C&S Wholesale Grocers

Articles on C&S Wholesale Grocers

  1. Channel: Grocery

Kroger to Sell Specialty Pharmacy Business Amid Merger Discussions

As it faces regulatory scrutiny over its potential merger with Albertsons, grocery chain Kroger has decided to sell off its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health. In a press release Monday, Kroger said the sale is expected to close in the second half of the year. “As part of our regular […]
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  1. Channel: Grocery

Kroger/Albertsons vs. FTC Court Case Scheduled For Late August

Mark your calendars.  Set your alarm.  August 26, 2024, has been set foe the beginning of the trial that will determine whether the Federal Trade Commission (FTC) will be able to block Kroger’s $24.6 acquisition of Albertsons. The trial will take place in the Us District Court in Portland, Oregon, and is expected to last […]
2 min read
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  1. Channel: Grocery

FTC sues to block Kroger-Albertsons merger

WASHINGTON — The Federal Trade Commission has filed a lawsuit to block Kroger’s proposed $25 billion merger with Albertsons Cos., contending that consumers will see higher prices and workers will see lower wages if the deal goes through. “This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over […]
2 min read
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  1. Channel: Grocery

Report:  FTC Ready To Block Kroger-Albertsons Deal

Bloomberg reports that “the US Federal Trade Commission and a group of states are poised to sue as soon as next week to block the tie-up between supermarket giants Kroger Co. and Albertsons Cos., according to people familiar with the plans. “The suit is expected before Feb. 28, when an agreement not to close the […]
2 min read
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  1. Channel: Grocery

The Friday Checkout: Is C&S Wholesale Grocers fit to run assets Kroger, Albertsons want to divest?

The lawsuit brought by Colorado’s attorney general claims that the wholesaler and retailer doesn’t have the experience to run hundreds of stores and several more private brands.
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  1. Channel: Grocery

Kroger pushes back timeline on merger closure

NEW YORK — Regulators with the Federal Trade Commission need more time to consider Kroger’s proposed acquisition of Albertsons Cos. and the related divestiture plan the retailers offered to allay antitrust concerns, according to court filings. Kroger revealed in court filings in a California lawsuit brought by consumers seeking to halt the merger that regulators […]
2 min read
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  1. Channel: Grocery

Kroger, Albertsons Delay Merger Timeline to August as They Negotiate with Regulators

The planned $24.6 billion merger of supermarket giants Kroger and Albertsons has faced pushback from federal regulators, state Attorneys General and labor unions practically from the moment it was first announced in October 2022. Now the companies, while noting that they “remain in active and ongoing dialogue with the Federal Trade Commission and individual state […]
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  1. Channel: Grocery

Kroger, Albertsons Delay Merger Timeline to August as They Negotiate with Regulators

The planned $24.6 billion merger of supermarket giants Kroger and Albertsons has faced pushback from federal regulators, state Attorneys General and labor unions practically from the moment it was first announced in October 2022. Now the companies, while noting that they “remain in active and ongoing dialogue with the Federal Trade Commission and individual state […]
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  1. Channel: Grocery

Washington State Expected To Sue To Block Kroger-AlbertsonsMerger

Bloomberg reports that Washington Attorney General Bob Ferguson “is expected to file a lawsuit seeking to block Kroger Co.’s proposed takeover of Albertsons Cos.” According to the story, “The lawsuit is expected to be filed in state court, said the person, who asked not to be named discussing an ongoing investigation. “The US Federal Trade […]
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  1. Technology & Innovation

Worth Reading:  Inside Rick Cohen’s Robotics Revolution

The Boston Globe has a profile of Rick Cohen, the executive chairman of C&S Wholesale Grocers, the nation’s largest wholesale grocery company, that focuses largely on his role as CEO of  warehouse robotics company Symbotic. Two excerpts: •  “The vision for Symbotic is to be the best automation company in the world,” Cohen said at […]
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  1. Channel: Grocery

Guest Column:  Why C&S Wholesale Grocers Is Nothing Like Haggen

by Scott Moses Content Guy’s Note: Scott Moses, Managing Director and Head of Grocery, Pharmacy & Restaurants at Solomon Partners, yesterday posted a column on his website addressing the concerns that allowing the Kroger acquisition of Albertsons would repeat the mistake made by the FTC when it allowed Albertsons to acquire Safeway in 2015, divesting stores to […]
3 min read
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  1. Channel: Grocery

Lawmakers Ask FTC To Block Kroger-Albertsons Deal

A group of Democratic Senators and Representatives has called on the Federal Trade Commission (FTC) to block the proposed $24.6 billion acquisition of Albertsons by Kroger, saying in a letter that the “merger will harm consumers, workers, farmers, and other food suppliers across the country.” The letter to FTC Chair Lina Khan says that the […]
2 min read
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  1. Channel: Grocery

Kroger, Albertsons sound off on negative comments over pending merger

    [[“value”:” A recent listening session about the pending Kroger, Albertsons merger was filled with misleading information, according to an Albertsons spokesperson. Federal Trade Commission Chair Lina Khan and Colorado Attorney General Phil Weiser hosted the hour-long meeting in Denver, where several store workers and community members spoke out against the merger, but no […]
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  1. Channel: Grocery

Kroger, Albertsons merger should be safe with divestiture: report

    [[“value”:” History says the $24.6 billion Kroger, Albertsons merger should survive any lawsuit, ultimately getting the stamp of approval from the Federal Trade Commission (FTC), according to a new report. A white paper recently released by the International Center for Law & Economics, titled “Food-Retail Competition, Antitrust Law, and the Kroger/Albertsons merger,” says […]
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  1. Channel: Grocery

Piggly Wiggly could see big growth again in Texas

    [[“value”:” Piggly Wiggly is showing signs of a comeback in the state of Texas — and the growth is being attributed to both the recent C&S acquisition deal, as well as the efforts of one independent grocer, reports the Dallas Morning News. Local Texan Fernando Soto owns three Save A Lot stores. He […]
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  1. Channel: Grocery

SN Top 10: Walmart, Walgreens, Kroger top the week's headlines

    [[“value”:” In this week’s recap of the Top 10 most popular Supermarket News articles, the top story was Former FTC policy director: Kroger, Albertsons merger is facing ‘a hurricane storm’. The Federal Trade Commission (FTC) could be leaning towards challenging the Kroger, Albertsons merger in court, and representatives on both sides are scheduled […]
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  1. Channel: Grocery

SN Top 10: Hy-Vee, Stop &amp; Shop, Kroger top the week's headlines

    [[“value”:”UFCW cites ‘echoes of Haggen’ in proposed C&S deal. The United Food and Commercial Workers union on Wednesday expressed deep concerns about the proposed acquisition of 413 Kroger- and Albertsons-owned stores by C&S Wholesale Grocers.”It”]] 
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  1. Channel: Grocery

Kroger breaks ground on first Marketplace store

    [[“value”:” Kroger has started construction on its first Marketplace store in Plano, Texas, which will replace a smaller Kroger store nearby, reports local news outlet The Dallas Morning News. Kroger’s first Marketplace store is the largest format at 124,000 square — 55,000 square feet bigger than the existing store. The store location is […]
2 min read
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  1. Channel: Grocery

In Washington State, Intensive Scrutiny Of Kroger-Albertsons Deal

The Seattle Times has a piece about the proposed $24.6 billion acquisition of Albertsons by Kroger, and the companies’ saying that they will sell 413 stores, including 104 in Washington State, to C&S Wholesale Grocers in order to get Federal Trade Commission (FTC) approvals. While Kroger has pledged that it will not close any stores […]
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  1. Channel: Grocery

Analysis:  Kroger-Albertsons Deal Still In Regulatory Trouble

The financial analysis service Seeking Alpha is out with an assessment of the prospects that the Federal Trade Commission (FTC) will approve Kroger’s proposed $24.6 billion acquisition of Albertsons. In short, Seeking Alpha is dubious, at least in part because of ongoing comparisons of the proposed divestiture of more than 400 stores to C&S Wholesale […]
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  1. Channel: Grocery

UFCW cites ‘echoes of Haggen’ in proposed C&S deal

The United Food and Commercial Workers union on Wednesday expressed deep concerns about the proposed acquisition of 413 Kroger- and Albertsons-owned stores by C&S Wholesale Grocers. “It looks like Haggen 2.0,” said Kim Cordova, president of UFCW Local 7 in Colorado and Wyoming, referring to Haggen’s 2015 implosion after acquiring 146 Safeway and Albertsons stores […]
4 min read
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  1. Channel: Grocery

Even with divestiture deal, Kroger-Albertsons merger faces challenging odds, analysts say

The grocers’ plan to sell hundreds of stores to C&S Wholesale Grocers increases the chance of the deal getting done, according to two Wall Street firms — though they still put the odds at only around 50%.
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  1. Channel: Grocery

Albertsons launches rapid grocery pick-up and delivery service in US

[[“value”:” Albertsons’ Flash grocery service enables pick-up and delivery orders in as little as 30 minutes. Credit: © Business Wire/Albertsons Companies. Food and drug retailer Albertsons has launched the Flash grocery service, which enables customers to receive their DriveUp & Go and delivery orders in as little as 30 minutes. Through Albertsons’ websites and mobile […]
2 min read
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  1. Channel: Grocery

Kroger, Albertsons make deal with C&amp;S Wholesale Grocers — officially selling off 413 stores

    [[“value”:” In a deal which could end up being the foundation for their $24.6 billion merger deal, Kroger and Albertsons Cos. have sold 413 stores to C&S Wholesale Grocers. The sale also includes eight distribution centers and five private label brands. Related: Will the Kroger, Albertsons merger create pharmacy deserts? The two […]
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  1. Channel: Grocery

SN Top 10: Kroger, Aldi, Sprouts top the week's headlines

    [[“value”:” In this week’s recap of the Top 10 most popular Supermarket News articles, Kroger, Albertsons may sell off stores to C&S Wholesale Grocers in anticipation of merger deal. Kroger and Albertsons could be close to selling an undisclosed number to C&S Wholesale Grocers, as a means towards cinching regulatory approval for the […]
2 min read
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  1. Channel: Grocery

Kroger To Divest Over 400 Stores in Bid to Close $25 Billion Albertsons Deal

Kroger has announced plans to divest over 400 grocery stores to C&S Wholesale Grocers, a move aimed at gaining regulatory approval for its nearly $25 billion takeover of Albertsons. The deal will bring Kroger approximately $1.9 billion in cash, with the possibility of C&S purchasing an additional 237 stores in specific regions to meet regulatory…
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