Kroger’s disclosure about the amount of money it is devoting to the store-related projects in its Cincinnati/Dayton Division comes just a few weeks after the grocer and Albertsons unveiled a revised divestiture proposal aimed at winning approval for their embattled effort to combine.
While Kroger did not mention the merger proposal in its press release about the store investments, the company described its efforts to upgrade the retail locations as part of an ongoing effort to invest in communities and workers — both of which are key tenets of its campaign to gain clearance for the merger.