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How many stores will be divested in California by the end of 2024?
2
Kroger•Albertsons•California•Illinois•Texas•Washington•Arizona•Nevada•Mariano•Federal Trade Commission
Resolution / Starting Odds
Less than 50 • 25%
50 to 75 • 25%
76 to 100 • 25%
More than 100 • 25%
Official announcements from Kroger, Albertsons, or C&S Wholesale Grocers
Story
Kroger and Albertsons to Divest Nearly 600 Stores to C&S for Merger Approval Amid FTC Scrutiny
Jul 10, 2024, 05:00 AM
Kroger and Albertsons have released a comprehensive list of stores, distribution centers, and plants they plan to divest to secure regulatory approval for their proposed merger. The divestiture includes nearly 600 stores across the U.S., with significant numbers in states such as California, Illinois, Texas, Washington, Arizona, and Nevada. Notably, the list includes 35 Mariano’s and Jewel-Osco stores in Illinois, 63 stores in California, 28 stores in Texas, 124 stores in Washington, and 101 stores in Arizona. The stores will be sold to C&S Wholesale Grocers. The divestiture also includes fuel centers and pharmacies associated with the divested stores, which will continue to be operated by C&S. The merger is currently under scrutiny by the Federal Trade Commission and several state attorneys general for potential anticompetitive practices.
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Similar markets
Divestiture approved without conditions • 25%
Divestiture approved with conditions • 25%
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Divestiture withdrawn • 25%
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Less than 200 • 25%
200 to 400 • 25%
401 to 600 • 25%
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400 to 499 • 25%
500 to 599 • 25%
600 or more • 25%
Less than 5% • 25%
5% - 10% • 25%
10% - 15% • 25%
More than 15% • 25%
Approved without conditions • 25%
Approved with conditions • 25%
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Withdrawn by companies • 25%
Merger permanently blocked • 25%
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Merger proceeds without conditions • 25%
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Less than 400 • 25%
400 to 500 • 25%
501 to 600 • 25%
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Less than 5,000 • 25%
5,000 to 7,000 • 25%
7,001 to 9,000 • 25%
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1,000 to 5,000 • 25%
5,000 to 10,000 • 25%
More than 10,000 • 25%