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On September 9, 2013, United Supermarkets LLC was sold to Albertsons LLC. [6] On February 4, 2014, the FTC voted 4–0 to approve the deal. The acquisition deal cost Albertsons $385 million and required Albertsons to sell its single stores in the Amarillo and Wichita Falls, Texas, markets. [7]
Jul. 10—Kroger and Albertsons Cos. on Tuesday made public the list of locations the grocery chains plan to sell as part of their planned merger, though none in Santa Fe appear to be affected.
Pro's Ranch Market / Los Altos Ranch Market – Hispanic (Arizona, California, New Mexico, Texas) Publix Sabor – Hispanic, operated by Publix; El Pueblo – largest Latino supermarket in New Jersey; R Ranch Markets – Hispanic chain in southern California; El Rancho – growing independent Hispanic chain in the Dallas/Fort Worth, Texas area
Albertsons, based in Boise, Idaho, operates roughly 2,300 stores in 34 states, including brands like Safeway, Jewel Osco and Shaw's. Together the companies employ around 700,000 people.
Kroger and Albertsons terminated their $25-billion merger plan on Wednesday after a U.S. judge blocked the deal. Local unions group seeks ouster of Kroger CEO after $7.5 billion buyback plan Skip ...
Albertsons Companies, Inc. [1] [2] is an American grocery company founded and headquartered in Boise, Idaho. With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, [3] [8] [6] the company is the second-largest supermarket chain in North America after Kroger.
Albertsons bought 33 former Haggen stores for $14.3 million at a bankruptcy auction in November, many for the nominal price of $1 since they came with liabilities as part of their sale. [7] The failure of the spin-off of stores to Haggen has been seen as a particular concern for the proposed Albertsons–Kroger merger.
Kroger agreed in 2022 to pay $34.10 per share for Albertsons stock, a price that valued Albertsons at $24.6 billion. Albertsons already has since paid out $4 billion of that in a special $6.85 ...
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