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Southwest Division: South Region, merged Southwest Safeway and Albertsons divisions (based in Phoenix). Includes all stores in Arizona, southern Nevada, and Utah, most of New Mexico (except for Farmington which is part of the Denver Division and southeastern New Mexico which is part of the United Division), and El Paso, Texas.
The acquisition deal cost Albertsons $385 million and required Albertsons to sell its single stores in the Amarillo and Wichita Falls, Texas, markets. [7] As part of the acquisition, several Albertsons locations in Eastern New Mexico, which were re-branded as "Albertsons Market", were added to the new United division of Albertsons-Safeway.
Mi Tienda – Hispanic supermarket division of HEB Stores (two stores in Houston, Texas) La Michoacana Meat Market (Texas) Nam Dae Mun Farmers Market (Georgia) Numero Uno Market – Hispanic chain (Los Angeles area) - Now merged with Superior; La Perla Tapatía Supermarkets – (California) La Placita – Hispanic chain in New Orleans area
Several prominent mergers and acquisitions have been blocked or challenged by the Biden-Harris administration in 2024, including the proposed deal between Albertsons and Kroger.
Albertsons said it would repurchase $2 billion of its shares and increase the dividend it pays to owners of its stock by 25%. Stock repurchases — which reduce the number of shares available ...
According to Albertsons, even after making the special dividend payment, the company would have about $3 billion of liquidity, $500 million in cash and $2.5 billion available under its asset-based ...
Following this, the 44 Randalls stores were re-aligned with the southern Louisiana and Florida Albertsons stores as the new "Houston" division of the company. The Tom Thumb stores were re-aligned with the North Texas Albertsons stores in the Southern division, effectively ending the connection between the two grocery chains.
During 1999, the drugstore operations division and general merchandise procurement functions were moved from Salt Lake City, Utah, to Scottsdale, Arizona, operating as Albertsons Drug Region. In 2002, Albertsons sold its 84 free-standing Osco Drug stores in Massachusetts , New Hampshire and Maine to the Jean Coutu Group , a Canadian drugstore ...
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