Kroger, Albertsons set to merge

The nation’s two largest grocery retailers reach deal in proposed merger By Kayla Ross, Back Page Editor Kroger has announced its colossal proposed merger with Albertsons at a purchase price of $25 billion. The deal would make Kroger the second largest company involved in food sales in the world, second to Walmart.  Kroger, founded and headquartered in Cincinnati, is currently the nation’s largest grocery retailer. Albertsons, founded and headquartered in Boise, Idaho, is currently the nation’s second largest grocery retailer. The two companies employ roughly 710,000 Americans.  Both companies have grocery stores, pharmacies and fuel centers. In Kroger’s official press … Continue reading Kroger, Albertsons set to merge