Category: Markets
Published: 2026-08-16T15:38:42.000Z
Albertsons is closing additional Safeway stores and re-evaluating its retail footprint after the collapse of its $24.6 billion merger with Kroger. The company closed 35 stores in fiscal 2025, more than triple the previous year, impacting sales and increasing costs. Albertsons is also investing in remodels and new stores, operating 22 grocery banners.
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