Albertsons shares rose and were briefly halted Thursday morning after reports of the potential merger surfaced. FOX13
Ohio-based Kroger is the nation’s largest supermarket chain, with nearly 2,800 stores in 35 states. Fred Meyer, Ralphs, King Soopers, Harris Teeter and about 20 other store banners are owned by Kroger.
Albertsons, whose headquarters are in Boise, Idaho, has 2,200 supermarkets in 34 states and Washington, D.C. Safeway, Acme, Tom Thumb and more than a dozen other store banners are owned by Albertsons.Kroger has been breaking into new markets in recent years, including Florida, and has plans to expand in the Northeast, CNBC reports. DAILY NEWSLETTERthat I have read and agree
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Shares of Albertsons jump on report of potential merger with grocery giant Kroger
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