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Albertsons to Close More Safeway Stores After FTC Blocks Kroger Merger

Albertsons logoAlbertsons
Sig3.70Sen-2.30Env0.00Soc-1.20Gov-2.31
Kroger logoKroger
Sig4.12Sen-3.82Env0.00Soc0.00Gov-2.65

Albertsons is closing additional Safeway stores as it reassesses its retail footprint after a Dec. 10, 2024 federal court preliminary injunction blocked the proposed $24.6 billion Kroger merger. In fiscal 2025 it closed 35 stores net of openings, cutting sales by $63.4 million, with closure and surplus-property costs rising to $45.1 million. Capital spending totaled about $1.83 billion, and the company is working to place affected employees in other jobs.

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