Kroger recently agreed to sell 413 stores to C&S Wholesale Grocers, raising $1.9 billion in cash. The deal comes as the company hopes to win antitrust approval from the Federal Trade Commission.
CINCINNATI The Kroger Co. and Albertsons Cos. Inc. on Sept. 8 announced a definitive agreement on divestitures related to Kroger’s proposed acquisition of Albertsons previously announced on Oct. 14, 2022. C&S Wholesale Grocers, LLC under the agreement will acquire 413 stores, 8 distribution centers, 2 offices and 5 private label brands across 17 states and the District of Columbia. The transaction includes the sale of the QFC, Mariano’s and Carrs brand names and the exclusive licensing rights