Kroger announced in late 2018 that it was acquiring Giant Eagle, a grocery chain with nearly 2,000 stores in 26 states. The deal was announced for $2.
5 billion, and the combined company is expected to be worth up to $20 billion.
Some analysts are skeptical about the strategic benefits of the merger, but most agree that it is a good move for Kroger. The combined company will have a larger reach and a larger customer base, which should lead to increased sales and profits.
The biggest challenge for Kroger will be integrating the two companies. The Giant Eagle stores are smaller and less modern than those at Kroger, and the employees may need to be retrained.
However, the merger should be beneficial for both chains and their customers.
