Giant Eagle becomes part of Kroger in $1.65B deal
Staff report Cincinnati-based Kroger Co. announced Wednesday the $1.65 billion acquisition of Giant Eagle stores and its private label ventures. An unknown number of Giant Eagle stores will be dropped from its current roster of 197 to obtain federal regulatory approval, Kroger said in a joint news release. Giant Eagle operates 11 stores in Mahoning, Trumbull and Columbiana counties and 87 in Ohio, according to real-time inventory tracker storelocators.com. Previously, Kroger sought to acquire national grocer Albersons in a $25 billion merger. The effort failed in late 2024 as it ...