Wintrust Business Minute: Kroger and Albertsons talk with third-party company for merger approval

Wintrust Business Lunch

English - September 07, 2023 22:30 - ★★★★★ - 8 ratings
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Grocery store chains Kroger and Albertsons are in talks with a third-party company to buy some stores, in a move aimed at winning regulatory approval for their merger. Bloomberg reports some stores could be sold to C&S Wholesale Grocers. The companies […]

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

Grocery store chains Kroger and Albertsons are in talks with a third-party company to buy some stores, in a move aimed at winning regulatory approval for their merger. Bloomberg reports some stores could be sold to C&S Wholesale Grocers. The companies had previously said between 100 and 400 stores could be sold or spun off to help the merger go through. It’s unclear how many stores C&S might buy. There’s been no comment from the three companies. Kroger owns Mariano’s in the Chicago area and Albertsons owns Jewel-Osco.

Also, the City of Chicago wants to become a primary food hub for the country. Listen for more below:

https://serve.castfire.com/audio/4156787/4156787_2023-09-07-220727.64kmono.mp3

Wintrust Business Lunch