By Peyton Bigora and Sam Silverstein
Source: Grocery Dive
Kroger and Albertsons’ store divestiture proposal involves hundreds of supermarkets scattered across more than a dozen of the companies’ banners in close to 20 states, but it is heavily concentrated on only a single chain.
Nearly half of the 579 stores the retailers intend to sell to C&S Wholesale Grocers to tamp down antitrust concerns surrounding their planned merger fall under Albertsons’ Safeway brand, the list of stores slated for divestment shows.
Of the nearly 300 Safeway locations included in the divestiture package — almost a third of Albertsons’ entire Safeway fleet — more than half are in just two states, Colorado and Arizona, according to the list. Colorado is home to 89 of those Safeway stores, while 76 are in Arizona.
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