Attention Shoppers: Albertsons Given Green Light to Buy Safeway


Albertsons is dramatically different from the store that Joe Albertson first opened in Boise nearly 75 years ago.

Albertsons Incorporated grew to nearly 2,500 stores from coast to coast by the early 21st century, operating under the names Albertsons, Acme, Bristol Farms, Shaw's and Star Markets.

Then in 2006, Albertsons was sold to Minnesota-based Supervalu and that conglomerate ultimately sold off many of its under-performing stores. In late 2013, a core group  of investors decided to keep Albertsons based in Boise.

On Jan. 27, the Federal Trade Commission said that Albertsons could proceed to the express check-out line it is purchase of competitor Safeway. In March 2014, Albertsons said it would buy Safeway for $7.64 billion in cash. But before the deal was finalized, the FTC forced the companies to sell off 168 stores in eight states.  

Albertsons currently has about 1,100 stores under its own name as well as Acme, Jewel-Osco and others, while Safeway has approximately 1,300 locations under its name and Tom Thub and Cars. Together, the companies have nearly 250,000 workers.