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Keyword: lowmarginbusiness

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  • Major grocery chain closes more stores, cuts jobs as post-merger fallout deepens

    04/02/2026 8:45:22 AM PDT · by Seaplaner · 29 replies
    Fox News ^ | 4/2/2026 | Fox News
    Albertsons is closing additional stores and cutting jobs nationwide as it works to stabilize operations following the collapse of its $24.6 billion merger with Kroger, intensifying pressure on the grocery chain.The Boise, Idaho-based company — which operates banners including Safeway, Vons and Pavilions — has announced a new round of closures in recent weeks as it pivots to cost-cutting and operational changes.