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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 .
Glassdoor is an American website where current and former employees anonymously review companies, operated by the company of the same name. [ 1 ] In 2018, the company was acquired by the Japanese Recruit Holdings (Owner of Indeed ) for US$1.2 billion, and it continues to operate as an independent subsidiary.
The top executives of the two firms make out like bandits if this merger falls into place. | Opinion
And we need more companies like Kroger supporting our efforts. Therefore we look forward to a favorable approval of Kroger’s proposed merger. Marcos Wanless, Tacoma
On September 9, 2013, United Supermarkets LLC was sold to Albertsons LLC. [6] On February 4, 2014, the FTC voted 4–0 to approve the deal. The acquisition deal cost Albertsons $385 million and required Albertsons to sell its single stores in the Amarillo and Wichita Falls, Texas, markets. [7]
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The Vons Companies, Inc. is a supermarket chain owned by Albertsons, with most of its locations in Southern California and the Las Vegas Valley. It is headquartered in Fullerton , California , [ 2 ] and operates stores under the Vons and Pavilions banners.
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.