The Cincinnati Post reports that Kroger has maintained an aggressive growth strategy over the past few years not by pursuing mega-mergers, but by “scooping up” more than 200 stores around the country “by cherry-picking the best stores of decaying and declining rivals in key markets.” The result has been a 10 percent increase in its store base.
Among the more noteworthy purchases: six Thriftway stores in Cincinnati, three Albertsons stores in Omaha and 17 in Houston, four Cub Food stores in Denver, six Eagle Food stores in Illinois, 19 Raley’s stores in Las Vegas, and seven Winn-Dixie stores in Dallas.
The process has allowed Kroger to build on existing customer bases, and hasn’t attracted a lot of regulatory scrutiny, the Post reports.
Among the more noteworthy purchases: six Thriftway stores in Cincinnati, three Albertsons stores in Omaha and 17 in Houston, four Cub Food stores in Denver, six Eagle Food stores in Illinois, 19 Raley’s stores in Las Vegas, and seven Winn-Dixie stores in Dallas.
The process has allowed Kroger to build on existing customer bases, and hasn’t attracted a lot of regulatory scrutiny, the Post reports.
- KC's View:
- Smart. Very smart.
