© 2022 Western New York Public Broadcasting Association

140 Lower Terrace
Buffalo, NY 14202

Mailing Address:
Horizons Plaza P.O. Box 1263
Buffalo, NY 14240-1263

Buffalo Toronto Public Media | Phone 716-845-7000
WBFO Newsroom | Phone: 716-845-7040
Your NPR Station
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Kroger agrees to buy rival grocery company Albertsons

A customer removes her purchases at a Kroger grocery store. (Rogelio V. Solis/AP)
A customer removes her purchases at a Kroger grocery store. (Rogelio V. Solis/AP)

Kroger has announced its plans to buy fellow grocery store giant Albertsons in a deal valued at $24.6 million. When the merger is approved, it would see the second and fourth largest grocers become one, with a combined workforce in excess of 700,000 across nearly 5,000 stores.

The proposal is expected to face difficulty in getting approval from regulators at the FTC. Bloomberg senior editor Mike Regan joins Here & Now‘s Deepa Fernandes for more.

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.