Kroger and Albertsons sell hundreds of stores in a bid to clear merger of the 2 largest US groceries

Kroger and Albertsons sell hundreds of stores in a bid to clear merger of the 2 largest US groceries

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Grocers Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their merger. The agreement includes selling 413 stores, along with QFC, Mariano’s and Carrs brand names. In Arizona,…

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