Markets· August 16, 2026 at 03:39 p.m.
Albertsons Closes More Safeway Stores After Failed Kroger Merger
Key takeaways
- Albertsons closed 35 Safeway stores in fiscal 2025
- Closures reduced sales by $63.4 million
- Some Safeway locations that have closed include stores in Hayward, California; Newport, Oregon; and Washington, D.C.
Albertsons Companies, the parent company of Safeway, is closing additional stores as it reassesses its retail footprint following the collapse of its proposed $24.6 billion merger with Kroger. The company closed 35 stores during fiscal 2025, more than triple the number from the previous year, and opened nine new ones. The closures had a measurable impact on Albertsons' results, reducing sales by $63.4 million and increasing costs associated with closed stores and surplus properties. The company did not provide a full list of planned Safeway closures, but some locations that have closed in 2026 include stores in Hayward, California; Newport, Oregon; and Washington, D.C.
