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  • Bernie Sanders blasts Kroger’s $24.6B Albertsons deal, calls it ‘absolute disaster’

    10/16/2022 10:49:09 AM PDT · by BenLurkin · 113 replies
    Fox19 ^ | 10/15/2022 | Victoria Moorwood
    The combined sales of the two grocery store chains are nearly $210 billion, putting Kroger about $10 billion shy of U.S. food sales at Walmart, the world’s largest grocer. Kroger and Albertsons are expected to divest 100 to 375 stores to pacify antitrust concerns, leaving Kroger to operate more than 4,500 stores nationwide, according to the Enquirer. Albertsons’ investors will own a separate company that includes the divested stores. Both stores currently employ a combined 710,000 associates and operate 4,996 stores, 66 distribution centers, 52 manufacturing plants, 3,972 pharmacies and 2,015 fuel centers in 48 states and Washington D.C.