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.

History

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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. An ad in the Idaho Statesman touted Joe Albertson's first store as "Idaho's largest and finest food store." 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.

Albertsons LLC operates Albertsons stores in the Dallas/Fort Worth, Florida, Northern California and northern Nevada, Rocky Mountain and Southwest regions, two Super Saver Foods locations in the Salt Lake City area and two Jewel-Osco stores in Springfield, Illinois.

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. ^*

Chains

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• Albertsons (655 locations)
• County Line Liquor
• Grocery Warehouse (1 location)
• Jewel-Osco (2 locations; Stores to be sold, with 80 percent of the proceeds paid to Supervalu.)''
• Max Foods
• Super Saver Foods (2 locations)

External links

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• Official site

2006 establishments | Supermarkets of the United States | Companies based in Idaho