Albertsons lists 18 Alaska Carrs Safeway stores planned for divestiture in proposed merger with Kroger
By Joey Klecka
Published: Jul. 9, 2024 at 4:42 PM AKDT
ANCHORAGE, Alaska (KTUU) - A list of planned stores that will be divested by the parent company of Carrs-Safeway includes 18 locations in Alaska.
In a release on its company website, Albertsons Companies, Inc. listed a total of 579 store locations around the country — most of them in the Western United States — that are planned to be divested by the company as part of its merger with the Kroger Company. Kroger is the parent company of Fred Meyer.
The merger would give C&S Wholesale Grocers, a New Hampshire-based grocery company, ownership of the stores listed in the divestiture plan. C&S Wholesale Grocers is one of the largest privately-held companies in the country and owns the Piggly Wiggly franchise, a popular grocer in the U.S. South and Midwest.
Eighteen store locations in Alaska were part of the list, with eight of them in Anchorage.
The merger between the two grocery chains was announced in October 2022, with Albertsons stating that no stores would be closed and “all frontline associates will remain employed.”
It would be one of the largest supermarket mergers in the country’s history.
MORE: Why does the US government think a Kroger-Albertsons merger would be bad for grocery shoppers?
The planned merger — reported to be worth $24.6 billion — has been previously opposed by Alaska’s delegation, with Sen. Lisa Murkowski and Rep. Mary Peltola voicing their concerns with what could happen if the merger is approved.
Requests for comment by Alaska’s News Source to Murkowski and Peltola had not yet been answered as of press time Tuesday afternoon.
“The more power and the more consolidated they are the more challenging it is [to negotiate fair wages],” Peltola said earlier this year. “And we see that with every sector but certainly the grocery sector is no different and so that is a real clear threat and I think one we should be speaking to and making sure ... that wages won’t go down, that sick leave, things like that, the benefits that are negotiated, aren’t diminished.”
Peltola said she penned a letter to the Federal Trade Commission in August 2023 urging FTC leaders to block the merger. Murkowski and Sen. Dan Sullivan said they wrote a letter to the FTC in September 2023 expressing their concerns.
The FTC sued to block the merger in February of this year, saying the deal would eliminate competition and lead to higher prices for millions of Americans.
The companies said a merger would help them better compete with big retailers like Walmart, Costco, and Amazon, which owns Whole Foods, because they would have more power to negotiate prices and could save on distribution and administrative costs.
The list included the following Carrs-Safeway store locations:
- 1340 Gambell Street, Anchorage
- 1650 W. Northern Lights Boulevard, Anchorage
- 5600 Debarr Road, Anchorage
- 4000 W. Dimond Boulevard, Anchorage
- 1501 Huffman Road, Anchorage
- 7731 E. Northern Lights Boulevard, Anchorage
- 1725 Abbott Road, Anchorage
- 2920 Seward Highway, Anchorage
- 11409 Business Park Boulevard, Eagle River
- 3627 Airport Way, Fairbanks
- 30 College Road, Fairbanks
- 147 Hightower Road, Girdwood
- 3033 Vintage Boulevard, Juneau
- 10576 Kenai Spur Highway, Kenai
- 44428 Sterling Highway, Soldotna
- 301 N. Santa Claus Lane, North Pole
- 664 E. Palmer-Wasilla Highway, Palmer
- 595 E. Parks Highway, Wasilla
https://www.alaskasnewssource.com/20...d-divestiture/
Bookmarks