Albertsons Companies, Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Susan D. Morris
- Full Time Employees
- 280,000
- Sector
- Retail trade
- Industry
- Food retail
- Address
- 250 Parkcenter Boulevard Boise ID United States 83706
- IPO Date
- Jun 26, 2020
- CIK
- 0001646972
- Website
- albertsonscompanies.com
- Similar Companies
- Business
- Albertsons Companies, Inc. operates as one of the largest food and drug retailers in the United States, providing a comprehensive range of grocery products, pharmacy services, health and beauty care products, general merchandise, fuel, and private-label brands. The company operates over 2,200 stores across 35 states and the District of Columbia under more than 20 well-known banners including Albertsons, Safeway, ACME, Jewel-Osco, Shaw’s, Star Market, Vons, Pavilions, Tom Thumb, and Randalls. Its extensive product offerings include fresh produce, meat, seafood, bakery items, dairy products, pantry staples, and specialty organic foods through its O Organics brand. Albertsons supports its retail operations with 22 distribution centers and 19 manufacturing plants. The company was founded in 1939 and is headquartered in Boise, Idaho. Recent major developments include Albertsons' expansion of its business-to-business eCommerce platform to over 2,000 stores, enabling seamless ordering of snacks, beverages, catering supplies, paper products, and cleaning supplies with flexible delivery options tailored for a variety of business sectors. Additionally, in 2025, Albertsons launched an AI-driven shopping assistant designed to significantly reduce grocery shopping time by personalizing and streamlining the customer shopping experience. The company has also initiated a $750 million accelerated share repurchase program, showcasing confidence in its financial and strategic position. Albertsons continues to pursue digital transformation and innovation while focusing on sustainable and community-centered growth, including substantial contributions to food security and disaster relief through its Nourishing Neighbors program. Albertsons Companies, Inc. combines scale and local presence with a broad portfolio spanning food and drug retail segments, targeting diverse customer bases across urban and suburban markets in the United States. The company maintains a commitment to innovation and service excellence driven by its large workforce of approximately 285,000 associates, focusing on enhancing customer convenience through omnichannel retail strategies. Its private label brands include Albertsons, O Organics, and Culinary Circle, among others, catering to various quality and price points within its grocery assortment. This comprehensive business model and recent strategic initiatives underscore Albertsons Companies, Inc.’s positioning as a leading, technologically forward supermarket and drug store operator within the highly competitive U.S. retail sector.
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