By Russ Wiles
Source: AZ Central
Arizona’s supermarket shakeout might be inching closer to reality. Kroger Co., which has been seeking to purchase rival Albertsons Cos. for nearly two years, this week disclosed a list of Albertsons and Safeway stores that it plans to sell or divest to a third company, C&S Wholesale Grocers, if regulators allow the deal to go through.
Some 101 Albertsons and Safeways in Arizona were identified as being divestiture candidates, the second highest total of any state, behind only Washington. The divestiture is designed to allay regulators’ concerns that a combined Kroger-Albertsons would gain a headlock on the supermarket business in certain places, including Arizona. Albertsons operates stores under both the Albertsons and Safeway banners.
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