By Jonson Kuhn
Source: The Aspen Times
Scott Moses, head of grocery, pharmacy and restaurants for Solomon Partners, presented an on-the-record update Tuesday to various media outlets regarding the state of the proposed Kroger/Albertsons merger and potential impacts in Colorado as well as the current state of Colorado’s grocery industry.
Kroger, owner of City Market and King Soopers, issued a press release in October 2022 announcing its plans to acquire Albertsons for $24.6 billion, raising a number of concerns from state and federal officials of a grocery monopoly forming from a merging of the two grocery giants.
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