Potential Closure of 91 Safeway and Albertsons Stores Revealed in Merger Announcement
- Parent company of King Soopers and City Market discloses a list of 91 Safeway and Albertsons stores at risk of being sold.
- The potential closures are in response to the planned merger of the two major supermarket chains.
- Customers and employees of the affected stores face uncertainty regarding their future.
The parent company of Colorado's King Soopers and City Market has revealed a list of locations that could potentially be sold off if a proposed merger goes through. The Safeway stores that may be affected include those at 1200 S Buckley Rd and 3325 28th St in Boulder, 4800 E Baseline Rd in Boulder, 3275 W Colorado Ave and 4405 Centennial Blvd in Colorado Springs, 1653 S Colorado Blvd, 2150 S Downing St, 757 E 20th Ave, 3800 W 44th Ave, 6220 E 14th Ave, 10300 Federal Blvd, 500 E 120th Ave, and 3526 W 10th St in Denver, as well as 1601 Hwy 50 W in Pueblo and 37500 E US Hwy 40 in Steamboat Springs. The potential sale of these Safeway locations could have significant implications for the local communities where they are situated. Residents in areas such as Aurora, Boulder, Colorado Springs, Denver, Greeley, Pueblo, and Steamboat Springs may see changes in their access to grocery stores and the impact on local economies. The announcement of these possible divestitures comes as part of the ongoing discussions surrounding the merger, which could reshape the grocery retail landscape in Colorado. The identified Safeway and Albertsons stores are among those that may be divested to address antitrust concerns and facilitate regulatory approval for the merger. As stakeholders and consumers await further developments, the fate of these Safeway and Albertsons locations remains uncertain. The potential sale of these stores underscores the complexities involved in large-scale mergers and acquisitions within the retail sector, highlighting the need for careful consideration of the impact on both businesses and communities.