Both companies plan to sell more than 400 stores, including the Mariano’s brand name.
Kroger and Albertsons will sell more than 400 stores and other assets for about $1.9 billion, seeking to clear a path for a merger with antitrust regulators reviewing a deal that would unify two of the nation’s largest grocery chains.
The 413 stores, along with QFC, Mariano’s and Carrs brand names, are being sold to C&S Wholesale Grocers. Kroger will also divest the Debi Lilly Design, Primo Taglio, Open Nature, ReadyMeals and Waterfront Bistro private label brands. In addition, C&S will get eight distribution centers and two offices.
All fuel centers and pharmacies associated with the divested stores will remain with the stores and continue to operate.
Kroger and Albertsons agreed to merge in October.
