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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.
However, an Albertsons and Factory 2-U already had opened a few years prior. The structure was designed by Santa Fe architect William Lumpkins. [4] In 1975, luxury men's department store Goodman's relocated from the Santa Fe Plaza. [5] In 1977, the center added a Montgomery Ward and JCPenney as anchors and a United Artist two-screen theater.
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]
The first, when Albertsons bought Safeway in 2015, ended in bankruptcy, layoffs and store closures. ... Kroger and Albertsons said they plan to divest between 100 and 375 stores, ...
Albertsons bought 33 former Haggen stores for $14.3 million at a bankruptcy auction in November, many for the nominal price of $1 since they came with liabilities as part of their sale. [7] The failure of the spin-off of stores to Haggen has been seen as a particular concern for the proposed Albertsons–Kroger merger. [8]
Over the past decade, ProPublica reports, the number of people filing for bankruptcy has been on the rise in the U.S., with "the number of consumer bankruptcies filed each year has ranged from ...
In 2006, the company purchased the remaining fifteen stores from Falley's. In June 2007, Homeland purchased seven stores from the Albertsons grocery chain. [5] In January 2008, Homeland purchased the 26-store United Supermarkets of Oklahoma chain. [6] On November 14, 2008, Homeland purchased five Williams Discount Food stores, formerly Albertsons.
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