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Market
Top Performer in Managing Divested Stores by 2025
2
Resolution / Starting Odds
C&S Wholesale Grocers • 33%
Kroger • 33%
Albertsons • 34%
Market share data or financial reports from the companies
Story
Kroger, Albertsons to Sell 579 Stores, Amend Plan for $25B Merger
Apr 22, 2024, 01:55 PM
Kroger and Albertsons have amended their asset sale agreement with C&S Wholesale Grocers, now planning to sell a total of 579 stores in overlapping markets, including 20 more Illinois grocery stores, to facilitate their proposed $25 billion merger. The revision, aimed at appeasing antitrust regulators, includes an additional 166 stores to the original divestiture plan. This strategic move is intended to make the merger more appealing to regulatory authorities, ensuring compliance and facilitating the approval process.
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Similar markets
All planned stores divested • 25%
More than planned stores divested • 25%
Less than planned stores divested • 25%
Divestiture plan revised • 25%
Illinois • 20%
California • 20%
Texas • 20%
Nevada • 20%
Other • 20%
None • 25%
1-50 • 25%
51-100 • 25%
More than 100 • 25%
Increase significantly • 25%
Increase moderately • 25%
No significant change • 25%
Decrease • 25%
Less than 10% • 25%
10% to 15% • 25%
16% to 20% • 25%
More than 20% • 25%
Amazon Grocery Delivery • 25%
Walmart Delivery • 25%
Instacart • 25%
Other • 25%
Top 1 • 20%
Top 5 • 20%
Top 10 • 20%
Top 20 • 20%
Outside Top 20 • 20%
Increase significantly • 33%
No significant change • 33%
Decrease • 34%
Better than Walmart • 25%
Better than Target • 25%
Better than Dollar General • 25%
Underperforms all • 25%