Krogers/Albertsons Merger
The Krogers/Albertsons merger could be important for our community Safeway. Kroger has committed to not closing any stores – including pharmacies – as a result of the merger. Any store closures would have major impacts on our local community, both for pharmacy and grocery availability, and to the number of good paying jobs.
- The proposed Kroger/Albertsons merger is currently under consideration by the Federal Trade Commission.
- Walmart and Amazon have radically transformed the grocery industry.
- Full-service grocers like Kroger (Fred Meyer) and Albertsons (Safeway & QFC) are facing growing competition and have been losing market share.
- The merger is critical to help them stay competitive and prevent downsizing.
- Under the merger, the combined operations would preserve Kroger’s position as the fourth largest grocer in the country - helping them keep neighborhood and rural supermarkets in operation.
- Kroger has committed they will not close any stores (including pharmacies), distribution centers or manufacturing facilities or lay off any frontline associates as a result of the merger.