Kroger and Albertsons Companies to Combine Establishing National Footprint to Serve America with Fresh, Affordable Food

"Merging with Albertsons will better position Kroger to compete with Walmart and even Amazon on a national scale."

Ken Fenyo

Coresight, President

"If this merger turns out to increase the productivity of the grocery business, and the food products business in the U.S., that's going to lead to a net increase in jobs across all sectors in the U.S."

Steven Peterson

University of Idaho, Associate Clinical Professor of Economics

"The outrage over the payout and the deal is overblown: Albertsons and Kroger are in an industry with razor-thin margins. Combining would help them scale up and compete with well-capitalized e-commerce rivals. In any case, the chains' combined grocery market share would fall short of that of Walmart, which has stores within 10 miles of 90% of the U.S. population and is unlikely to give up its everyday-low-prices positioning."

Wall Street Journal Heard on the Street

* permission to use quotes neither sought nor obtained

"The combination of Kroger and Albertsons Companies brings together two purpose-driven organizations to deliver superior value to customers, associates, communities and shareholders."

Rodney McMullen
Kroger Chairman and CEO

Continuing Track Record of Investing in Customers, Communities and Associates

Post close, Kroger will invest approximately...

$500M

to lower prices

$1.3B

into Albertsons Cos. stores to enhance customer experience

$1B

to continue raising associate wages and comprehensive benefits

Delivering Quality, Value and Choice

Serve America with Fresher Food, Faster:

Delivers broader portfolio of the freshest products through an expanded store network, optimized supply chain and enhanced capabilities

Best-in-Class Personalized Experience:

Establishes one of the most comprehensive first-party data repositories in the food and retail space to develop an even more compelling retail loyalty program; provides unmatched personalized experience and promotes healthier lifestyles

Expanded Our Brands Portfolio to Offer Customers Higher Quality and Better Value:

Brings together Kroger and Alberstons Cos.’ private label portfolios to offer customers a wider range of products at affordable prices with enhanced innovation capabilities and an increased manufacturing footprint to continue to drive improved quality

Seamless Customer Experience Requiring Zero Compromise:

Creates a single seamless ecosystem to offer a more personalized and convenient omnichannel experience to serve customers anything, anytime, anywhere with zero compromise on quality, selection and affordability

Read Our Customer FAQ

Complementary Footprints Establish National Reach

~85M

households

4,996

Stores

3,972

PHARMACIES

2,015

fuel centers

+710K

Associates

~34K

Private Label products

~$43B

Our Brands Porfolio

~$1.5B

Annual Alternative Profits opportunity

~$59B

Fresh Sales

Associates Enable our Success

Cultivating a best-in-class associate experience to support and empower full potential
Creating new and exciting career opportunities
Securing union jobs

kroger employee

Logos

Building a More Equitable Food System

Complementary ESG strategies to build a more equitable and sustainable food system
Focus on responsible corporate stewardship, increasing workforce diversity and fighting food insecurity

Disclaimer

Certain Information included in this website is forward-looking and involves risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These statements are based on the assumptions and beliefs of Kroger and Albertsons Companies management in light of the information currently available to them. Such statements are indicated by words or phrases such as “accelerate,” “create,” “committed,” “confident,” “continue,” “deliver,” “driving,” “expect,” “future,” “guidance,” “positioned,” “strategy,” “target,” “synergies,” “trends,” and “will.” Various uncertainties and other factors could cause actual results to differ materially from those contained in the forward-looking statements. These include the specific risk factors identified in “Risk Factors” in each of Kroger’s and Albertsons Companies’ annual report on Form 10-K for the last fiscal year and any subsequent filings, as well as the following: the expected timing and likelihood of completion of the proposed transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the proposed transaction; the impact of any potential divestitures and/or the separation of Albertsons Companies SpinCo; the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; the outcome of any legal proceedings that may be instituted against the parties and others following announcement of the merger agreement and proposed transaction; the inability to consummate the transaction due to the failure to satisfy other conditions to complete the transaction; risks that the proposed transaction disrupts current plans and operations of Kroger and Albertsons Companies; the ability to recognize the anticipated benefits of the transaction, including anticipated TSR, revenue and EBITDA expectations and synergies; the amount of the costs, fees, expenses and charges related to the transaction; and the ability of Kroger and Albertsons Companies to successfully integrate their businesses; the ability of Kroger to maintain an investment grade credit rating; risks related to the potential impact of general economic, political and market factors on the companies or the proposed transaction. The ability of Kroger and Albertsons Companies to achieve the goals for the proposed transaction may also be affected by their ability to manage the factors identified above. The forward-looking statements by Kroger and Albertsons Companies included in this website speak only as of the date the statements were made. Neither Kroger and Albertsons Companies assumes the obligation to update the information contained herein unless required by applicable law. Please refer to the reports and filings of Kroger and Albertsons Companies with the Securities and Exchange Commission for a further discussion of the risks and uncertainties that affect them and their businesses.