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October 10, 2015 1:06 PM ET

Food and Staples Retailing

Company Overview of New Albertson's, Inc.

Company Overview

New Albertson's, Inc. operates a network of grocery and drug stores in the Northwest and West Coast. It offers various products, including deli, bakery, total photo, fresh produce, gift cards and floral, meat and seafood, and natural and organic products. The company also provides prescription products, as well as in-store health screenings, personalized medical reviews, health education, and adult immunization services. It also provides online shopping services. The company was formerly known as Albertson’s, Inc. and changed its name to New Albertson's, Inc. in June, 2006. The company was founded in 1939 and is based in Spokane, Washington with stores in Arkansas, Arizona, California, Color...

157 South Howard Street

Spokane, WA 99201

United States

Founded in 1939



Key Executives for New Albertson's, Inc.

President and Chief Operating Officer
Age: 61
Senior Vice President and President of Retail West
Age: 54
Executive Vice President and President of Retail East
Age: 63
Chief Information Officer and Senior Vice President
Age: 61
Senior Vice President of Finance
Age: 53
Compensation as of Fiscal Year 2015.

New Albertson's, Inc. Key Developments

Teamsters Union Reaches Tentative Agreement with Ralphs, Vons, Albertsons

The Teamsters Union announced that it has reached a tentative agreement with Ralphs, Vons and Albertsons that, if passed, will cover more than 8,000 members across Southern California and avoid a strike. The drivers, warehouse, dairy and manufacturing workers at the three companies will vote on the tentative agreement Oct. 16-18. The union and company reached the tentative agreement following three months of negotiations, avoiding a possible strike, according to the union. Union members overwhelmingly authorized a strike two weeks ago after the contract expired Sept. 19.

Haggen Sues Albertsons for $1 Billion in Damages

Haggen has filed a lawsuit against Albertsons seeking more than $1 billion in damages over a deal that has become quite acrimonious. The complaint alleges that Albertsons engaged in "coordinated and systematic efforts to eliminate competition and Haggen as a viable competitor in over 130 local grocery markets in five states. In the 55-page complaint, Haggen lists a variety of grievances against Albertsons that have taken place since the Bellingham grocer agreed to acquire 146 stores in five states in December. Those complaints include: Using Haggen's confidential conversion scheduling information to create aggressive marketing campaigns intending to hurt Haggen grand openings; Proving Haggen with false retail pricing data, forcing Haggen to unknowingly inflate prices; Deliberately under-stocking certain inventory at Haggen-acquired stores and overstocking perishable inventory that Haggen had to throw away.

mix1 Life, Inc. Announces New Grocery Store Distribution with Albertsons

mix1 Life, Inc. announced new grocery store distribution in Arizona, New Mexico, Nevada, Colorado, and California with Albertson's Grocery. Mix1 has shipped product to support Albertson's Southwest Region of approximately 100 grocery stores. Consumers will be able to purchase mix1's ‘No Fear’ energy drink starting in August 2015.

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