Albertsons Companies Inc (Albertsons), a subsidiary of Cerberus Capital Management LP, operates a chain of supermarkets and drug stores. The company's product portfolio includes confectioneries, dairy products, delicatessen, packaged foods, groceries, meat, fresh produce, seafood, snacks, natural and organic foods, wines and spirits, baby care products, and pharmacy. It sells these products under nationalized and private label brands. It provides services such as online free recipes, storage tips, event planning, free home delivery, mobile applications, discount coupons, in-store health programs, gift cards, and pharmacy services. Albertsons operates its stores across the US under various banners such as Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market, Lucky and Super Value. Albertsons is headquartered in Boise, Idaho, the US.
Headquarters
United States of America
Address
250 E Parkcenter Blvd, Boise, Idaho, 83706-3940
Website
www.albertsonscompanies.com
Telephone
1 208 3956200
No of Employees
290,000
Industry
Retailing
Ticker Symbol & Exchange
ACI (NYSE)
Revenue (2022)
$69.7B
EPS
XXX
Market Cap*
$14.9B
Net Profit Margin (2021)
XXX
62.7%
* As of and is in US$
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Products and Services
| Products | Services | Brands |
|---|---|---|
| Dairy Products | Online Free Recipes | Signature Select |
| Bakery Products | Event Planning | Signature Farms |
| Delicatessen | Storage Tips | Signature Care |
| XXX | XXX | XXX |
| XXX | XXX | XXX |
| XXX | XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | New Products/Services | In May, the company deployed self-checkout grocery carts in some of its locations to try to make in-person shopping easier. |
| 2022 | Contracts/Agreements | In May, the company entered into a partnership with Marketplacer to present The New State of Marketplaces and Their Opportunity for Growth at the Retail Innovation Conference in Chicago, Illinois, the US. |
| 2022 | Corporate Awards | In May, the company announced an agreement with Veeve Inc to make Veeve Smart Carts available to customers at a few dozen stores. |
Competitor Comparison
| Key Parameters | Albertsons Companies Inc | Walmart Inc | Costco Wholesale Corp | The Kroger Co | Walgreens Boots Alliance Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Boise | Bentonville | Issaquah | Cincinnati | Deerfield |
| State/Province | Idaho | Arkansas | Washington | Ohio | Illinois |
| No. of Employees | 290,000 | 2,300,000 | 288,000 | 420,000 | 202,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Vivek Sankaran | Director; President; Chief Executive Officer | Executive Board | 2019 | 58 |
| James L. Donald | Co-Chairman | Executive Board | 2019 | 67 |
| Chan Galbato | Co-Chairman | Executive Board | 2021 | 58 |
| Sharon McCollam | Chief Financial Officer; President | Senior Management | 2021 | - |
| Susan Morris | Chief Operating Officer; Executive Vice President | Senior Management | 2018 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
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