Kroger Co. is in talks about combining with Albertsons Cos. in a deal that would create a U.S. grocery giant, people familiar with the matter said.
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Albertsons in February announced a strategic review of its businesses, which include the Acme, Tom Thumb and Shaw’s chains as well as its eponymous stores, that raised the prospect of potential disposals to help create value for shareholders. Cincinnati-based Kroger, meanwhile, grew less sharply than Albertsons through the pandemic but has held on to more of its gains.
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