Albertsons is a massive grocery store chain with a reach that extends far beyond its namesake stores.
In addition to the ubiquitous Albertsons supermarkets, the company owns a multitude of other brands.
Safeway, Acme Markets, Jewel-Osco, and Vons are just some of the well-known grocery stores that are under the Albertsons umbrella.
The company also owns drugstores like Rite Aid, as well as meal kit delivery service Plated.
With its diverse collection of brands, it’s clear that Albertsons is a force to be reckoned with in both the grocery and retail industries.
With this blog post as your roadmap, you will be well-positioned to navigate the ever-changing landscape of groceries and digital ecosystems around us.
Who Owns Albertsons?
Albertsons is now owned by Cerberus Capital Management, a private equity firm.
It was bought in 2015 for $9 billion dollars from Supervalu and AB Acquisition LLC.
The company is structured as a conglomerate and owns many of the brands listed below.
It is also a member of the Retail Council of Canada, an industry association representing major retailers in Canada.
What Companies Does Albertsons Own?
Albertsons owns a number of grocery chains including Acme Markets, Safeway, Jewel-Osco, Shaw’s and Star Market, United Supermarkets, Tom Thumb Food & Pharmacy, Randalls, and Carrs-Safeway.
It also owns other retail stores such as Vons and Pavilions in the western United States. Outside of the grocery sector, Albertsons also owns drugstore chains like Osco Drug and Sav-on Drugs.
Additionally, it has a stake in Shoppers Drug Mart, a Canadian pharmacy chain.
The list of companies Albertsons own is below.
1. Acme Markets
Acme Markets is an American grocery store chain owned by Albertsons.
Located primarily in the Mid-Atlantic and Northeastern states of the United States, Acme has long been a regional favorite amongst shoppers looking for fresh produce, quality meats, and value-priced selections.
The company operates over 130 stores across seven states: New Jersey, Pennsylvania, Delaware, Connecticut, Maryland, New York, and Washington D.C.
2. Safeway
Safeway is an American grocery store chain owned by Albertsons.
It is the second largest grocery store company in North America after Kroger and operates over 1,300 stores across the United States.
The company is focused on offering quality products at competitive prices and is known for its superior customer service.
3. Jewel-Osco
Jewel-Osco is an American supermarket chain owned by Albertsons.
Founded in 1899, it operates 185 stores across the Midwest.
Jewel-Osco is known for its selection of fresh produce, high-quality meats, and a wide variety of grocery items.
4. Shaw’s and Star Market
Shaw’s and Star Market are two American supermarket chains owned by Albertsons.
The company operates over 150 stores across seven states: Maine, Massachusetts, Rhode Island, Connecticut, New Hampshire, Vermont, and New York. Shaw’s and Star Market are known for their selection of fresh produce, high-quality meats, and a wide variety of grocery items.
5. Vons
Vons is an American supermarket chain owned by Albertsons.
Founded in 1906, Vons operates over 300 stores across California, Nevada, and Arizona.
The company is committed to providing customers with a superior shopping experience.
6. United Supermarkets
United Supermarkets is an American supermarket chain owned by Albertsons.
Founded in 1936, it currently operates over 80 stores across Texas and New Mexico.
United Supermarkets is known for its selection of fresh produce, high-quality meats, and a wide variety of grocery items.
7. Tom Thumb Food & Pharmacy
Tom Thumb Food & Pharmacy is an American supermarket chain owned by Albertsons.
Founded in 1960, Tom Thumb operates over 200 stores across Texas and southern Oklahoma.
8. Randalls
Randalls is an American supermarket chain owned by Albertsons.
Founded in 1966, Randalls currently operates over 70 stores across Texas and Louisiana.
The company is committed to providing customers with a superior shopping experience and offers a variety of services including online ordering, catering, and home delivery.
9. Pavilions
Pavilions is an American supermarket chain owned by Albertsons.
Founded in 1985, Pavilions currently operates over 120 stores across California and Nevada.
The company is committed to providing customers with a superior shopping experience and offers a variety of services including online ordering, catering, and home delivery.
10. Osco Drug
Osco Drug is an American drugstore chain owned by Albertsons.
Founded in 1891, Osco currently operates over 100 stores across the United States.
The company provides customers with a wide selection of pharmaceuticals and over-the-counter medications as well as health and beauty products.
11. Sav-on Drugs
Sav-on Drugs is an American drugstore chain owned by Albertsons.
Founded in 1927, Sav-on currently operates over 80 stores across the United States.
The company provides customers with a wide selection of pharmaceuticals and over-the-counter medications as well as health and beauty products.
12. Shoppers Drug Mart
Shoppers Drug Mart is an American drugstore chain owned by Albertsons.
Founded in 1962, Shoppers currently operates over 1,000 stores across Canada and the United States.
The company provides customers with a wide selection of pharmaceuticals and over-the-counter medications as well as health and beauty products.
When Was Albertsons Founded?
The company was actually established in Boise, Idaho in 1939 by Joe Albertson.
Since then, the company has continued to expand and now has over 2,200 stores in 33 states.
With its dedication to quality products and customer service, it’s no wonder that Albertsons has become such a recognized name in the grocery industry.
Despite its growth and success over the years, the company remains committed to its original values and continues to strive for excellence in everything it does.
Who is the CEO of Albertsons?
The CEO of Albertsons Companies, Inc. is Vivek Sankaran.
He has served as the company’s President and Chief Executive Officer since 2019.
Prior to joining Albertsons, he was the President of PepsiCo Foods North America and had worked at Frito-Lay for 17 years in a variety of roles.
He earned a Master of Business Administration degree from the University of Michigan in 1996.
What is Albertsons Net Worth?
Albertsons has a net worth of more than $12.6 billion as of August 2023.
Albertsons is a giant player in the retail grocery industry in the United States.
With hundreds of stores across more than 30 states, the company has become a household name that is synonymous with convenience and quality.
Its success is a testament to the talent and hard work of the company’s leadership team and employees, as well as its ongoing commitment to delivering exceptional products and services to customers.
With this kind of financial standing, it’s safe to say that Albertsons isn’t going anywhere anytime soon.
Where is the Headquarters of Albertsons?
Albertsons headquarters is located in Boise, Idaho.
The headquarters of Albertsons is nestled in the heart of the Gem State.
Known for its bustling downtown area and breathtaking views of the Rocky Mountains, Boise provides a great backdrop for the corporate office of such a successful and well-known company.
So the next time you shop at an Albertsons store, know that its headquarters is located in one of the most beautiful parts of the country.
What is the Annual Revenue of Albertsons?
Albertsons’ annual revenue for the last 12 months ending May 2023 was $77.7 billion.
Albertsons is a well-known grocery store chain that has grown significantly over the years.
This financial success can be attributed to a variety of factors, including their dedication to high-quality products and exceptional customer service.
For those interested in the financial health of the grocery industry, Albertsons is certainly a company to keep an eye on.
How Many Employees Does Albertsons Have?
As of 2023, they have roughly 300,000 employees.
From the workers stocking the shelves to the friendly cashiers, this company plays a huge role in providing jobs for many Americans.
It’s impressive to see how much they’ve grown since their humble beginnings in 1939, and it’s clear that they’re not slowing down anytime soon.
Final Thoughts
From humble beginnings in 1939 to becoming one of the biggest and most successful supermarket corporations in the United States, Albertsons has certainly made a lasting impact on the retail industry.
Owned by Cerberus Capital Management, Albertsons is now part of a grocery conglomerate that owns several popular retail chains such as Vons, Safeway, Shaw’s, Tom Thumb, Jewel-Osco, and Acme Markets.
With its headquarters based in Boise, Idaho, and 2093 stores located throughout the United States, the company serves over 34 million customers a week.
All in all, Albertsons is leading customer service by consistently providing quality products at an affordable cost for those who come to their store doors every day.