Central Coast grocery stores changing owners if merger approved

July 9, 2024

By KAREN VELIE

While grocery store chains Kroger and Albertsons work to convince federal regulators to approve their mega-merger, on Tuesday the parties released a list of stores they plan to sell if the merger is approved including three on the Central Coast.

In 2022, the grocery store chains announced their plan to merge. Kroger and Albertsons constructed the merger in an attempt to compete with Walmart, Amazon and other competitors.

Albertsons — 730 Quintana Road, Morro Bay

Albertsons — 1500 N H Street, Lompoc

Vons — 163 S Turnpike Road, Santa Barbara

Read the entire list.

 


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I still say leasing an entire shopping center to a fitness center and a failing dollar store was a big mistake… we need grocery competition in Morro Bay…


The fried chicken at Albertsons in Morro Bay is just delicious.


“Kroger’s acquisition of Albertsons would lead to additional grocery price hikes for everyday goods, further exacerbating the financial strain consumers across the country face today,” said Henry Liu, director of the FTC’s Bureau of Competition. “Essential grocery store workers would also suffer under this deal, facing the threat of their wages dwindling, benefits diminishing, and their working conditions deteriorating.”


If someone deep inside the government bueracracy says something then it must be true?????