Albertsons LLC

Albertsons is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale.

Business Model:

Revenue: $0

Employees: 10,001-1

Detailed Albertsons LLC Information

Geographic Data

Albertsons LLC headquarters map

Address:

City: Boise

State: Idaho

Zip:

Country: United States

Financial Info

Stage:

Raised Last:

$0

Raised Total:

$0

Metrics

13,585Website Global Rank

11,478,039Website Monthly Traffic

Twitter Followers

Description

Albertsons&s;s mission is to create a shopping experience that pleases their customers; a workplace that creates opportunities and a great working environment for their associates; and a business that achieves financial success. Albertsons Companies is an American grocery company founded and based in Boise, Idaho. It is owned and operated by Cerberus Capital Management. With 2,200 stores and more than 250,000 employees, the company is the second largest supermarket chain in North America after Kroger, which has 2,424 stores. 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 banners. Its predecessor company, Albertsons, Inc., was sold to Albertsons LLC (a Cerberus Capital Management-led consortium), CVS Pharmacy, and SuperValu Inc. in 2006. CVS acquired the freestanding drugstores while the Cerberus-led consortium (Albertsons LLC) and Supervalu (New Albertsons, Inc.) divided the supermarket divisions among themselves. After selling the majority of its stores to various buyers, in January 2013, Albertsons LLC, acquired SuperValu&s;s remaining Albertsons stores, as well as its ACME, Jewel-Osco, Lucky, Shaw&s;s and Star Market brands, in exchange for $100 million in cash and $3.2 billion in SuperValu debt. The sale was completed by March 2013. The company&s;s corporate name was Albertson&s;s until 2002 when the apostrophe was removed.

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Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
Announced Date Name Price
2/2018 Rite Aid
9/2017 Plated
5/2017 MedCart Specialty
9/2013 United Supermarkets
10/2006 GroceryWorks
9/2004 Bristol Farms
11/1997 Randall&s;s Food Markets

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