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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.
A Cerberus-led group of investors (who included Kimco Realty Corporation, Schottenstein Stores Corp., Lubert-Adler Partners, and Klaff Realty) purchased the Albertsons stores in Northern California, Colorado, Texas, Oklahoma, Florida, Arizona, and New Mexico forming a new company called Albertsons LLC. Many of these stores have since been sold ...
GEM – initially called Government Employees Mutual Stores, and later Government Employees Mart before settling on G. E. M. Membership Department Stores, a profit-making company that was aimed at the governmental employees market; first store was opened in Denver in 1956; [190] after several expansions, the company filed for bankruptcy in 1974 ...
In 1997, Albertsons added gas pumps and a small convenience store in front of a store in Eagle, Idaho. [70] [71] Since the experiment was successful, Albertsons decided to expand this concept to all stores that would be able to support it and was allowed by local government. The new concept was called Albertsons Express.
One year later, Albertsons would buy 74 Jewel-Osco stores (some only months before named Skaggs-Alpha Beta) in Oklahoma, Florida, Arkansas, and Texas from American Stores. American Stores and its subsidiaries would be acquired by Albertsons in 1999.
Joseph Albert Albertson (October 17, 1906 – January 20, 1993) was an American entrepreneur and founder of the Albertsons grocery store chain, one of the largest food and drug retailers in the United States.
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.
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]