Company
Albertsons Companies, Inc.
Headquarters: Boise, ID, United States
Founded: July 21, 1939
Employees: 300,000
CEO: Mr. Vivek Sankaran
Market Cap
$11.43 Billion
USD as of July 1, 2024
Albertsons Companies, Inc. Categories
United States Consumer Staples Grocery StoresUnited States Consumer Staples United States Grocery Stores
Company Description
Albertsons Companies, Inc. is a retail company operating a number of supermarkets and grocery stores. Founded in 1939, it now manages more than 2,200 stores through a number of brands including Safeway, Albertsons, Acme Markets, Jewel-Osco, Shaw's, Vons, and many more. Besides, Albertsons also owns a number of private-label brands for products in fresh and frozen food, soft drinks, decoration, hygiene, pet food, value-priced items, and more.
Top Competitors by Market Capitalization
Industry: Grocery Stores
| Company | Market Cap (USD) |
|---|---|
| Alimentation Couche-Tard Inc. | $54.27 B |
| The Kroger Co. | $36.63 B |
| Loblaw Companies Limited | $36.19 B |
| Seven & i Holdings Co. Ltd | $32.05 B |
| Koninklijke Ahold Delhaize N.V. | $28.31 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Walmart | $542.78 B |
| Costco | $392.65 B |
| Procter & Gamble | $386.66 B |
| Coca-Cola | $272.82 B |
| Kweichow Moutai | $251.13 B |
Detailed Description
Albertsons Companies, Inc., through its subsidiaries, engages in the operation of food and drug stores in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. As of February 27, 2021, it operated 2,277 stores under various banners, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and Balducci's Food Lovers Market; and 1,727 pharmacies, 1,313 in-store branded coffee shops, 400 adjacent fuel centers, 22 distribution centers, and 20 manufacturing facilities, as well as various digital platforms. The company was founded in 1860 and is headquartered in Boise, Idaho. Albertsons Companies, Inc. is a subsidiary of Albertsons Investor Holdings LLC.
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Stocks & Indices
Albertsons Companies, Inc. has the following listings and related stock indices.
Stock: NYSE: ACI wb_incandescent
Stock: XETR: 27S wb_incandescent
Product & Services
Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor, Supermarket
Key People
Founder(s): Joe Albertson
Jim Donald (Co-Chairman) Leonard Laufer (Co-Chairman) B. Kevin Turner (Vice Chairman) Vivek Sankaran (President & CEO)
Financials
Revenue: US$62.455 billion (2020)
Operating income: US$1.437 billion (2020)
Net income: US$466.4 million (2020)
Total assets: US$24.735 billion (2020)
Total equity: US$2.278 billion (2020)