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Exclusive: Albertsons in advanced talks to buy Price Chopper – sources
November 30, 2016 by elegant · Leave a Comment
U.S. supermarket chain Albertsons Companies Inc is in advanced talks to acquire closely held grocery store operator Price Chopper for around $1 billion, people familiar with the matter said on Tuesday. A deal would underscore the wave of consolidation sweeping the U.S. grocery industry, as regional chains struggle to compete against online retailers such as Amazon.com Inc , big box stores such as Wal-Mart Stores Inc , and discount chains such …
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Exclusive: Albertsons in advanced talks to buy Price Chopper – sources