Sponsored By
Kroger says it plans to lower prices by $1B following Albertsons merger
The grocer had previously promised to lower grocery prices by $500 million at Albertsons locations
1 Min Read
![Kroger store exterior.png Kroger store exterior.png](https://eu-images.contentstack.com/v3/assets/blt58a1f8f560a1ab0e/blt5053003d999e3eb4/66cc87d86d6545535d68e0c1/Kroger_20store_20exterior_3.png?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
Last month, the proposed merger was halted pending a Colorado District Court ruling on a lawsuit filed to block the deal.Getty Images
Supermarket chain Kroger plans to lower grocery prices by $1 billion after the completion of its proposed $25 billion merger with smaller rival Albertsons, according to reporting from Reuters.
Kroger had previously promised to lower grocery prices by $500 million at Albertsons locations.
The major grocery merger was first announced in October 2022 but has yet to move forward. Last month, the proposed merger was halted pending a Colorado District Court ruling on a lawsuit filed to block the deal. The trial is set to begin on Sept. 30.
About the Author
Stay up-to-date on the latest food retail news and trends
Subscribe to free eNewsletters from Supermarket News