Kroger’s Purchase of Giant Eagle Gives Walmart a Run for Their Money
3 Articles
3 Articles
Ohio grocer Kroger announces $1.65 billion deal to purchase Giant Eagle
The Kroger Co. corporate headquarters is seen in downtown Cincinnati. (Photo by Scott Olson/Getty Images)The Ohio-based grocery chain Kroger announced plans Wednesday to purchase one of its competitors, Giant Eagle, for $1.65 billion. The Pennsylvania-based retailer has more than 200 locations stretching from Maryland to Indiana. The deal is expected to close next year and still needs federal approval to go forward. In a press release Kroger CEO…
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