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April 19, 2015 8:18 AM ET

Food and Staples Retailing

Company Overview of Albertsons, LLC

Company Overview

Albertsons, LLC operates a chain of grocery stores in the United States. It 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 bakery and deli products, produce and floral products, butcher blocks, and other grocery products. The company also provides membership pharmacy savings programs. Albertsons was founded in 1939 and is based in Spokane, Washington.

157 South Howard Street

Spokane, WA 99201

United States

Founded in 1939

Phone:

208-395-6200

Fax:

208-395-6349

Key Executives for Albertsons, LLC

Chief Financial Officer
Age: 62
Chief Operating Officer
Age: 65
President of Southwest Division
President of Southern California Division
President of Dallas & ftWorth Division
Compensation as of Fiscal Year 2014.

Albertsons, LLC Key Developments

Albertsons Closes Unprofitable Store in Colorado Springs

Albertsons is closing its store on Colorado Springs' southwest side, but it's not related to the grocery's recent merger with Safeway. Accordig to the company, the store - open since 1980 at 455 E. Cheyenne Mountain Blvd. - has been unprofitable, and the lease on the space was set to expire. The store will close by March 23, 2015 and a liquidation sale is underway. The merger will not result in the closing of the other Albertsons or Safeways in the Pikes Peak region. Albertsons will place as many of the store's 78 employees as possible at other locations. Employees who aren't placed at other stores will receive severance packages if they're eligible under company policies. The store's closing isn't sitting well with some Albertsons shoppers.

Albertson's LLC to Close Store at 3450 U.S. 190

Albertson's LLC announced that it will close its store at 3450 U.S. 190 on or about Feb. 13, 2015, a move that will impact the store's 83 employees.

Marley Coffee Expands Distribution with Albertsons

Marley Coffee announced that Albertsons is carrying three Marley Coffee products in Texas, Louisiana and Arkansas stores. Albertsons began carrying seven Marley Coffee products in their Intermountain Division stores in February 2014.

Similar Private Companies By Industry

Company Name Region
Alfaros Micro Bakery, Inc. United States
Medical Management Systems, Inc. United States
Trader Joe's Company United States
Wilcox Pharmacy, Inc. United States
Springfield Foodservice, LLC United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 19, 2014
Albertsons, LLC, Certain Stores
Merger/Acquisition
December 19, 2014
Albertsons, LLC, Two Stores in Washington
Merger/Acquisition
December 19, 2014
Albertsons, LLC, 8 Albertsons Stores
 

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