|
Sr. No. |
Item |
Description |
|
1 |
Company Name |
|
|
2 |
Website |
www.albertsonscompanies.com |
|
3 |
Established Date |
1939 |
|
4 |
Headquartered |
United States |
|
5 |
Market Position/ History |
In 1939, Joe Albertson, a former Safeway district manager, took $5,000 he saved and $7,500 he borrowed from his wife’s Aunt Bertie, and partnered with L.S. Skaggs to open his first Albertsons store on 16th and State Streets in Boise, Idaho. Albertsons Companies is one of the largest food and drug retailers in the United States, operating over 2,200 stores across 34 states and the District of Columbia. |
|
6 |
Sales Area |
United States |
|
7 |
Ticker |
NYSE: ACI |
|
8 |
No. of Employees |
~ 285,000 employees |
|
9 |
Competitors |
Walmart Inc. Costco Wholesale Corporation. Target Corporation ALDI Inc. Meijer, Inc. |
|
10 |
CEO |
Vivek Sankaran |
|
11 |
Ownership Type |
Public |
|
12 |
Contact Information |
250 E. Parkcenter Blvd. Boise, ID 83706 Tel: 877-723-3929 |
Business Segment/ Overview:
Albertsons Companies, Inc. operates as a banner of Albertsons Companies, one of the significant food and drug retailers in the United States. With both a strong local presence and national scale, the company operates stores across 35 states and the District of Columbia under 20 well-known banners. Albertsons Companies is committed to helping people across the country live better lives by making a meaningful difference, neighbourhood by neighbourhood. Its diverse portfolio includes well-known banners such as Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, and more. Supporting its extensive retail network, the company operates 22 distribution centers and 19 manufacturing plants. With 285,000 associates dedicated to exceptional service, Albertsons continually invests in innovation to enhance its digital and product offerings, ensuring a seamless shopping experience for customers wherever they are. The company’s brand portfolio is as follows:\
Albertsons Companies, Inc. offers grocery products, general merchandise, health and beauty care products, pharmacy, fuel and other items and services in its stores or through digital channels.
Recent Developments:
|
Year |
Latest News |
|
December 2024 |
Albertsons Terminates Merger Agreement Albertsons Companies, Inc. announced it has exercised its right to terminate its merger agreement with Kroger after the U.S. District Court in Oregon and the King County Superior Court for the State of Washington issued injunctions with respect to the proposed merger on December 10, 2024. |
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