US grocery giants Kroger, Albertsons talk merger, says media
CINCINNATI, Ohio: Rivals Kroger and Albertsons, the top two U.S. grocery companies, are in talks about a potential merger to create a supermarket giant worth some $47 billion.
The news was first reported by Bloomberg.
If agreed, the merger could give the grocery giants considerable leverage in negotiations with consumer-product manufacturers, such as Procter and Gamble and Unilever, during a period of sur