Safeway shrinks store count after Kroger merger fails

Albertsons is closing stores and expanding others amid a reevaluation of its retail network following the collapse of its $24.6 billion merger with Kroger, which was blocked by the FTC. In fiscal 2025, the company closed 35 stores, more than tripling closures from previous years, resulting in a $63.4 million decline in sales. Despite closures, Albertsons continued investing in remodeling and new stores, operating 2,244 locations across 35 states and Washington, D.C. The company is also working to reassign affected employees.

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