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 | | | | Grocers also support Instacart IPO and rely less on third-party apps. READ MORE |
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| | Kroger and Albertsons officially unveiled a $1.9 billion deal to sell 413 stores, eight distribution centers, two offices and five private brands to C&S Wholesale Grocers — a move aimed to help Kroger and Albertsons gain regulatory approval for their planned $24.6 billion merger.
We asked:
Is the Kroger and Albertsons’ sale of stores to C&S good for the industry?
You answered:
- Yes, this needed to happen 48%
- No, this is a bad direction 44%
- Other, tell us in the comments 7%
You said:
Kevin Donovan, Independent Agent
A once great leader in grocers [A&P] is now defunct. No one saw that coming initially. Pathmark failed due to a hostile takeover in the late 80s. They mistakenly had well over 50% of their shares still in the market. At worst if should have repurchased or kept as treasury stock. The interest rate and the total note was their ultimate demise.
Emeral Gordon, Center Store Specialist, Winn-Dixie
Only time will tell if these two big gaints can stand on there own. We will see what happens and we hope they make sure thay take care of the little people that helped them build their company from the bottom up. God bless this manager and the people, and bless them with power to do the right thing.
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Have another thought? Weigh in on our LinkedIn poll here, or email the SN staff at contactus@supermarketnews.com, and make sure to include your first and last name and job title.
WHAT DO YOU THINK? |
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