• @jordanlund
    link
    31 month ago

    Then why would they be buying 166 grocery stores from Albertson’s and Kroger?

    • @KnightontheSun
      link
      101 month ago

      I’d bet they’re just parking the stores temporarily only to buy them back later after the deal happens. But then I’m a cynic.

    • @[email protected]
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      fedilink
      English
      61 month ago

      one of the primary arguments against the original sales package was that C&S does not have meaningful operational experience

      Your guess is as good as mine, but the section I quoted may indicate they might be trying to break more into front-end operations.

      They have extraordinarily robust market channels set up already and have their hands in the vast majority of the grocery industry for grocers that aren’t large enough to have their own vertically integrated warehousing like Walmart, Kroger, etc.

      I wouldn’t be surprised if they negotiate regional buyouts to their existing clients or just sell off the assets. I hope they don’t become a brick and mortar store because honestly that would just be another industry monopoly coming into the forefront.