New Albertsons ranked 53rd in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
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New Albertsons ranked 53rd in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
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New Albertsons was founded in 1939 by Joe Albertson on July 21 in Boise, Idaho.
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New Albertsons stores were opened in neighboring towns to the west: Nampa, Caldwell, and Emmett, before America's entry into World War II in late 1941.
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In 1967, New Albertsons expanded into Colorado, acquiring eight stores from Furr's Supermarkets.
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New Albertsons continued to expand its base in the West during this time.
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In 1973, New Albertsons opened its first distribution center in Brea, California.
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In 1974, New Albertsons bought the four-store Monte Mart chain in northern California.
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New Albertsons bought Fazio's Shopping Bag in 1978 from Fisher Foods, adding 46 stores in Southern California.
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In 1982, New Albertsons reorganized its management into four regions: California, Northwest, Intermountain, and South.
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New Albertsons continued to add stores in the 1980s, building or acquiring about 283 stores during the decade.
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New 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.
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New Albertsons built its first fully mechanized distribution center in Portland, Oregon, in 1988.
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In 1994, New Albertsons would acquire four stores from San Diego County chain Big Bear Markets.
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In January 2001, New Albertsons restructured its "districts" to a divisional structure mostly based around distribution centers, with a drug store division and 18 regional division offices.
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New Albertsons sold its freestanding Osco Drug stores in the northeastern states to Jean Coutu Group, a Canadian drug store company.
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In 2001, the short-lived Des Moines stores would close as well and New Albertsons began to issue New Albertsons Preferred Savings Cards for all of its stores.
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New Albertsons LLC included 661 stores and the distribution centers and offices from five of New Albertsons divisions.
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On June 6,2006, only one week after New Albertsons LLC was created, the company announced its intent to close 100 New Albertsons stores by August 2006, including all but two Super Saver stores.
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New 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.
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In December 2014, New Albertsons announced that the Haggen Company, a Bellingham, Washington, based grocery chain, was buying 146 Safeway, New Albertsons and Vons stores, as required by the antitrust review of the merger.
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New Albertsons attempted to IPO with the ticker ABS on October 14,2015, planning to raise as much as $1.
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New Albertsons has reportedly postponed the IPO indefinitely, as of October 2015.
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New Albertsons would buy back 33 of the stores being sold at auction.
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At least one New Albertsons Express from the original generation of Albertson's fuel centers located in Hillsboro, OR remained open in the relaunch of New Albertsons Express.
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On February 20,2018, New Albertsons announced plans to acquire Rite Aid, subject to shareholder and regulatory approval.
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In 2019, New Albertsons opened New 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.
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In 2020, New Albertsons announced the closing of a distribution center in Upper Marlboro, Maryland, laying off up 520 people.
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New Albertsons said its duties will be shifted to an existing distribution center in Lancaster, Pennsylvania, which will add up to 300 workers.
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New Albertsons introduced an upscale private label brand, "Essensia", in 2003, which was later renamed by SuperValu as Culinary Circle.
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