33 Facts About Albertsons


Albertsons Companies, Inc is an American grocery company founded and headquartered in Boise, Idaho.

FactSnippet No. 1,544,797

Albertsons ranked 53rd in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

FactSnippet No. 1,544,798

Albertsons was founded in 1939 by Joe Albertson on July 21 in Boise, Idaho.

FactSnippet No. 1,544,799

In 1967, Albertsons expanded into Colorado, acquiring eight stores from Furr's Supermarkets.

FactSnippet No. 1,544,800

Skaggs kept stores in Texas, Oklahoma, and Arkansas, and Albertsons kept stores in Florida, Alabama, and Louisiana, as well as some Texas stores.

FactSnippet No. 1,544,801

Albertsons continued to expand its base in the West during this time.

FactSnippet No. 1,544,802

In 1973, Albertsons opened its first distribution center in Brea, California.

FactSnippet No. 1,544,803

In 1974, Albertsons bought the four-store Monte Mart chain in northern California.

FactSnippet No. 1,544,804

Albertsons bought Fazio's Shopping Bag in 1978 from Fisher Foods, adding 46 stores in Southern California.

FactSnippet No. 1,544,805

In 1982, Albertsons reorganized its management into four regions: California, Northwest, Intermountain, and South.

FactSnippet No. 1,544,806

Albertsons continued to add stores in the 1980s, building or acquiring about 283 stores during the decade.

FactSnippet No. 1,544,807

Albertsons continued to expand in Texas beyond the Skaggs base in north Texas and San Antonio, re-entering the Dallas–Fort Worth market in 1984, and adding three Skaggs-Alpha Beta stores in Austin within months after entering that market in early 1989 with the acquisition of six Tom Thumb stores.

FactSnippet No. 1,544,808

Albertsons built its first fully mechanized distribution center in Portland, Oregon, in 1988.

FactSnippet No. 1,544,809

In 1994, Albertsons would acquire four stores from San Diego County chain Big Bear Markets.

FactSnippet No. 1,544,810

Albertsons launched a new branch of their brand in 1997, Albertsons Express.

FactSnippet No. 1,544,811

In 1998, Albertsons made its biggest acquisition yet: American Stores Company, which included the chains ACME in Pennsylvania, New Jersey, Maryland, and Delaware; Lucky in California and Nevada; Jewel, Jewel-Osco in Illinois, Indiana, and Iowa, and two drug store chains: Osco Drug, with a presence in New England, the Midwest, Montana and Arizona; and Sav-on Drugs, with a presence in Southern California, Nevada, Western Arizona, and New Mexico.

FactSnippet No. 1,544,812

In January 2001, Albertsons restructured its "districts" to a divisional structure mostly based around distribution centers, with a drug store division and 18 regional division offices.

FactSnippet No. 1,544,813

Albertsons sold its freestanding Osco Drug stores in the northeastern states to Jean Coutu Group, a Canadian drug store company.

FactSnippet No. 1,544,814

In 2001, the short-lived Des Moines stores would close as well and Albertsons began to issue Albertsons Preferred Savings Cards for all of its stores.

FactSnippet No. 1,544,815

Albertsons LLC included 661 stores and the distribution centers and offices from five of Albertsons divisions.

FactSnippet No. 1,544,816

On June 6,2006, only one week after Albertsons LLC was created, the company announced its intent to close 100 Albertsons stores by August 2006, including all but two Super Saver stores.

FactSnippet No. 1,544,817

Albertsons gradually converted all the stores to its Save Mart banner over summer 2007, except for stores in the San Francisco Bay area, which were rebranded as Lucky.

FactSnippet No. 1,544,818

In December 2014, Albertsons announced that the Haggen Company, a Bellingham, Washington, based grocery chain, was buying 146 Safeway, Albertsons and Vons stores, as required by the antitrust review of the merger.

FactSnippet No. 1,544,819

Albertsons attempted to IPO with the ticker ABS on October 14,2015, planning to raise as much as $1.

FactSnippet No. 1,544,820

Albertsons has reportedly postponed the IPO indefinitely, as of October 2015.

FactSnippet No. 1,544,821

Albertsons would buy back 33 of the stores being sold at auction.

FactSnippet No. 1,544,822

At least one Albertsons Express from the original generation of Albertson's fuel centers located in Hillsboro, OR remained open in the relaunch of Albertsons Express.

FactSnippet No. 1,544,823

On February 20,2018, Albertsons announced plans to acquire Rite Aid, subject to shareholder and regulatory approval.

FactSnippet No. 1,544,824

In 2019, Albertsons opened Albertsons Market Street in Meridian, Idaho, a flagship store located in a converted ShopKo store and based on the Market Street brand of United Supermarkets.

FactSnippet No. 1,544,825

In 2020, Albertsons announced the closing of a distribution center in Upper Marlboro, Maryland, laying off up 520 people.

FactSnippet No. 1,544,826

Albertsons said its duties will be shifted to an existing distribution center in Lancaster, Pennsylvania, which will add up to 300 workers.

FactSnippet No. 1,544,827

Albertsons introduced an upscale private label brand, "Essensia", in 2003, which was later renamed by SuperValu as Culinary Circle.

FactSnippet No. 1,544,828

Albertsons started selling Lucerne dairy products, Mom To Mom baby products, and Priority Pet Food as well.

FactSnippet No. 1,544,829