Kroger Makes Bid For Albertson’s; Feds Likely To Scrutinize Combination Closely

There was a really big merger announcement while I was on vacation. The deal doesn’t involve foodservice companies per se, but it would involve a huge amount of foodservice sales, if it is approved and closes. Kroger, the largest supermarket chain in the US, and Albertson’s, the second largest chain, announced Oct. 14 that the two…