55-597: Albertson ( s ) may refer to: Albertson (name) , a given name or surname (including a list of people with the name) Albertsons , an American grocery company based in Boise, Idaho Albertson, New York , a hamlet and census-designated place in Nassau County, New York, US Albertson Brook , a waterway in New Jersey, US Albertson College of Idaho , former name of
110-632: A few new stores, New Albertsons had shrunk. Of the 1100+ stores SuperValu acquired in 2006, fewer than 900 remained by 2013. Under SuperValu, Bristol Farms had been sold off, 36 Utah stores were sold to Associated Food Stores (leaving just three traditional Albertsons stores in the state), the Wisconsin Jewel-Osco stores had been sold or closed, as well as the Shaw's stores in Connecticut. Additionally, like Albertsons LLC, most of
165-708: A grand scale. In a series of acquisitions in the late 1990s, Albertsons purchased Seessel's and 14 other stores from Bruno's , Buttrey Food & Drug (divesting seven Buttrey stores and six Albertsons stores to Smith's and another two Buttrey stores to SuperValu ), the Springfield, Missouri Smitty's chain, and three Super One Foods stores from Miner's Inc. in the Des Moines market, all while building new stores across all divisions. These acquisitions brought Albertsons into five new states: Georgia, Iowa, Missouri, North Dakota, and Tennessee. Albertsons launched
220-480: A lawsuit, saying consumers told him they feared it "would lead to stores closing, higher prices, fewer jobs, worse customer service, and less resilient supply chains.” Albertsons was founded in 1939 by Joe Albertson (1906–1993) on July 21 in Boise , Idaho . An ad in Boise's Idaho Statesman newspaper touted Albertson's first store as "Idaho's largest and finest food store." The store was filled with perks that, at
275-580: A new branch of their brand in 1997, Albertsons Express, which included a fuel center and a convenience store. The first of the Albertsons Express opened that year in Eagle, Idaho . This branch was constructed in front of the parking lot of Albertson's full-size grocery store at the city's Parkcenter Boulevard. This concept was not limited to Idaho; it expanded to locations across America located on Albertsons's existing/new stores properties. A few of
330-534: A nine-state region and the stores averaged about 20,000 square feet in size. In 1969, Albertsons partnered with Skaggs Drug Centers , owned by the Skaggs Companies, Inc. , to create the first combination food/drug stores, first in Texas. The partnership was a tremendous success for several years. The partnership ended due to the fact that it was getting more difficult to control. Neither partner could buy
385-524: A non-food distribution center in Ponca City, Oklahoma , was purchased from ASC. In 1994, Albertsons would acquire four stores from San Diego County chain Big Bear Markets . The Skaggs acquisition was a success, and the new stores were integrated into Albertsons's Southern division. The ease of that acquisition and Albertsons's high-flying stock price led Albertsons to attempt expansion on
440-595: A presence in New England , the Midwest, Montana and Arizona ; and Sav-on Drugs , with a presence in Southern California , Nevada, Western Arizona, and New Mexico . The acquisition briefly made Albertsons the largest American food and drug operator, with over 2,500 stores (including stand-alone drug stores) in 37 states, until Kroger 's acquisition of Fred Meyer closed the following month. To make
495-516: A public company in 1959, and its growth continued, opening its hundredth store in Seattle in 1963. in 1964, Albertsons expanded to southern California by acquiring All American Markets, a small chain based in Orange County . In 1967, Albertsons expanded into Colorado , acquiring eight stores from Furr's Supermarkets . By the end of the 1960s, Albertsons operated over 200 stores within
550-463: A range of $ 23 - $ 26 per share. However, the company postponed the listing due to market conditions, particularly after Wal-Mart warned of more challenged sales earlier that day. Albertsons has reportedly postponed the IPO indefinitely, as of October 2015. All during this time, Albertsons continued to expand, purchasing 70 stores owned by the bankrupt Great Atlantic & Pacific Tea Company (operating under
605-1523: Is an English language patronymic surname meaning "son of Albert " (Germanic origin, "noble-bright" ). There are other spellings, including the Scandinavian Albertsen . While Albertson is a common surname, it is uncommon as a given name . Notable people with the surname [ edit ] Bethany Albertson , American political psychologist Charles W. Albertson (born 1932), American politician and musician Chris Albertson (1931–2019), American jazz journalist, writer and record producer Clayton Jordan "C.J." Albertson (born 1993), American long-distance runner Coit Albertson (1880–1953), American actor Frank Albertson (1909–1964), American character actor Jack Albertson (1907–1981), American actor and brother of Mabel Joe Albertson (1906–1993), American grocer ( Albertsons chain) and philanthropist Johnny Albertson , American baseball player Kathryn Albertson (1908–2002), American philanthropist Lillian Albertson (1881–1962), US actress and theatre producer Mabel Albertson (1901–1982), US actress and sister of Jack Mary Albertson (1838-1914), American botanist and astronomer Nathaniel Albertson (1800–1863), American politician Nick Albertson (born 1983), American artist R. B. Albertson , American politician Tessa Albertson , American Actress William Albertson (1910–1972), American CPUSA leader Notable people with
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#1732776414892660-477: Is different from Wikidata All set index articles Albertsons Albertsons Companies, Inc. 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, the company is the second-largest supermarket chain in North America after Kroger . Albertsons ranked 53rd in
715-873: 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, Texas , and Wichita Falls, Texas , markets. The United Supermarkets family brands include Market Street, Amigos, and United Express. After the deal was finalized, the Albertsons Market brand was revived for Albertsons stores operated by United. The first to be branded as such opened in Alamogordo, New Mexico , in January 2015. On February 19, 2014, Safeway began to explore selling itself, and by February 21, 2014, it
770-480: The surname Albertson . If an internal link intending to refer to a specific person led you to this page, you may wish to change that link by adding the person's given name (s) to the link. Retrieved from " https://en.wikipedia.org/w/index.php?title=Albertson_(name)&oldid=1257737630 " Categories : Surnames Patronymic surnames Surnames from given names Hidden categories: Articles with short description Short description
825-502: The 1990s. In 1992, Albertsons bought the stores American Stores (formerly Skaggs Drugs Cos.) had in Texas, Oklahoma, Arkansas, and Florida. Many of the stores had been opened as Skaggs Albertsons originally (later turning into "Skaggs Alpha Beta" under American Stores ownership) but by 1991 had been rebranded as Jewel-Osco . These included a few stores that American Stores opened in the late 1980s under that name in Florida. Additionally,
880-426: The 2018 Fortune 500 list of the largest United States corporations by total revenue. Prior to its January 2015 merger with Safeway Inc. for $ 9.2 billion, it had 1,075 supermarkets located in 29 U.S. states under 12 different regional banners. Its predecessor company, Albertsons, Inc., was reorganized as Albertsons LLC and sold to AB Acquisition LLC, a Cerberus Capital Management –led consortium. After buying back
935-542: The 702. What was left of Albertsons Inc. became Albertsons, LLC, purchased by a Cerberus -led group of investors, and CVS Pharmacy . The acquisition was completed on June 2, 2006, with the Cerberus-led group (who also included Kimco Realty Corporation , Schottenstein Stores Corp. , Lubert-Adler Partners, and Klaff Realty). They held Albertsons LLC as "AB Acquisition LLC". Albertsons LLC included 661 stores and
990-580: The Albertsons locations had originally been branded as Lucky before Albertson's 1998 purchase of American Stores . Most of the changes in the next six years would downscale the remaining divisions. In the Dallas–Fort Worth division, in 2007, the distribution center was sold and outsourced to Associated Wholesale Grocers , and Albertsons would exit both Oklahoma and Austin. The Oklahoma stores were sold to Associated Wholesale Grocers members while
1045-689: The Albuquerque metro. In June 2007, Albertson's LLC decided to discontinue its Preferred Savings Card Program, choosing instead to offer discounted items to all of its customers. In September 2007, all Albertsons stores in the Dallas/Fort Worth, Texas, and Florida markets began collecting their Albertsons Preferred Savings Cards. Beginning in 2008, Albertsons began exiting the fuel business, selling 72 of over one hundred Albertsons Express gas stations to Valero Energy , which converted most of them to Corner Store locations. This wouldn't be
1100-638: The Austin stores were sold to H-E-B . With the closures, only four stores south of the Dallas–Fort Worth area existed in Texas, all of which were closed or sold by December 2011. Additionally, many of the Dallas–Fort Worth metroplex stores closed during this time, even into 2011. The Florida division, which was always discontiguous with Albertsons' main market, suffered a blow in June 2008 when Albertsons LLC entered into an agreement with Lakeland, Florida -based Publix stores to sell 49 Florida Albertsons locations to
1155-544: The College of Idaho in Caldwell, Idaho, US See also [ edit ] Albertson v. Subversive Activities Control Board , a 1965 US Supreme Court decision Albertsen , a surname (including a list of people with the name) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Albertson . If an internal link led you here, you may wish to change
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#17327764148921210-556: The Lucky brand name was retired. The brand was reintroduced in the early 2000s. In January 2001, Albertsons restructured its "districts" to a divisional structure mostly based around distribution centers, with a drug store division and 18 regional division offices. On July 18, 2001, Larry Johnston, the new chairman and CEO of Albertson's, announced it would close 165 "underperforming" stores spread across 25 states, cut jobs, and reduce its newly created operating divisions. The first change
1265-821: The Northwest division (Oregon except Ontario, Washington State, and the Idaho Panhandle), and the Intermountain division (Southern Idaho; Elko, Nevada; Utah; Jackson and Rock Springs, Wyoming; Montana; Ontario, Oregon; and North Dakota) as well as the ACME , Bristol Farms , Jewel-Osco, and Shaw's Supermarkets and Star Market brands. This acquisition would also lead to SuperValu gaining access to over 100 Albertsons Express fuel centers. CVS would acquire 702 stand-alone Osco and Sav-on Drug stores and converted them to CVS Pharmacy stores. They also closed about 100 of
1320-557: The Southwest division (Arizona, New Mexico and El Paso, Texas), the Florida division (Florida), and the Northern California division (northern California excluding Hanford and Tulare stores, and northern Nevada). Albertsons LLC then concentrated on rebuilding market share and its store base in its stronger areas and divesting stores and other property in its weaker areas. On June 6, 2006, only one week after Albertsons LLC
1375-528: The acquisition, Albertsons was forced by anti-trust concerns to divest 146 stores, primarily in California, Nevada, and New Mexico, to Certified Grocers: Raley's , Ralphs , Stater Bros. , and Vons . In California, Nevada, and New Mexico, there were already Albertsons stores, so in order to not have two banners in the same area, 508 Lucky stores were converted to the Albertsons banner in November 1999, and
1430-541: The business. New stores were opened in neighboring towns to the west: Nampa , Caldwell , and Emmett , before America's entry into World War II in late 1941. The company grew steadily in the years following World War II . When Albertson was considering putting a new store in a town, he would drive around the town and look for neighborhoods with children's clothing hanging on clotheslines, and station wagons in driveways; he knew that those kinds of neighborhoods were where he wanted to build his stores. Albertson's, Inc. became
1485-725: The chain. This included 15 stores in Northern and Northwest Florida, 30 locations in Central Florida, and four locations in South Florida. The sale was completed in September. In April 2012, the company closed most of its stores in Florida. The Plant City distribution center was sold to Gordon Food Service though the Florida Division continued to be located there. By April 2012, only four stores remained in
1540-476: The companies had satisfied the informational requirements of the Federal Trade Commission , and the deal is expected to close in early-2024. However, in January 2024, Washington state sued to block the proposed $ 25 billion merger between Kroger and Albertsons, warning that if approved it could raise prices and harm consumers. In February 2024, Colorado Attorney General Phil Weiser also filed
1595-629: The company and months of rumors, it was announced on January 23, 2006, Albertsons, Inc. was to be sold to a consortium of companies. SuperValu would take the bulk of the company including the brand names and what was considered to be the stronger divisions, including 3 Albertsons divisions: the Southern California division (Southern California; Southern Nevada; along with stores in Hanford and Tulare, in Northern California),
1650-741: The decade. 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. Albertsons built its first fully mechanized distribution center in Portland, Oregon , in 1988. In 1989, Albertsons opened its 500th store, in Temecula, California . Albertsons began to expand heavily in
1705-603: The distribution center and division office closed and the 26 remaining stores moved to the Southwest division. Only the Southwest division was spared the major cuts suffered by the other divisions. On June 12, 2007, Albertsons LLC agreed to acquire all Raley's locations in New Mexico. The acquisition includes one closed and eight operating stores in Albuquerque and one store in Taos , thus doubling Albertsons store base in
Albertson - Misplaced Pages Continue
1760-472: The distribution centers and offices from five of Albertsons divisions. These five divisions were thought to be Albertsons' five weakest divisions, and conventional wisdom in the industry was that the stores would eventually be closed or sold to other operators. As of June 2, 2006, the company's retail stores were divided as follows: Following the sale, Albertson's, Inc., was removed from the NYSE . Albertsons LLC
1815-509: The end though, as many Express stores still remained including Cheyenne, WY. It wouldn't be until 2011-2013 that most of the Albertsons Express locations were divested under the Supervalu company. Even then, some locations including Hillsboro still displayed Albertsons Express banners. While Albertsons LLC had restored its stores to profitability, SuperValu's New Albertsons Inc. had done poorly. While SuperValu did remodel many stores and open
1870-463: The entire state of Florida. The Rocky Mountain division slowly shed stores. By April 2007, there were only 32 stores left in the state of Colorado. In December 2007, SuperValu acquired the eight remaining Wyoming locations from Albertson's LLC not already owned by the company. These stores continued to operate under the Albertsons banner. 2008 also brought the sale of Albertsons' lone South Dakota and Nebraska stores to Nash Finch . In August 2009,
1925-434: The four-store Monte Mart chain in northern California. Albertsons bought Fazio's Shopping Bag in 1978 from Fisher Foods , adding 46 stores in Southern California. In 1981, Albertsons entered Nebraska and South Dakota. In 1982, Albertsons reorganized its management into four regions: California, Northwest, Intermountain, and South. Albertsons continued to add stores in the 1980s, building or acquiring about 283 stores during
1980-460: The fuel stations had been shuttered or sold to other operators. On January 10, 2013, it was announced that SuperValu was selling New Albertsons (Albertsons, ACME, Shaw's/Star Market, and Jewel-Osco, though they had previously sold off Bristol Farms in 2010) to Cerberus Capital Management . The deal was closed in March 2013. On February 23, 2013, AB Acquisition announced it would split operations of
2035-402: The given name [ edit ] Albertson Van Zo Post (1866–1938), American Olympic fencer and writer Fictional characters [ edit ] Jeff Albertson , better known as Comic Book Guy , a character from The Simpsons Tammy Jean Albertson , Glee character See also [ edit ] Alberts (name) [REDACTED] Surname list This page lists people with
2090-616: The link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Albertson&oldid=905752970 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Albertson (name) Albertson Origin Meaning son of Albert Other names Variant form(s) Albert , Alberts , Albertsen , Alverson Albertson
2145-767: The locations with Express Gas Stations include Gresham , Hillsboro , and Portland in Oregon ; Houston in Texas; and Casper and Cheyenne in Wyoming . In 1998, Albertsons made its biggest acquisition yet: American Stores Company , which included the chains ACME in Pennsylvania , New Jersey , Maryland , and Delaware ; Lucky in California and Nevada ; Jewel and Jewel-Osco in Illinois , Indiana , and Iowa , and two drug store chains: Osco Drug , with
2200-541: The loss of thousands of Likes and comments. That same month, Albertsons did away with the Preferred Savings Card in the former SuperValu stores that Albertsons LLC had dispensed with in 2007. The cards briefly continued in Southern California stores before being discontinued in July 2013. On September 9, 2013, the company acquired Lubbock -based supermarket United Supermarkets LLC . On February 4, 2014,
2255-417: The majority of its former stores it sold to SuperValu in 2006, AB Acquisition announced it would change its name to Albertsons Companies Inc. in 2015. The company's corporate name was Albertson's Inc. until 2002, when the apostrophe was removed. On October 14, 2022, Albertsons announced it would be acquired by rival Kroger for $ 25 billion. On November 30, 2023, Kroger CEO Rodney McMullen announced that
Albertson - Misplaced Pages Continue
2310-403: The merger, Albertsons announced the new company would have 14 divisions led by three regional offices. After several months of rumors, the combined operation announced it would go public as Albertsons Companies, Inc. (the new name of AB Acquisition LLC). Albertsons attempted to IPO with the ticker ABS on October 14, 2015, planning to raise as much as $ 1.7 billion, selling 65.3 million shares with
2365-603: The newly combined company into eight divisions: Northwestern, Intermountain, Southern California, Southern, Jewel-Osco, ACME, Shaw's, and Southwestern, and in March 2013, the deal was officially closed. On paper, Albertsons LLC controlled the Albertsons-branded stores and New Albertsons Inc. controlled ACME, Shaw's/Star Market, and Jewel-Osco, but it was operated as one company. On June 11, 2013, Albertsons announced its plans to merge its duplicate websites, social media accounts and mobile apps onto one of each kind, ending
2420-693: The other out, and the partnership was dissolved amicably in 1977. Skaggs kept stores in Texas , Oklahoma , and Arkansas , and Albertsons kept stores in Florida , Alabama , and Louisiana , as well as some Texas stores (based in San Antonio). Albertsons continued to expand its base in the West during this time. In 1973, Albertsons opened its first distribution center in Brea, California . In 1974, Albertsons bought
2475-572: The sale was completed in January 2002). In 2001, the short-lived Des Moines stores would close as well and Albertsons began to issue Albertsons Preferred Savings Cards for all of its stores. The following year, three more divisions were closed entirely: Additionally, the distribution center in Tulsa, Oklahoma , (home of the Great Plains division) was sold to Fleming Companies , though no stores were closed. The Great Plains division stretched all
2530-673: The same time, Albertsons exited the markets of Omaha, where it closed or sold 21 stores, and New Orleans, Louisiana , where it closed seven, selling four to A&P , which converted them to Sav-A-Center. Despite this, the acquisition spree had caused significant problems for Albertsons, Inc. Many of the acquired chains had systems that did not mesh well with Albertsons. Financing those acquisitions required Albertsons Inc. to take on significant debt. Added to those problems were significant changes in consumer buying patterns, including new competition from large discounters such as Walmart and Costco that impacted sales. After several assessments of
2585-446: The time, were brand new: free parking, a money-back guarantee, and even an ice cream shop. The original store was built onto several times, but it was demolished in 1979, and a replacement store was built on the same property. A brick monument stands on the northwest corner of 16th and State Streets in downtown Boise, commemorating the original store. The grocery store was an enormous success, and Albertson reinvested his profits back into
2640-586: The use of the Albertsons Market branding (though this was never used on store exteriors) and AlbertsonsMarket.com. While its website consolidation appeared to take place as expected, its applications received bad reviews —but the biggest consequence was the mistaken deletion of their previous Facebook page and loss of over 200,000 fans. While no details were given as to the mistake made, Albertsons simply admitted that while attempting to join their Albertsons page with over 200,000 Likes and their Albertsons Market page with over 80,000 Likes, something went wrong resulting in
2695-399: The way into Omaha, Nebraska . The sale of the distribution center included a distribution deal for Fleming to continue to supply Oklahoma and Omaha. After stabilizing the company's finances and consolidating divisions in 2004, Albertsons acquired Shaw's Supermarkets and Star Market from Sainsbury's for $ 2.5 billion. Albertsons also purchased Bristol Farms for $ 135 million. During
2750-512: Was announced that the Northern California division, consisting of stores located in northern California and northern Nevada, would be sold to Save Mart , with the deal closing in late February 2007. The company 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. The deal included two Northern California distribution centers. Most of
2805-515: Was buying 146 Safeway, Albertsons and Vons stores, as required by the antitrust review of the merger. On January 30, 2015, Albertsons officially acquired Safeway Inc. after being cleared by the FTC, thus giving it control of the Safeway store banners, including Randalls , Tom Thumb , Carrs Safeway , Vons , and Pavilions , plus Safeway's 49% share of Casa Ley , a Mexican grocery chain. Following
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#17327764148922860-423: Was created, the company announced its intent to close 100 Albertsons stores by August 2006, including all but two Super Saver stores. Those closures were spread across all five divisions. Soon after, the company announced that it would be shutting down its online delivery service on July 21, 2006. To distinguish the two companies, Albertsons LLC created a second website, AlbertsonsMarket.com . In November 2006, it
2915-494: Was in advanced negotiations with Cerberus Capital Management . On March 6, 2014, Cerberus (parent company of Albertsons) announced it would purchase Safeway for $ 9.4 billion in a deal expected to close in the 4th quarter of the year. On July 25, 2014, Safeway stockholders approved the merger with Albertsons. In December 2014, Albertsons announced that the Haggen Company , a Bellingham, Washington, based grocery chain,
2970-571: Was technically the successor company to Albertsons according to SEC filings but it was New Albertsons Inc. that assumed most of the debt, got most of the property, and transitioned Albertsons stock into SuperValu stock. The five Albertsons Inc. divisions that remained as Albertsons LLC were the Dallas/Fort Worth division (Texas excluding El Paso, Oklahoma, Louisiana, and Arkansas), the Rocky Mountain division (Colorado, Wyoming excluding Rock Springs and Jackson stores, Nebraska, and South Dakota),
3025-557: Was that the Utah, Idaho, and Big Sky (Montana) division were merged back into Intermountain, while Oregon, Washington, and the Inland Empire (eastern Washington and Northern Idaho) division would be consolidated back into a single Northwestern division. Albertsons sold its freestanding Osco Drug stores in the northeastern states to Jean Coutu Group , a Canadian drug store company (those stores were re-branded as Brooks Pharmacy after
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