Albertsons is reportedly considering a takeover of Whole Foods


Grocery chain Albertsons is exploring buying Whole Foods, according to the Financial Times' James Fontanella-Khan.

The FT, citing sources close to the matter, said that the private equity funds that own Albertsons, including Cerberus Capital Management, have held talks with bankers regarding a takeover of Whole Foods.

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Albertsons merged with rival grocery chain Safeway in 2014 and explored an initial public offering in 2015 before deciding against it.

In March, reports from Bloomberg said that Albertsons was looking into a acquisition of organic grocer Sprouts Farmers Market, but the FT said those talks have since stalled.

Discover the most popular grocery store in each state:
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The most popular grocery store in every state
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The most popular grocery store in every state

ALABAMA: Publix 

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ALASKA: Safeway 

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ARIZONA: FrysFoodStores 

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ARKANSAS: Harps Food Stores

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CALIFORNIA: Trader Joe's

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COLORADO: King Soopers

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CONNECTICUT: Whole Foods Market 

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DELAWARE: Food Lion Grocery Store 

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WASHINGTON, D.C.: Whole Foods Market

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FLORIDA: Publix 

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GEORGIA: Publix 

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HAWAII: Safeway 

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IDAHO: Albertsons

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ILLINOIS: Jewel 

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INDIANA: Kroger 

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IOWA: Hy-Vee 

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KANSAS: Hy-Vee

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KENTUCKY: Kroger 

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LOUISIANA: Rouses Markets 

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MAINE: Shaw's 

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MARYLAND: Safeway 

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MASSACHUSETTS: Whole Foods Market 

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MICHIGAN: Kroger 

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MINNESOTA: Cub Foods 

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MISSISSIPPI: Kroger 

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MISSOURI: Hy-Vee 

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MONTANA: Albertsons

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NEBRASKA: Hy-Vee

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NEVADA: Albertsons

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NEW HAMPSHIRE: Shaw's 

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NEW HAMPSHIRE: Shaw's 

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NEW MEXICO: Albertsons

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NEW YORK: Whole Foods Market

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NORTH CAROLINA: Food Lion Grocery Store

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NORTH DAKOTA: Hombacher's

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OHIO: Kroger 

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OKLAHOMA: Homeland Stores

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OREGON: Safeway 

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PENNSYLVANIA: Wegmans Food Markets

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RHODE ISLAND: Shaw's

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SOUTH CAROLINA

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SOUTH DAKOTA: Hy-Vee 

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TENNESSEE: Publix

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TEXAS: H-E-B 

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UTAH: Smith's

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VERMONT: Shaw's 

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VIRGINIA: Food Lion Grocery Store 

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WASHINGTON: Safeway

Photo credit: Reuters 

WEST VIRGINIA: Food Lion Grocery Store

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WISCONSIN: Pick 'n Save 

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WYOMING: Albertsons

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While Foods has been struggling with sales woes for some time and announced in February that it was shuttering nine stores during the first part of 2017.

Two weeks ago, activist hedge fund Jana Partners announced it had taken a 9% stake in Whole Foods and was pushing for changes at the high-end grocer, including a possible sale.

In response to the news, shares of Whole Foods spiked roughly 4% as of 1:46 p.m. ET.

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SEE ALSO: Whole Foods is closing stores — see if yours is on the list

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