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Albertsons Closures After Kroger Merger Collapse | Oakland News
Albertsons is aggressively rethinking its store footprint after the collapse of its $24.6 billion merger with Kroger, shuttering 35 stores last year — up from just 10 the prior year — while opening 9 new ones and investing nearly $2 billion in remodels, tech upgrades, and expansion. The closures cost the company over $63 million in sales and $45 million in stranded assets, but the strategy aims to future-proof its 2,200+ locations amid ongoing legal battles with Kroger over the failed deal. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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