Key Stats
- Founded: July 21, 1939, in Boise, Idaho
- Fiscal 2025 Revenue: $80.39 billion
- Employees: 285,000 (as of February 2025)
- Market Cap: Approximately $9.3 billion (February 2026)
- Store Count: 2,270 stores across 34 states and Washington, D.C.
Albertsons Companies ranks as the second-largest supermarket chain in North America. Headquartered in Boise, Idaho, the company operates more than 2,200 stores under 20 banners including Safeway, Vons, Jewel-Osco, and Shaw’s.
The company runs 1,728 in-store pharmacies, 405 fuel centers, 22 distribution centers, and 19 manufacturing facilities. Albertsons generates around 80% of its sales from non-perishable and fresh food, with 26% coming from private label brands like Signature SELECT and Open Nature.
Albertsons Companies History
Albertsons Companies Founder
Albertsons Companies Competitors
Albertsons Companies competes in a fragmented grocery market dominated by Walmart, which holds approximately 21% of U.S. grocery market share. The company faces pressure from warehouse clubs, discount retailers, and online grocery services.
| Company | Type | Headquarters |
|---|---|---|
| Walmart | Supercenter/Discount | Bentonville, Arkansas |
| Kroger | Supermarket Chain | Cincinnati, Ohio |
| Costco Wholesale | Warehouse Club | Issaquah, Washington |
| Amazon/Whole Foods | E-commerce/Organic | Seattle, Washington |
| Publix Super Markets | Regional Supermarket | Lakeland, Florida |
| Ahold Delhaize USA | Supermarket Chain | Quincy, Massachusetts |
| H-E-B | Regional Supermarket | San Antonio, Texas |
| Aldi | Discount Grocer | Batavia, Illinois |
| Target | Discount/General | Minneapolis, Minnesota |
| Meijer | Supercenter | Grand Rapids, Michigan |
Albertsons Companies Revenue
Albertsons Companies generated $80.39 billion in fiscal year 2025, a 1.46% increase from the prior year. Revenue growth accelerated during the pandemic, with sales jumping 11.58% in 2020 as consumers stocked up on groceries.
Albertsons Companies Market Cap
Albertsons Companies has a market capitalization of approximately $9.3 billion as of February 2026. The company trades on the NYSE under the ticker ACI following its June 2020 IPO.
Albertsons Companies Acquisitions
Albertsons Companies grew through a series of acquisitions that expanded its geographic footprint and product offerings. The company’s largest deal came in 2015 when it merged with Safeway Inc. for $9.2 billion. This transaction combined two grocery chains and created a network spanning 34 states.
The Safeway merger brought popular West Coast banners including Vons, Pavilions, Randalls, and Tom Thumb under the Albertsons umbrella. The Federal Trade Commission required the divestiture of 168 stores to approve the deal, which Haggen and other regional operators purchased.
In 2013, Albertsons LLC acquired United Supermarkets for $385 million. The Lubbock, Texas-based chain operated 50 stores under the United Supermarket, Market Street, and Amigos banners. That same year, Cerberus-led Albertsons paid $3.3 billion to reacquire stores from SUPERVALU, reuniting the Albertsons brand after the 2006 breakup.
The American Stores merger in 1999 added ACME Markets, Jewel-Osco, and Lucky stores to the portfolio. This deal briefly made Albertsons the largest food and drug retailer in the country until Kroger completed its Fred Meyer acquisition.
More recent acquisitions focused on specialty services. Albertsons purchased meal kit company Plated for $200 million in 2017 and acquired MedCart Specialty Pharmacy the same year. The company also invested in El Rancho Supermercado, a Texas-based Latino grocery chain, in November 2017. In December 2024, Kroger and Albertsons terminated their proposed $24.6 billion merger after federal and state judges blocked the deal.
FAQs
Who founded Albertsons Companies?
Joe Albertson founded Albertsons on July 21, 1939, in Boise, Idaho. He invested $12,500 to open his first store after working as a Safeway district manager.
How many stores does Albertsons Companies operate?
Albertsons Companies operates 2,270 retail stores across 34 states and Washington, D.C. under more than 20 banners including Safeway, Vons, and Jewel-Osco.
What happened to the Kroger-Albertsons merger?
Kroger and Albertsons terminated their $24.6 billion merger in December 2024 after federal and Washington state judges blocked the deal over competition concerns.
Is Albertsons Companies publicly traded?
Yes, Albertsons Companies trades on the New York Stock Exchange under the ticker symbol ACI. The company went public in June 2020.
What brands does Albertsons Companies own?
Albertsons Companies owns Safeway, Vons, Jewel-Osco, Shaw’s, ACME, Tom Thumb, Randalls, Pavilions, Star Market, Carrs, and United Supermarkets among others.