Safeway is undergoing store closures as its parent company, Albertsons Companies, reevaluates its retail presence. This move comes after a proposed merger between Albertsons and Kroger fell through.
The merger, which was valued at $24.6 billion, has not come to fruition, prompting Albertsons to reassess its footprint. As a result, additional Safeway stores are being closed.
Further details on the store closures and Albertsons' plans are available from the source, FOX 7 Austin.
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