• FTC blocks Safeway-Fred Meyer merger

    FTC blocks Safeway-Fred Meyer merger

    National news on the proposed merger of Kroger (Fred Meyers) and Albertsons (Safeway) could potentially affect the Peninsula and Interstate Fred Meyers and St. Johns Safeway. The two parent companies of the stores proposed a $24.6 billion merger in 2022.  On Monday, February 26, Federal Trade Commission (FTC) announced its decision on the merger. They…