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Albertsons Companies, Inc. [1] [2] is an American grocery company founded and headquartered in Boise, Idaho . With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, [3] [8] [6] the company is the second-largest supermarket chain in North America after Kroger.
Website. www .smithsfoodanddrug .com. Smith's Food and Drug, or simply Smith's, is an American regional supermarket chain that was founded by Lorenzo Smith in 1911 in Brigham City, Utah. Headquartered in Salt Lake City with stores in Utah, Nevada, New Mexico, Arizona, Montana, Idaho, and Wyoming, Smith's became a subsidiary of Kroger in 1998.
The Kroger-Albertsons acquisition is a planned acquisition between the two American grocery chains which serve most of the country. Kroger plans to compete with non-union grocery chain Amazon Fresh, which includes Whole Foods Market, discount department store chains Target and Walmart and warehouse club retail chains Costco and Sam's Club.
Kroger and Albertsons are both publicly traded companies. The former’s market capitalization hovered around $38.02 billion as of late Thursday afternoon. For Albertsons, it was $11.33 billion ...
Acme Markets Inc. (stylized as ACME Markets) is a supermarket chain operating 161 stores throughout Connecticut, Delaware, Maryland, New Jersey, the Hudson Valley of New York, and Pennsylvania and, as of 1998, is a subsidiary of Albertsons, and part of its presence in the Northeast. It is headquartered in East Whiteland Township, Pennsylvania ...
The acquisition deal cost Albertsons $385 million and required Albertsons to sell its single stores in the Amarillo and Wichita Falls, Texas, markets. As part of the acquisition, several Albertsons locations in Eastern New Mexico, which were re-branded as "Albertsons Market", were added to the new United division of Albertsons-Safeway.
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