January 16, 2017 1:16 PM ET

Food and Staples Retailing

Company Overview of Albertsons, LLC

Company Overview

Albertsons, LLC operates as a food and drug retailer in the United States. Its stores offers prescriptions, immunizations, health kiosks, diabetes medications, health screenings, workers’ compensation prescriptions, wellness products, medicines for various health conditions, and pet medications; diet and fitness products, food preparation tips, food safety products, organic foods, gluten free products, and healthy eating products; and cakes and deli products. The company also provides membership pharmacy savings programs. Its operates approximately 2,200 stores in 33 states and the District of Columbia under 18 banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME Markets, T...

250 Parkcenter Boulevard

Boise, ID 83706

United States

Founded in 1939

282,000 Employees

Phone:

208-395-6200

Fax:

208-395-6575

Key Executives for Albertsons, LLC

Chairman and Chief Executive Officer
Age: 72
Chief Financial Officer and Executive Vice President
Age: 54
Chief Operating Officer
Age: 54
Chief Executive Officer of United Supermarkets and President of United Supermarkets
Age: 68
President of Southwest Division
Compensation as of Fiscal Year 2016.

Albertsons, LLC Key Developments

Albertsons Reportedly In Advanced Talks To Buy Price Chopper

Albertsons, LLC is in advanced talks to acquire Price Chopper Operating Co., Inc., people familiar with the matter said. The sources, who asked not to be identified because the matter is confidential, cautioned that it is still possible for the deal negotiations to fall through. Albertsons and Price Chopper declined to comment.

Albertsons And Kroger Are Key Prospects For Rite Aid/Walgreens Divestitures

In Walgreens Boots Alliance, Inc. (NasdaqGS:WBA)'s efforts to craft a remedy likely to satisfy the Federal Trade Commission as it reviews Walgreens’ acquisition of Rite Aid Corporation (NYSE:RAD), Albertsons, LLC and The Kroger Co. (NYSE:KR) lead the pack of potential divestiture.

Albertsons Companies Appoints Christine Wilcox to the Position of Vice President, Communications and Public Affairs

Albertsons Companies announced that it has appointed current vice president of corporate communications Christine Wilcox to the position of vice president, Communications and Public Affairs. Wilcox is filling a vacancy created when Brian Dowling retired from the company earlier 2016. Wilcox is an 18-year veteran of Albertsons, and for the last ten years has served in both internal communications and public relations roles for the company. As part of Wilcox's new role with Albertsons Companies, she will lead a newly integrated internal and external communications team and will drive the company's communications strategy around its growth, trajectory, innovative practices and community involvement all of which help enable it to run really great stores.

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Date
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Merger/Acquisition
July 13, 2016
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Merger/Acquisition
June 15, 2016
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Portfolio of 11 Retail Net Lease Properties
 

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