Albertsons

Albertsons is an American grocery company chain. It is based in Boise, Idaho, with 2,253 stores.

Albertsons
Albertsons Companies, Inc.
FormerlyAlbertson's Inc. (until 2006 sale to Supervalu, Cerberus)
Company typePublic[1][2]
Industry
FoundedJuly 21, 1939 (87 years ago) (1939-07-21)
FounderJoe Albertson
HeadquartersBoise, Idaho, U.S.
Number of locations
2,271 (December 2023)[3][4][5][6]
Key people
ProductsBakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor
ServicesSupermarket
RevenueIncrease US$71.9 billion (2021)
Increase US$2.4 billion (2021)
Increase US$1.6 billion (2021)
Total assetsDecrease US$28.1 billion (2021)
Total equityIncrease US$3.0 billion (2021)
OwnerCerberus Capital Management (26%)[7]
Number of employees
325,000 (May 2020)
Subsidiaries
Websitewww.albertsons.com
www.albertsonscompanies.com

Albertsons is an American grocery company chain. It is based in Boise, Idaho, with 2,253 stores.

It was founded in the year 1939. The grocery company was 53rd in the Fortune 500 list of 2018.[8]

The supermarket is the second largest supermarket group after Kroger.[9][10]

The group was bought by Safeway in 2015 for $9.2 billion, and had 1,075 supermarkets in 29 different US states.[11]

References

  1. ↑ "Albertsons: Albertsons Files Registration Statement for Proposed Initial Public Offering". Albertsons. Archived from the original on March 4, 2016. Retrieved January 5, 2016.
  2. ↑ "Albertsons: About Us". Albertsons. Archived from the original on January 2, 2016. Retrieved January 5, 2016.
  3. ↑ "Inline XBRL Viewer". sec.gov. Retrieved January 22, 2024.
  4. ↑ "Albertsons Companies, Inc. FORM 10-Q". investor.albertsonscompanies.com. January 22, 2024. Retrieved January 22, 2024.
  5. ↑ "Document Contents". snl.com. Archived from the original on March 22, 2019. Retrieved March 9, 2019.
  6. ↑ Cite error: The named reference Maria Armental-2014 was used but no text was provided for refs named (see the help page).
  7. ↑ Solomon, Brian (March 6, 2014). "Cerberus Buys Safeway, Merges It with Albertsons For Over $9 Billion". Forbes. Archived from the original on June 7, 2014. Retrieved June 3, 2014.
  8. ↑ "Fortune 500 Companies 2018: Who Made the List". Fortune. Archived from the original on January 15, 2019. Retrieved 2018-11-10.
  9. ↑ Banton, Caroline. "The World's Largest Grocery Store Chains". The Balance Small Business. Archived from the original on July 28, 2020. Retrieved 2020-07-28.
  10. ↑ Farfan. "The World's Largest Supermarket Chains 2018". The Balance Small Business. Archived from the original on July 28, 2020. Retrieved 2020-07-28.
  11. ↑ Halkias, Maria (January 30, 2015). "It's a done deal: Albertsons and Safeway merger is complete". Dallas Morning News. Archived from the original on January 31, 2015. Retrieved March 13, 2015.

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