interested party: Food giants' merger concerns AGs, locals

9/12/23

Food giants' merger concerns AGs, locals

The Kroger/Albertsons merger is causing significant heartburn among policymakers here in New Mexico but we’re blessed with Trader Joe’s, Whole Foods, Natural Grocers and a local coop so the impact could create more food deserts in rural communities. There are also two Sprouts in Santa Fe, a sprawling farmer’s market, roadside produce stands along nearly every byway and numerous Latino markets that serve local communities.

Twelve Albertsons stores in New Mexico are part of the proposed $24.6 billion merger as are 24 Smith’s, owned by Kroger. In August New Mexico Secretary of State Maggie Toulouse Oliver signed a letter with secretaries of state from Colorado, Rhode Island, Arizona, Maine, Vermont and Minnesota rejecting the deal. Which Albertsons or Smith's in the state would be sold or if the sale of those supermarkets would affect storefront names remains a mystery.

The companies argue that competition from Walmart, Costco and others are forcing consolidation in the industry.

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1 comment:

larry kurtz said...: Nine Albertsons could close in New Mexico but in Santa Fe the three operations there are way better than the two Smith's are.; April 24, 2024 at 4:21 AM

Wild Horses of Red Rock

After consulting with the Horse Shelter and an equine veterinarian Donnamarie and Larry have decided that the best way to protect ten free-roaming horses is to keep them in their care. Forage is scarce and the only water available is from wells on their property so the four mares that will foal very soon will be safe, well cared for and as wild as possible. About fifteen acres is fenced with horse-safe wire but the gate is always open so the herd can come and go as they please. The couple has been buying hay and so far that is working but the three stallions need to be gelded and that is expensive so we're asking you to pony up to help defray the cost.