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Safeway, Inc. is an American supermarket chain. The chain provides grocery items, food and general merchandise and a variety of specialty departments, such as bakery, delicatessen, floral and pharmacy, as well as Starbucks coffee shops, and vehicle fuel centers. [2]
Albertsons Companies, Inc. [1] [2] 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, [3] [8] [6] the company is the second-largest supermarket chain in North America after Kroger.
Safeway later acquired Pay and Take It Stores from Loronzo L. Skaggs in 1928. [4] Safeway is considered the main successor to Skaggs, and despite the Skaggs Companies later being bought by Albertsons, Safeway was also acquired by Albertsons, thus bringing the Skaggs history full-circle.
The acquisition deal cost Albertsons $385 million and required Albertsons to sell its single stores in the Amarillo and Wichita Falls, Texas, markets. [7] As part of the acquisition, several Albertsons locations in Eastern New Mexico, which were re-branded as "Albertsons Market", were added to the new United division of Albertsons-Safeway.
About Wikipedia; Contact us; Contribute Help; ... Safeway Inc. (est. 1915)—a major chain of supermarkets in the United States, and a subsidiary of Albertsons since ...
Albertsons merged with Safeway in 2015 in a $9.2 billion deal which included an FTC requirement to spin off 168 stores to stop the new company having a monopoly in certain markets. [7] The commitment was the largest ever divestiture of supermarkets at the time.
2003 Safeway has approximately 1700 stores across the US and Canada which include 329 Vons stores in Southern California and Nevada, 132 Randall and Tom Thumb stores in Texas, 42 Genuardi's in the Philadelphia area, and 21 Carr's stores in Alaska. Albertsons operates over 2500 stores in 38 states.
By 1939 Albertson was supervising more than a dozen stores. Wanting to start his own store, Albertson took $5,000 of his own money and $7,500 borrowed from his wife's aunt to open his first Albertsons grocery store in partnership with L.S. Skaggs, a former Safeway division manager, and Tom Cuthbert, Skaggs's accountant. The store, at Sixteenth ...