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Encyclopedia > Albertsons LLC
Albertsons LLC
Albertsons logo
Type Private
Founded 2006 (Boise, Idaho)
Headquarters Boise, Idaho
Key people Robert Miller, CEO
Industry Retail
Products Bakery, dairy, deli, frozen foods, general grocery, meat, pharmacy, produce, seafood, snacks, liquor
Revenue $8.0 billion USD (2006)
Employees 43,000
Slogan It means a great deal
Website www.albertsonsmarket.com

Albertsons LLC is a chain of grocery stores owned and operated by Cerberus Capital Management after the acquisition of Albertson's, Inc., by Supervalu. As part of the transaction, Supervalu granted Cerberus a license to continue to operate Cerberus-owned stores under the Albertsons banner. Supermarket News ranked Albertsons LLC No. 19 in the 2007 "Top 75 North American Food Retailers" based on 2006 fiscal year estimated sales of $8.0 billion.[1] Albertsons logo, claiming fair use This is a copyrighted and/or trademarked logo. ... A private company is a company that is independently owned. ... For the Manfred Mann album, see 2006 (album). ... Nickname: City of Trees Motto: Energy Peril Success Location of Boise in the State of Idaho Coordinates: Country United States State Idaho County Ada Founded 1863 Incorporated 1864 Mayor David H. Bieter (NP) Area    - City {{{area_total}}} km²  (64 sq mi) Elevation {{{elevation}}} m  (2700 ft) Population  - City 211,830  - Metro... Nickname: City of Trees Motto: Energy Peril Success Location of Boise in the State of Idaho Coordinates: Country United States State Idaho County Ada Founded 1863 Incorporated 1864 Mayor David H. Bieter (NP) Area    - City {{{area_total}}} km²  (64 sq mi) Elevation {{{elevation}}} m  (2700 ft) Population  - City 211,830  - Metro... Drawing of a self-service store. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory[1], the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... For the Manfred Mann album, see 2006 (album). ... Employment is a contract between two parties, one being the employer and the other being the employee. ... Look up slogan in Wiktionary, the free dictionary. ... A website (or Web site) is a collection of web pages, images, videos and other digital assets and hosted on a particular domain or subdomain on the World Wide Web. ... ... Cerberus Capital Management LP is one of the largest private equity investment firm in USA. The firm is based in New York, N.Y., and run by 45-year-old financier Steve Feinberg. ... A typical Albertsons store. ... Supervalu Inc. ...

Contents

History

Beginnings

Albertsons LLC is one of the successor companies to Albertson's, Inc. Albertson's, Inc., was founded by Joe Albertson in 1939 in Boise, Idaho, USA. The store was filled with perks that, at the time, were brand new: free parking, a money-back guarantee, even an ice cream shop. The store was located at 17th and State Streets in downtown Boise. Joseph A. Joe Albertson (October 17, 1906 - January 20, 1993) was the founder of the Albertsons chain of grocery stores. ... Nickname: City of Trees Motto: Energy Peril Success Location of Boise in the State of Idaho Coordinates: Country United States State Idaho County Ada Founded 1863 Incorporated 1864 Mayor David H. Bieter (NP) Area    - City {{{area_total}}} km²  (64 sq mi) Elevation {{{elevation}}} m  (2700 ft) Population  - City 211,830  - Metro...


It was announced in June 2006 that Cerberus will be closing 100 Albertsons stores in Arizona, Northern California, Colorado, Florida, Louisiana, Oklahoma and Texas and four Super Saver Foods in Florida by August 2006. [2] Official language(s) English Capital Phoenix Largest city Phoenix Area  Ranked 6th  - Total 113,998 sq mi (295,254 km²)  - Width 310 miles (500 km)  - Length 400 miles (645 km)  - % water 0. ... Official language(s) English Capital Sacramento Largest city Los Angeles Area  Ranked 3rd  - Total 158,302 sq mi (410,000 km²)  - Width 250 miles (400 km)  - Length 770 miles (1,240 km)  - % water 4. ... Official language(s) English Capital Denver Largest city Denver Area  Ranked 8th  - Total 104,185 sq mi (269,837 km²)  - Width 280 miles (451 km)  - Length 380 miles (612 km)  - % water 0. ... Official language(s) English Capital Tallahassee Largest city Jacksonville Largest metro area Miami Area  Ranked 22nd  - Total 65,795[1] sq mi (170,304[1] km²)  - Width 361 miles (582 km)  - Length 447 miles (721 km)  - % water 17. ... Official language(s) de jure: none de facto: English & French Capital Baton Rouge Largest city Baton Rouge [1] Area  Ranked 31st  - Total 51,885 sq mi (134,382 km²)  - Width 130 miles (210 km)  - Length 379 miles (610 km)  - % water 16  - Latitude 29°N to 33°N  - Longitude 89°W... Official language(s) None Capital Oklahoma City Largest city Oklahoma City Area  Ranked 20th  - Total 69,960 sq mi (181,196 km²)  - Width 230 miles (370 km)  - Length 298 miles (480 km)  - % water 1. ... Official language(s) English (de facto) See also languages of Texas Capital Austin Largest city Houston Area  Ranked 2nd  - Total 261,797 sq mi (261,797 km²)  - Width 773 miles (1,244 km)  - Length 790 miles (1,270 km)  - % water 2. ...


Albertsons LLC announced that it is shutting down its online delivery service on July 21, 2006. July 21 is the 202nd day (203rd in leap years) of the year in the Gregorian calendar, with 163 days remaining. ... For the Manfred Mann album, see 2006 (album). ...


Following the transition, Cerberus-operated Albertsons are in the process of removing all DVD video rental sections from stores; instead, new NFL and college-licensed merchandise will be sold in hopes of improving sales and store profit.


Realignment

It was announced on November 27, 2006 that Albertsons LLC signed an agreement with Save Mart Supermarkets to sell its Northern California and Northern Nevada Albertsons locations. Save Mart began operating the 132 new stores as of February 2007. [3] Save-Mart An interesting homegrown California Central Valley chain, Save Mart began operations in Modesto in 1952. ...


Albertsons LLC announced in December 2006 that it would be closing five unprofitable stores in North Texas. The closures will leave Albertsons LLC with 78 stores in the Dallas-Fort Worth market.[4] It was announced on January 29, 2007, that 11 more stores in Texas would be shuttered, including six in the Dallas area. After the closures, Albertsons will operate 71 stores in Dallas-Fort Worth and 93 in Texas.[5]


Store closings were also announced for Arizona and Colorado, when it was announced in January 2007 that eight Albertsons and two Grocery Warehouse stores would be closed.[6][7]


Chains

  • Albertsons 360 locations (Arizona, Colorado, Florida, Louisiana, New Mexico, Oklahoma and Texas)
  • County Line Liquor 1 location (Colorado)
  • Grocery Warehouse 1 location (Texas)
  • Max Foods 2 locations (Texas)
  • Super Saver Foods 2 locations (Utah)[8]

Super Saver is a United States price-impact grocery franchise. ...

References

  1. ^ 2007 Top 75 North American Food Retailers, Supermarket News, Last accessed February 24, 2007.
  2. ^ Albertsons to close 100 stores in 5 states Seattle Post-Intellingencer, June 8, 2006
  3. ^ Albertsons is sold in Northern California San Jose Mercury News, November 28, 2006
  4. ^ Albertsons LLC to Close Five Texas Stores, Supermarket News, December 4, 2006.
  5. ^ Albertsons to close 6 D-FW stores, The Dallas Morning News, January 29, 2007.
  6. ^ Oro Valley Albertsons to close; employees keep jobs, Arizona Daily Star, January 24, 2007.
  7. ^ Albertsons to close nine stores, Rocky Mountain News, January 20, 2007.
  8. ^ More Albertsons Closings Announced - Morning News Beat, June 14, 2006

External links


 
 

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