Tag: Kroger announced plans in mid-October to acquire Albertsons 4
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Kroger Buys Albertsons
Montana’s Albertsons stores will soon be Kroger’s. Kroger announced plans in mid-October to acquire Albertsons 4,500 stores in 48 states in a nearly $25 billion deal. The expectation that shoppers will move to buying more private label and generic brands is part of what made Albertson’s a desirable acquisition, according to Kroger CEO Rodney McMullen. …