dataplor Analysis Highlights Potential Market Impact of Kroger-Albertsons Merger as Court Decisions Loom [Yahoo! Finance]
Kroger Company (The) (KR)
Last kroger company (the) earnings: 3/5 08:30 am
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Source: Yahoo! Finance
potential market implications as court rulings approach on the proposed $24.6 billion merger between grocery chains Kroger and Albertsons. Using in-depth Point-of-Interest (POI) data, dataplor highlights how the merger could reshape the U.S. grocery landscape in terms of competition and available options for consumers. dataplor's analysis shows that 37% of grocery stores within a 5-mile radius of an Albertsons-branded location are Kroger-branded today, with this figure rising to 40% within a 10-mile radius. This substantial overlap, especially in states such as Arizona, California, Colorado, Oregon, and Washington, underscores the potential for market consolidation if the merger moves forward. Proposed divestitures of 579 stores are intended to preserve market competition—though these plans have been met with scrutiny by state attorneys general and consumer advocates. Further findings indicate that 30% of Albertsons-branded locations have a Kroger-branded store as their only major
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News
- Kroger CMO Stuart Aitken to step down [Yahoo! Finance]Yahoo! Finance
- Kroger Announces Chief Merchandising and Marketing Officer Succession [Yahoo! Finance]Yahoo! Finance
- Kroger Announces Chief Merchandising and Marketing Officer SuccessionPR Newswire
- 5 ways I trimmed $40 from my Thanksgiving grocery bill in 2024 [Yahoo! Finance]Yahoo! Finance
- All the Supermarket Chains Giving Away Free Turkeys for Thanksgiving [CNET News]CNET News
KR
Earnings
- 9/12/24 - Beat
KR
Sec Filings
- 11/22/24 - Form 8-K
- 11/19/24 - Form 8-K
- 11/13/24 - Form 8-K
- KR's page on the SEC website