Albertsons LLC is an American grocery company founded and based in Boise, Idaho.
In 1999, Albertsons made its biggest acquisition: 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, Iowa, and Michigan, and two pharmacy chains: Osco Drug and Sav-on Drugs. In 2001, Albertsons sold its freestanding Osco Drug stores in the northeastern states to Jean Coutu Group, a Canadian drug store company. Albertsons exited the San Antonio, Texas, market in April 2002 by closing its 20 remaining area stores after already shuttering three other stores in December 2001.
Also in 2002, Albertsons sold its Seessel's supermarket chain in Memphis and parts of Mississippi to Schnucks, Brookshire's, and pulled out of Houston, closing its 43 area stores leaving them to Kroger and Randalls after entering that market in 1990. On June 6, 2006, only one week after Albertson's LLC was created, the company announced its intent to close 100 Albertsons stores by August 2006. On January 10, 2013, it was announced that Supervalu was selling New Albertsons to Cerberus Capital Management, which own the rest of the Albertsons stores.
Learn more about Albertsons,
Albertsons
(chain store's website)
