Does Kroger Own Food Lions? (2023)

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Many companies are owning other small businesses to expand at a greater rate. This strategy has been trending in the retail market. Many giants are controlling other companies and establishing areas where they get a competitive advantage. Today we are curious about Kroger. Does Food Lion is owned by Kroger? If Food Lion is not owned by Kroger, who is its owner?

Does Kroger Own Food Lion?

No, Kroger does not own Food Lion. Food Lion is another entity owned by some other ownership. Although Kroger has a hold on many other subsidiaries, Food Lion is not one of them. 

Who Own Food Lion?

Food Lion

A regional company headquartered in Salisbury, NC. It was founded in this area and a single grocery store named Food Town by its founders, Wilson Smith, Ralph Ketner, and Brown Ketner, in 1957. This store was later expanded to different states of America. It is a type of grocery store having more than 1000 locations which are placed in southeastern and mid-Atlantic states of America which are as under. 

  • Delaware,
  • Georgia, 
  • Kentucky, 
  • Maryland, 
  • North Carolina, 
  • Pennsylvania, 
  • South Carolina, 
  • Tennessee, 
  • Virginia and 
  • West Virginia
  • More than 88,000 employees are working in these locations.

Food Lion Ownership 

Now Food Lion is a subsidiary company. It is now owned and acquired by a Belgium conglomerate named Delhaize Group. This acquisition was signed in 1974. After some years, the last name of Food Town was changed to the new name, Food Lion, to exclude those stores’ irrelevance to the Food Town. More mergers of the companies were witnessed, and now it is owned by Ahold Delhaize Group. 

Kroger Company and Ownership

Kroger 

Kroger is a multi-departmental store that prevailed in the United States. It has a network of supermarkets. It has been selling services to millions of customers. It has more than 2850 locations throughout the United States. More than 465,000 employees are working in these stores. Kroger has owned several companies and expanded at a greater rate. We have a lot of names.

Major Ownership Share of Kroger  

Major shares are incorporated into three groups.

  • The Vanguard Group, Inc
  • BlackRock, Inc
  • Berkshire Hathaway Inc

The Vanguard Group, Inc has 11.3% of shares worth $3,780,284,262BlackRock, Inc. has 2nd most shares at 9.17$, which is $3,069,440,502 worth. Berkshire Hathaway Inc. has 7.33% of the worth of $2,452,492,287.

Comparative Analysis of Kroger and Food Lion

You might be thinking of the fact that where to shop. Is Kroger better for shopping or Food Lion? Yet we are providing a detailed analysis of both companies. These facts will help you to decide your shopping destination.

  • Kroger is an independent company, while Food Lion is a subsidiary of the Ahold Delhaize group.
  • You can witness a greater variety at Kroger as compared to Food Lion. So if you are watching for a specific product, you can visit Kroger, where you will find products at a great deal. On the other hand, Food Lion is also operating majorly as a grocery store. 
  • Kroger and Food Lion are working as retail grocery stores.
  • Kroger has better brand recognition than Food Lion.
  • Both companies are high-quality brands. 
  • Although Food Lion offers discounts and promotions yet Kroger places them more frequently. 
  • If you are price-conscious, you can discover and utilise discounts at Kroger more frequently.
  • Kroger offers Affirm financing support which is unavailable at Food Lion.
  • Both provide free shipping and in-store products. 
  • Both stores do not offer a price match.
  • If you want to lower prices for certain products compared to other giants, you cannot do so at both companies. 
  • Food Lion has offered veterans discounts.
  • Both companies have positive brand values and a commitment to racial equality.

Kroger Subsidiaries

Kroger does not own Food Lion, but Kroger owns many other companies. Some of these companies are mentioned below.

  • Agri-Products, Inc.
  • Bluefield Beverage Company
  • Country Oven, Inc.
  • Dillon Companies, Inc.
  • Dotto, Inc.
  • Drugs Distributors, Inc.
  • Embassy International, Inc.
  • Fred Meyer, Inc.
  • Henke & Pillot, Inc.
  • Henpil, Inc.

(Subsidiary of Rocket Newco, Inc.)

  • Inter-American Foods, Inc.
  • Inter-American Products, Inc.
  • J.V. Distributing, Inc.
  • Kessel FP, L.L.C. (limited liability company)
  • Kessel R.C.D., L.L.C. (limited liability available )
  • Kessel Saginaw, L.L.C. (limited liability available)
  • KRGP Inc.
  • KRLP Inc.

Conclusion:

Kroger has owned many companies, but it does not own Food Lion. Kroger is an independent entity, while Food Lion operates as a subsidiary. Food Lion is owned by another group named Ahold Delhaize. Both companies are working under the banner of grocery stores. You can visit one of these companies by your preferences.

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