Kroger-Albertsons Merger Expected to Impact Seafood Product Sourcing
Two major national retail supermarket chains, Cincinnati-based Kroger and Albertsons, which is headquartered in Boise, Idaho, have entered into an agreement to merge their organizations. In an announcement this past week the two companies said that they plan to expand customer reach to delivery fresh, affordable food to some 85 million households.
The online publication SeafoodSource said the acquisition is likely to impact how the retailer sources its seafood products. Kroger operates over 2,700 stores compared to nearly 2,300 owned by Albertsons. Insider Intelligence Senior Analyst Blake Droesch said in a statement provided to SeafoodSource that seafood suppliers are likely to be negatively impacted, as the two mammoth retailers – given an expanded base of 85 million households an...