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Safeway Closing More Stores as Albertsons Reshapes Footprint After Failed Kroger Merger

Albertsons said it is closing underperforming locations and opening others as it resumes portfolio changes after the $24.6 billion deal fell apart.

  • 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.
  • The Federal Trade Commission successfully sued to block the $24.6 billion transaction, with the U.S. District Court for the District of Oregon granting a preliminary injunction on December 10, 2024.
  • Albertsons told USA Today it slowed potential "portfolio optimization" efforts while the transaction was pending, then resumed evaluating its store network after the deal fell apart.
  • Confirmed Safeway closures in 2026 include stores in Hayward, California; Newport, Oregon; and Washington, D.C., where Albertsons said it is working to place affected employees at other locations.
  • Albertsons seeks a $600 million termination fee from Kroger while facing mounting costs; expenses tied to closed stores and surplus properties climbed to $45.1 million in fiscal 2025 from $15.9 million prior year.
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The closures will be carried out for now in three states: California, Oregon and Washington, D.C. due to adjustments in Albertsons Companies

·Los Angeles, United States
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Fox5 DCFox5 DC
+6 Reposted by 6 other sources
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Safeway closing more stores as Albertsons reshapes footprint after failed Kroger merger

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.

·Washington, United States
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Fox Business broke the news in New York, United States on Sunday, August 16, 2026.
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