUl<\/a><\/p>\n<p>&mdash; Robert Reich (@RBReich) <a href=\"https:\/\/twitter.com\/RBReich\/status\/1789415184999825883?\">May 11, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In a statement on the <a href=\"https:\/\/teamster.org\/2024\/07\/teamsters-statement-regarding-proposed-kroger-albertsons-merger-and-asset-sale-to-cs-wholesale\/\" target=\"_blank\" rel=\"noopener\">union&rsquo;s website<\/a>, the Teamsters said the union will still &ldquo;vehemently oppose this merger. The proposed consolidation threatens jobs, wages, and benefits for thousands of workers across the country. It risks reducing competition and harming communities that rely on these stores for essential goods and services.&rdquo;<\/p>\n<p>&ldquo;The Teamsters will remain steadfast in our fight against this merger and will continue to advocate for the best interests of our members and their families. We commend the FTC and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dems-include-money-for-abortion-providers-in-1-9-trillion-covid-aid-package\/\" title=\"Dems Include Money for Abortion Providers in .9 Trillion COVID Aid Package\">state attorneys general<\/a> in Washington and Colorado for recognizing the detrimental impact it would have on workers at both companies and for taking decisive action in February, suing to block the Kroger-Albertsons merger,&rdquo; the union said.<\/p>\n<hr>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\">  <\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> <label>* Name<\/label> <br \/> <input type=\"text\" name=\"name\" required> <\/div>\n<div class=\"sc--field\"> <label>* <\/label> <br \/> <input type=\"text\" name=\"\" required> <\/div>\n<p> <label>* Message<\/label> <br \/> <textarea name=\"message\" required><\/textarea>  <\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> <input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\">  <\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> <script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! 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The Federal Trade Commission has opposed this deal, leading the chains to announce a list of 579 stores that would be targeted for acquisition by Kroger. If the deal goes through, these stores would be owned by C&amp;S Wholesale Grocers. This announcement highlights the potential impact on Alaskans if the merger proceeds, and there are concerns about the loss of competition in the grocery market. The companies initially planned to offload 413 stores to C&amp;S, but that number has since increased to 579. The merger has faced regulatory scrutiny, with the FTC challenging the plan. If the merger is approved, it would create a company that, along with Walmart, would control 70% of the grocery market in over 160 cities. Various unions, including the United Food &amp; Commercial Workers and the Teamsters, have expressed opposition to the merger, citing concerns about job losses, reduced competition, and harm to communities<\/p>\n","protected":false},"author":1,"featured_media":2303882,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/07\/Picture-42.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[17743,5045,15398,16353,35726],"class_list":["post-2303881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-albertsons","tag-government","tag-kroger","tag-merger","tag-store-sale"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/07\/Picture-42.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2303881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2303881"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2303881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2303882"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2303881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2303881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2303881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}