Albertsons LLC · Boise, ID United States
Company Description
More Companies in: Boise, Idaho
More Companies in These Related Industries: Discount & Club Stores, Grocery Stores & Supermarkets, Pharmacies
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This link will open in a new window Call it the incredible shrinking grocery chain. Albertsons LLC (formerly Albertson's) runs some 245 Albertsons supermarkets in Arizona, Arkansas, Colorado, Florida, Louisiana, New Mexico, and Texas. That's all that remains of what was once the nation's #2 supermarket operator with about 2,500 stores. Stung by competition, the firm sold itself in 2006 to a consortium that included rival grocer SUPERVALU , drugstore chain CVS , investment firm Cerberus Capital Management , and Kimco Realty for about $9.7 billion. SUPERVALU and CVS cherry-picked the company's best supermarket and drugstore assets. Subsequent divestments, including 132 stores in Northern California and 50 stores in Florida, further shrunk the company. To read the full description, subscribe now.
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Key Albertsons LLC Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | February |
| Employees | 36,815 |
Albertsons LLC Executives
22 executives listed for Albertsons LLC's Boise, ID location.
| Title | Name & Bio | Contact |
| CEO | Robert Miller | |
| CFO | Richard Navarro | |
| CIO | Mark Bates |
Competition
Competitive Landscape for Albertsons LLC
Demand is driven by the aging of the US population and advances in medical treatment. The profitability of individual companies depends on access to medical insurance groups. Large companies have economies of scale in purchasing and in access to large groups of customers. Small companies can compete effectively through convenient location or special merchandising. To read the full description, subscribe now.Top Albertsons LLC Competitors
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