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As part of SuperValu's acquisition of New Albertsons, including its Chicago-based Jewel-Osco stores, SuperValu divested its Chicago-area Cub Foods locations to an investment group headed by Cerberus Capital Management, to avoid market concentration issues.
Consumers from 80% of all households in the Chicago metropolitan area visit a Jewel-Osco store at least once a month. [83] On January 10, 2013, SuperValu announced the sale of Jewel food stores to Cerberus Capital Management in a $3.3 billion deal. [84] [85] The deal closed on March 21, 2013. [86]
SuperValu retained a 46% interest in the new company, which Shopko later purchased in 1997. SuperValu founded the clothing store County Seat in 1973 and sold it to Carson Pirie Scott in 1983. In 1975, SuperValu acquired Hornbacher's. [7] In 1980, the company acquired Minnesota-based Cub Foods, which operated five stores in the Twin Cities area.
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.
The Oxnard store closed 16 months later in October 2010. [67] In 2013, the Van Nuys store closed down and was bought by the unrelated Super King chain of Southern California. [citation needed] In 2013, Cerberus Capital Management acquired the Albertsons stores from SuperValu, including the Lucky stores under Albertsons control. [citation needed]
Acme was the regional sales leader in the Philadelphia area for decades, and only lost its lead to ShopRite in 2011. Acme offers online grocery shopping [9] for orders that can be picked up at the store or, in most areas, delivered to a home or business. In 2004, Acme introduced self-checkout stands, where shoppers could scan and bag their own ...
Associated Wholesale Grocers, Inc. (AWG) is a retailer-owned wholesale grocery cooperative that supplies independently owned supermarkets and grocery stores. [1] It serves more than 4,000 locations in 36 states in the Midwest, the Southeast, and the Southwest, and from 8 full-line wholesale divisions.
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