Food and Staples Retailing
Company Overview of New Albertson's, Inc.
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 Boise, Idaho. It has stores in Arkansas, Arizona, California, Colorado,...
250 Parkcenter Boulevard
PO Box 20
Boise, ID 83726
Founded in 1939
Key Executives for New Albertson's, Inc.
President and Chief Operating Officer
Senior Vice President and President of Retail West
Executive Vice President and President of Retail East
Chief Information Officer and Senior Vice President
Compensation as of Fiscal Year 2017.
New Albertson's, Inc. Key Developments
New Albertson's, Inc. and Safeway Inc. Announce Tender Offers for Up to $500 Million of Senior Notes
Jun 5 17
bertsons Companies, LLC announced that its wholly-owned subsidiaries New Albertson's, Inc. and Safeway Inc. commenced separate tender offers to purchase for cash, subject to certain terms and conditions, up to a total of $500,000,000 aggregate principal amount of the debt securities listed in the table below. NAI is conducting the Tender Offers solely with respect to the Securities issued by NAI and Safeway is conducting the Tender Offers solely with respect to the Securities issued by Safeway. The Tender Offers are scheduled to expire at 11:59 p.m., New York City time, on July 5, 2017, unless extended or earlier terminated by the Offerors. The Tender Offers are being made pursuant to an Offer to Purchase dated June 5, 2017 and a related Letter of Transmittal dated June 5, 2017, which set a more detailed description of the Tender Offers. Holders of the Securities are urged to carefully read the Tender Offer Materials before making any decision with respect to the Tender Offers. The total consideration payable for each $1,000 principal amount of Securities validly tendered at or prior to 5:00 p.m., New York City Time, on June 16, 2017 and accepted for purchase pursuant to the Tender Offers will be the applicable Total Consideration for such series of Securities set in the table above under the heading "Total Consideration." The Total Consideration includes the early tender premium for such series of Securities also set in the table above. Holders must validly tender and not subsequently validly withdraw their Securities at or prior to the Early Tender Date in order to be eligible to receive the Total Consideration for such Securities purchased in the Tender Offers.
Albertsons Companies, LLC, Safeway Inc., New Albertson's, Inc. and Albertson's LLC Announce Senior Notes Offering
Aug 4 16
Albertsons Companies, LLC announced its intention to offer $750.0 million in aggregate principal amount of senior notes due 2025. The company and its subsidiaries, Safeway Inc., New Albertson's, Inc. and Albertson's LLC, will be co-issuers of the Notes. The company intends to use the net proceeds from the offering to repay approximately $240.0 million of borrowings outstanding under its senior secured asset-based loan facility, to repay $500.0 million of amounts outstanding under its existing term loan facility and to pay fees and expenses related to the issuance of the Notes. The Company intends to use any remaining proceeds for general corporate purposes, which may include capital expenditures, working capital and potential acquisitions and strategic transactions. The Notes will be offered in the United States to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States pursuant to Regulation S under the Securities Act. The Notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
Albertsons Announces to Close Store in Plano Next Month
Mar 18 16
Albertsons announced that it is closing its store at 1301 Custer Road in Plano. Employees are telling customers the last day is April 23, 2016. The store is west of North Central Expressway at Custer and 15th Street.
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