EntityQ2831861· pop 11· linked from 989 articles

Albertsons

Albertsons Companies, Inc. is an American grocery company founded and headquartered in Boise, Idaho.

Key facts

Company.name: Albertsons Companies, Inc.
Company.logo: 250px
Company.former_names: Albertson's Inc. (until 2006 sale to Supervalu, Cerberus)
Company.type: Public
Company.founder: Joe Albertson
Company.owner: Cerberus Capital Management (26%)
Company.hq_location: Boise, Idaho, U.S.
Company.locations: 2,271 (December 2023)
Company.products: Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor
Company.services: Supermarket
Company.revenue: (2021)
Company.operating_income: US$2.4 billion (2021)
Company.profit: US$1.6 billion (2021)
Company.assets: US$28.1 billion (2021)
Company.equity: US$3.0 billion (2021)
Company.num_employees: 325,000 (May 2020)

via Wikipedia infobox

Key dates

Inception: 1 January 1939

via Wikidata · CC0

Wikidata facts

Instance of: public company
Country: United States
Headquarters: Boise
Owned by: Cerberus Capital Management
Parent organization: SuperValu
Industry: retail
Employees: +250000
Revenue: +60534500000
Stock exchange: New York Stock Exchange
Legal form: limited liability company

Article

25 sections

Contents

History
Beginnings
Partnership with Skaggs and 1970s expansion
Expansion in the 1980s
Expansion in the 1990s
Albertsons Express gas stations
American Stores acquisition
2001–2004 restructuring
Sale to Cerberus and SuperValu
A leaner company
End of the first generation of Albertsons Express
New Albertsons acquisition
United Supermarkets acquisition
Safeway acquisition
Announcement and postponement of going public and A&P acquisition
Post-Safeway: Acquisitions, conversions, expansions, and selloffs
Albertsons Express expansion
Additional acquisitions and closures
Failed acquisition by Kroger
Chains
Brands
Operations
Sustainability and animal welfare
References
External links

Albertsons Companies, Inc. is an American grocery company founded and headquartered in Boise, Idaho.

With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, the company is the second-largest supermarket chain in North America after Kroger. Albertsons ranked 53rd in the 2018 Fortune 500 list of the largest United States corporations by total revenue. Prior to its January 2015 merger with Safeway Inc. for $9.2 billion, it had 1,075 supermarkets located in 29 U.S. states under 12 different regional banners. Its predecessor company, Albertsons, Inc., was reorganized as Albertsons LLC and sold to AB Acquisition LLC, a Cerberus Capital Management–led consortium. After buying back the majority of its former stores it sold to SuperValu in 2006, AB Acquisition announced it would change its name to Albertsons Companies Inc. in 2015. The company's corporate name was Albertson's Inc. until 2002, when the apostrophe was removed.