![]() Read more: Kroger Boosts eCommerce Efforts DoorDash Drives Sales With DoubleDash Kroger includes brands like Ralphs, Smith’s and Harris Teeter. Kroger is headquartered in Cincinnati, Ohio and 2,721 retail locations in 35 states. It includes brands like Safeway, Jewel Osco and Shaw’s. Headquartered in Boise, Idaho, Albertsons has over 2,220 stores in 34 states and 270,000 employees, making it the fourth-largest supermarket chain with a 5.7% market share, per Numerator data. ![]() 13) when talks of a possible merger were first revealed. The supermarket giants said they could better compete as a combined entity against rivals like Walmart, Amazon and other major companies that have moved into the grocery-selling space, PYMNTS reported on Thursday (Oct. See also: Kroger, Albertsons Reportedly in Talks to Join Forces Against Walmart This merger advances our commitment to build a more equitable and sustainable food system by expanding our footprint into new geographies to serve more of America with fresh and affordable food and accelerates our position as a more compelling alternative to larger and non-union competitors,” he added. brings a complementary footprint and operates in several parts of the country with very few or no Kroger stores. “We are bringing together two purpose-driven organizations to deliver superior value to customers, associates, communities and shareholders,” said Kroger CEO and Chairman Rodney McMullen, who will continue serving in the same capacity of the combined company. Kroger bid $34.10 per share, or $20 billion, for Albertsons and will also assume $4.7 billion of the supermarket’s debt, according to a press release on Friday (Oct. ![]() A $25 billion merger deal was struck between two of the biggest supermarket chains in the country, a move anticipated to force the closure of 400 locations to keep regulatory scrutiny at bay. ![]()
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