K A S H R U T . C O M_©

April 22 2024 from the Shelby Report:

"The Kroger Co. and Albertsons Companies have amended their agreement with C&S Wholesale Grocers for the sale of assets in connection with their proposed merger previously announced on Oct. 14.

"The updated divestiture package increases the total store count by 166 to include 579 stores that will be sold to C&S and continue operating as they do today.

"It maintains the sale to C&S of the QFC, Mariano’s and Carrs banner names. Under the amended agreement, Kroger will also sell the Haggen banner to C&S. Stores under these banners that are retained by Kroger will be re-bannered into one of the retained Kroger or Albertsons Cos. banners following the close of the transaction.

"Under the amended agreement, C&S will license the Albertsons banner in California and Wyoming and the Safeway banner in Arizona and Colorado. In these states, Kroger will re-banner the retained Albertsons and Safeway bannered stores following the closing of the merger. Kroger will maintain the Albertsons and Safeway banners in the remaining states.

"The stores (regardless of banner) will be sold by Kroger to C&S following the closing of the merger with Albertsons Cos."