Kroger-Albertsons Merger to Result in Sale of Nearly a Dozen San Diego County Stores

Money | July 10, 2024, 2:24 a.m.

In a proposed mega-merger between Kroger and Albertsons, a total of 579 stores are set to be sold off, with 63 of them located in California, primarily in Southern California. Employees at these stores have been notified of plans to spin off the locations to C&S Wholesale Grocers if the merger is successful, with assurances that employment will be maintained. The Federal Trade Commission has challenged the merger, citing concerns about higher grocery prices and potential negative impacts on workers. Despite denials from Kroger, claiming benefits such as lower prices and more choices for customers, the United Food and Commercial Workers union continues to oppose the merger, highlighting concerns for workers, shoppers, suppliers, and communities. Legal challenges are underway, with hearings scheduled to begin in July and continue through September. The proposed list of divestitures includes prominent stores in San Diego, signaling a significant impact on the grocery industry in the region.