Are You About to Lose Your Safeway? (Maybe, Kind Of)

Kroger may be poised to gobble up foods store.

Safeway could be bought. (Patch file photo.)
Safeway could be bought. (Patch file photo.)

The country’s largest grocer, Kroger Co., may try to buy all or part of the second-biggest grocery chain, Safeway Inc., which has dozens of stores across Virginia.

The merger may be the only way for the two large grocers to compete against the nation's largest seller of groceries, Walmart, says the Wall Street Journal.

Whether Kroger ends up with a chunk of Safeway remains to be seen. The Wall Street Journal says the private equity firm Cerberus Capital Management, which also owns Albertsons, has a Safeway buyout in the works.

Cerberus is still seen as the likely buyer for Safeway due in part to the antitrust issues involved with a Kroger combination, the newspaper reports.

But those antitrust concerns might be lessened as Walmart and Target join in the grocery business.

Robbi March 06, 2014 at 03:51 PM
Safeway was getting down right unsanitary at Daniel Stuart Square. It needs a wake up call. Come On Kroger!
mc6 March 06, 2014 at 06:54 PM
That's the best potential news I've heard all day. Hunters Wood Safeway is a MESS.
Fairfax Watcher March 07, 2014 at 03:39 PM
WELL...............no worries for those Kroger lovers or haters as SAFEWAY went to Albertson's owner, CERBERUS. CERBERUS plans on reforming Safeway stores to look/feel like Trader Joe's.
Rick Tocchet March 09, 2014 at 01:22 AM
It's always that "evil Walmart" with Lefties...
Dave Jennings March 09, 2014 at 08:15 PM
Cerberus will probably close at least half the chain as most equity firms are apt to do in order to up profit and create a stream of returns that will up their chances of passing it off to someone else in a few years.


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