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Kroger and Albertsons announce stores to be sold as part of merger

Kroger and Albertsons announce stores to be sold as part of merger

Kroger and Albertsons on Tuesday released a list of 579 stores to be sold as part of a planned mega-merger between the two grocery giants, including 63 locations in California.

The vast majority of California locations are in Southern California.

According to Bloomberg, Kroger’s CEO has sent a memo to employees at all affected stores informing them of plans to spin off the locations to C&S Wholesale Grocers if the merger goes through. All employees are expected to be able to keep their employment at C&S, officials said.