Albertsons Could Sell Dozens of SoCal Stores in Kroger Merger

Albertsons is considering selling dozens of its Southern California stores as part of its merger with Kroger. This potential divestiture comes as the two supermarket giants work to gain regulatory approval for their merger, which aims to create a more competitive entity in the face of increasing industry consolidation.

The proposed merger, which was announced last year, has raised concerns among regulators and consumers about reduced competition and higher prices. To alleviate these concerns and secure approval from the Federal Trade Commission (FTC), Albertsons and Kroger are exploring the sale. . .