2023-05-25 13:30:48 ET
According to a new report from data analytics firm Placer.ai, Albertsons and Kroger tout a commanding market share in the northwestern US.
Per the latest data , the two proposed merger partners saw 56.7% of tracked visits to grocery locations across Idaho, Montana, Wyoming, Oregon, and Washington in the month of April. Albertsons’ SafeWay franchise was the regional leader, followed by Kroger’s ( NYSE: KR ) Fred Meyer chain.
“With an Albertsons-Kroger merger in the works, the two companies appear poised to lead the Northwest grocery space in tandem,” the report states.
As far as other grocery options, the data suggests the employee-owned WinCo is making inroads with cost-conscious customers in the region. The company saw about 10.9% of regional visits, garnering about one-fifth of grocery visits in the state of Idaho.
The latest data builds on prior reports that indicated Texans prefer to load up their carts at H-E-B while New Englanders are prone to fill their carriages at Ahold ( OTCQX:ADRNY ) owned Stop & Shop.
Kroger is due to post its latest earnings results next week .
More on Albertsons/Kroger
- Kroger planned purchase of Albertsons still likely to close - analyst
- Albertsons may have to expand divestment package in Kroger deal - report
- Albertsons Companies is tipped by Tigress Financial for share price breakout
- Albertsons: Uncertainty Is The Name Of The Game
- Albertsons risk/reward skews to the upside amid merger uncertainty - RBC
- Albertsons Companies And Kroger: It's Okay If The Merger Fails
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Albertsons, Kroger dominate northwestern US grocery traffic