On Oct. 14, a $24.6 billion deal between Kroger Co. and Albertsons was proposed that would make a 5,000 grocery store giant. Today we look at the national landscape of the grocery business.
The deal would create a beefed-up competitor to Walmart Inc. and other rivals, so it’s sure to face tough antitrust scrutiny as U.S. regulators under President Joe Biden cast a more skeptical eye on big mergers.
The massive merger is among the retail industry’s biggest transactions in years, such as Amazon.com Inc.’s purchase of Whole Foods Market in 2017 for $13.7 billion.
The merger would give Kroger entry into the Northeast, filling out its national footprint. The
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