Safeway is closing additional stores as parent company Albertsons Companies reassesses its retail footprint following the collapse of its proposed $24.6 billion merger with Kroger.
Albertsons told USA Today that the company had slowed its potential “portfolio optimization” efforts while the Kroger transaction was pending, then resumed evaluating its store network after the deal fell apart. That process has included opening stores in areas where the company sees long-term demand while making what Albertsons described to the outlet as the difficult decision to close some locations.
The broader company closed 35 stores during fiscal 2025, more…
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