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Memories of the last major grocery merger, between Albertsons and Safeway in 2015, still haunt workers and union organizers. The companies agreed to sell 168 supermarkets in western states to ...
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]
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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.
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Safeway (NYS: SWY) and SUPERVALU (NYS: SVU) are careening out of control in a cart down an aisle of low earnings and high debt, as shares of both grocers have both fallen by double digits for 2012.