(Reuters) – Grocery giant Kroger Co is in talks to merge with smaller rival Albertsons Companies Inc, Bloomberg News reported on Thursday, in what would be one of the biggest deals in the U.S. retail landscape in recent years.
A potential deal would create a combined company with a market cap of about $47 billion and nearly $210 billion in annual sales.
Here are some key facts about the grocers:
Kroger Albertsons Source
Annual $137.89 billion $71.89 billion Refinitiv
revenue for fiscal 2021 for fiscal 2021 data
ended Jan. 29 ended Feb. 26
Market value $32.96 billion $13.65 billion Refinitiv
(as of close data
on Oct.12)
Store banners Kroger, Dillons, 24 banners Company
Ralphs, Fred including websites
Meyer, Smith’s, Albertsons,
King Soopers, Safeway, Vons,
City Market, Food Randalls, Carrs,
4 Less Jewel-Osco, and
Shaw’s
U.S. market 8.1%, trailing Behind Kroger at Euromonitor
share (2021) behind top 4.8%
retailer Walmart
at 25.2%
Private-label Houses over Includes Annual
and own 14,000 private Signature filings
brands label items, Select, O
including Big K Organics, Open
and Simple Truth Nature and Primo
Taglio
Employee 420,000 full- and 290,000, with Annual
count part-time about 65% filings
employees, as of part-time
Jan. 29
Footprint 2,726 stores 2,276 stores Annual
across 35 U.S. across 34 states filings
states and the and the District
District of of Columbia
Columbia,
including over
2,200 pharmacies
and 1,613 fuel
centers
(Reporting by Deborah Sophia in Bengaluru; Editing by Sriraj Kalluvila)
