Albertsons Companies Inc

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Albertsons is an American grocery company headquartered in Boise, Idaho. It is owned and operated by
Bloodsucker.svg
a privately-held consortium of private equity and real estate investment firms, led by Cerberus Capital Management LP, who have been accused of bleeding its employees dry in order to generate "unconscionable, undeserved fees".ref

The Albertsons Companies family of stores comprises 2,300+ supermarkets, operating under 21 banners. (May.2018) Albertsons is the 2nd-largest supermarket chain in North America after Kroger.

Inequality in Supply Chains

(2018)[1]    Transparency: 13%   Workers: 13%   Farmers: 4%   Women: 0% 

Brands

Brands: Albertsons operates stores under the following banners:
  • Acme Markets (164)
    Acme-Markets-1998.svg
  • Albertsons (402)
  • Albertsons Market (28)
  • Amigos (4)
  • Andronico's (2)
  • Carrs (11)
  • Haggen (15)
  • Jewel-Osco (188)
  • Lucky (5)
  • Market Street (19)
  • Pak'n Save (3)
  • Pavilions (26)
  • Randalls (37)
  • Safeway (894)
    Safeway-2005-horiz.svg
  • Safeway Community Markets (4)
  • Shaw's (129)
    Shaws-Supermarkets-2003.svg
  • Star Market (21)
    Star-Market-2003.svg
  • Tom Thumb (62)
  • United Express
  • United Supermarkets (44)
  • Vons (200)

Company

Ownership

Sources: Albertsons Companies, Inc. and Subsidiaries: Form 10-K. page 127, United States Securities and Exchange Commission, Feb.23.2019.
Kimco Realty Corporation is a publicly-traded real estate investment trust headquartered in New York. It owns and operates North America’s largest publicly-traded portfolio of shopping centers. Kimco Realty owns interests in 510 shopping centers across 34 states and Puerto Rico (Jun.2017).
Klaff Realty LP is a privately-owned real estate investment company based in Chicago, Illinois. It engages in the acquisition, redevelopment and management of commercial real estate throughout the USA and Latin America, and specialises in the acquisition of distressed retail space.
Lubert-Adler Partners LP, co-founded in 1997 by Ira Lubert and Dean Adler, acquires, refinances and disposes of real estate assets.
Schottenstein Stores Corporation, together with its affiliate Schottenstein Property Group,[4] is a privately-owned operator, acquirer and redeveloper of high quality power/big box, community and neighborhood shopping centers located throughout the USA. Schottenstein Stores Corporation is majority-owned by the Schottenstein Family.[5]

Structure

  • See Hoovers (paywall)
  • See also "Our Corporate Structure" in this sec filing, but note is dated Nov.2017. pic on foll. page.

Timelines

ToDo: Albertsons Companies Timeline, Investors, SEC Filings, Albertsons Companies Inc, todo, Logopedia, logos, logo history, link

  • Jan.2015: Merger with Safeway Inc; it had 1,075 supermarkets located in 29 states under 12 different banners.ref
  • Jan.2015: Merger with Safeway Inc. ref,ref
  • ?date?: Bought back the majority of its former stores it sold to SuperValu in 2006.ref

Albertsons Companies Inc

  • Nov.2017: Albertsons Companies Invests in El Rancho Supermercado, a Texas-based Latino grocer.
  • Sept.2017: Plated, a premier meal kit service, was acquired.ref Plated (meal kits)Wikipedia-W.svg, Website
  • May.2017: Albertsons Companies acquired MedCart Specialty Pharmacy an industry-leading, URAC accredited, pharmaceutical and healthcare provider of customized specialty care services and medication management for patients and physicians addressing complex diseases.
  • Mar.2017: announced that the Houston-area distribution center near Cypress, Texas, would be closed and the operations consolidated in the Roanoke, Texas Tom Thumb distribution center in the Dallas–Fort Worth metroplex to supply the Houston and Austin-area stores instead. Also, the Houston Division offices would be folded into the legacy Albertsons' South Division offices in Fort Worth.[93] Additionally, the stores in the Albuquerque, New Mexico, market were realigned toward the United Supermarkets division.[94]
  • Feb.2017: the Randalls store in south Katy, Texas was closed.
  • Late.2016: Andronico's in the San Francisco area was acquired.
  • 2016: Expansion: Smaller acquisitions included Homedale, Idaho-based Paul's Market and Santa Rosa, California-based G&G Supermarkets. Both brands were closed before they were converted into Albertsons and Safeway stores, respectively. Additionally, the United Supermarkets subsidiary acquired seven locations from Sweetwater, Texas-based Lawrence Brothers. These were converted into United Supermarkets or Albertsons Market stores.[91]
  • Mar.2016: Haggen, acq'd 35 stores, ... see Albertsons § Post-Safeway acquisitionsWikipedia-W.svg
  • Jul.2015: Non-IPO: Albertsons Companies Inc a proposed initial public offering of shares of its common stock. However, the float has been indefinitely postponed "due to market conditions".ref,ref
  • Jun.2015: Albertsons Companies Inc was formed to reorganise the structure of AB Acquisition LLC and its consolidated subsidiaries in order to be a corporation rather than a limited liability company. AB Acquisition LLC thus became a subsidiary of Albertsons Companies Inc.OC
  • ?date?: Albertsons continued to expand, purchasing 73 stores from the bankrupt Great Atlantic & Pacific Tea Company Inc. The stores, operating under the names of The Food Emporium, A&P, A&P Fresh, Superfresh, and Pathmark, were quickly reopened under the Acme banner after two-day store resets.refref

Albertsons LLC

  • Jan.2015: Albertsons officially acquired Safeway Inc after being cleared by the FTC,ref thus giving it control of the Safeway store banners, including Randalls, Tom Thumb, Carrs Safeway, Vons, and Pavilions.ref The merger created the 2nd-largest US grocer with 2,200 store, behind Kroger.ref
  • 2015: AB Acquisition announced it would change its name to Albertsons Companies Inc.ref
  • Dec.2014: Haggen Company bought 146 Safeway, Albertsons and Vons stores, as required by the antitrust review of the merger.[79]
  • Feb.2014: Safeway began to explore selling itself, and by Feb.2014 it was in advanced negotiations with Cerberus Capital Management.ref In Mar.2014, Cerberus (parent company of Albertsons) announced it would purchase Safeway in a deal expected to close in the 4th quarter of the year.[78] Inn Jul.2014, Safeway stockholders approved the merger with Albertsons.[6]
  • Dec.2013: United Supermarkets LLC, a Texas-based 51-chain supermarket, was acquired.refref In Feb.2014, Albertsons was required to sell its single stores in the Amarillo, Texas and Wichita Falls, Texas markets.ref The United Supermarkets family brands included Market Street, Amigos, and United Express.ref
  • Jun.2013: Albertsons announced plans to merge its duplicate websites, social media accounts and mobile apps onto one of each kind, ending the use of the Albertsons Market branding and AlbertsonsMarket.com.ref
  • Mar.2013: Albertsons LLC successfully acquired all of the remaining assets purchased by SUPERVALU in 2006.
  • Feb.2013: AB Acquisition LLC announced it would split operations of the newly combined company into 8 divisions: Northwestern, Intermountain, Southern California, Southern, Jewel-Osco, ACME, Shaw's, and Southwestern. Completed in Mar.2013. On paper, Albertsons LLC controlled the Albertsons-branded stores and New Albertsons Inc controlled ACME, Shaw's/Star Market, and Jewel-Osco, but it was operated as one company.
  • Jan.2013: announced[69] that SuperValu was selling New Albertsons (Albertsons, ACME, Shaw's/Star Market, and Jewel-Osco) to Cerberus Capital Management. Completed in Mar.2013.[11]
  • 2013: Cerberus Capital bought Safeway from Supervalu.
  • 2013: Albertsons LLC bought the assets from Supervalu that they had acquired in 2006 from the former Albertsons Inc, bringing the company full-circle.ref
  • SuperValu's New Albertsons Inc had done poorly. While SuperValu did remodel many stores and open a few new stores, New Albertsons had shrunk. Of the 1100+ stores SuperValu acquired in 2006, less than 900 remained by 2013.ref Under SuperValu, Bristol Farms was sold off in 2010;ref 36 Utah stores were sold to Associated Food Stores (leaving just 3 traditional Albertsons stores in the state),refref the Wisconsin Jewel-Osco stores had been sold or closed,[66] as well as the Shaw's stores in Connecticut.ref Additionally, like Albertsons LLC, most of the fuel stations had been shuttered or sold to other operators.[6]

  • May.2008: Valero Energy Corporation[7] bought 72 Albertsons Express gas stations, and Albertsons exited the fuel business.ref
  • Aug.2009: the distribution center and division office closed and the 26 remaining stores moved to the Southwest division.[57]
  • 2008: Brought the sale of Albertsons' lone South Dakota and Nebraska stores to Nash Finch.[56]
  • The Rocky Mountain division slowly shed stores.[51][52][53] By Apr.2007, there were only 32 stores left in Colorado.[54] In Dec.2007, SuperValu acquired the 8 remaining Wyoming locations from Albertson's LLC that they didn't already own. These stores continued to operate under the Albertsons banner.[55]
  • Jun.2007, Albertson's LLC agreed to acquire all Raley's locations in New Mexico. The acquisition includes 1 closed and 8 operating stores in Albuquerque and one store in Taos, thus doubling Albertsons store base in the Albuquerque region.[58]
  • Jun.2008: The Florida division, which was always discontiguous with Albertsons' main market, suffered a blow in June 2008 when Albertsons LLC entered into an agreement with Lakeland, Florida-based Publix stores to sell 49 Florida Albertsons locations to the chain. This included 15 stores in Northern and Northwest Florida, 30 locations in Central Florida, and four locations in South Florida. The sale was completed in September.[46] In April 2012, the company closed most of its stores in Florida.[47][48] The Plant City distribution center was sold to Gordon Food Service[49] though the Florida Division continued to be located there. By April 2012, only four stores remained in the entire state of Florida.[50]
  • 2007: The Dallas-Fort Worth division's distribution center was sold to Associated Wholesale Grocers,ref and Albertsons exited Oklahomaref and Austin.ref The Oklahoma stores were sold to Associated Wholesale Grocers associates; the Austin stores were sold to H-E-B. Additionally, many of the Dallas-Fort Worth stores closed during this time,ref even into 2011.ref
  • Jun.2007: Albertson's LLC acquired all 10 Raley's stores in New Mexico.ref
  • Feb.2007: Albertson's LLC sold the Northern California division to Save Mart.ref
  • Nov.2006: announced that the Northern California division (northern California and northern Nevada) would be sold to Save Mart; completed in Feb.2007.ref Summer.2007: all stores were gradually converted to the Save Mart banner, except for the San Francisco Bay area stores, which were rebranded as Lucky.refref The deal included two Northern California distribution centers.
  • Late.2006: 21 Super Saver foods were closed.
  • ?date?: Cerberus closed the Cub Foods locations, selling most of them to other operators.

To distinguish the two companies, Albertsons LLC created a second website, AlbertsonsMarket.com.

New Albertsons Inc

https://en.wikipedia.org/wiki/Albertsons#New_Albertsons_acquisition, https://sec.edgar-online.com/new-albertsons-inc/10-k-annual-report/2007/04/26/Section3.aspx

  • Mar.2013: AB Acquisition LLC split the operations of the newly-combined company into 8 divisions: Northwestern, Intermountain, Southern California, Southern, Jewel-Osco, ACME, Shaw's, and Southwestern, and in March 2013, the deal was officially closed. On paper, Albertsons LLC controlled the Albertsons-branded stores and New Albertsons Inc controlled ACME, Shaw's/Star Market, and Jewel-Osco, but it was operated as one company.
  • Mar.2013: SuperValu sold New Albertsons Inc (Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores and related Osco and Sav-on in-store pharmacies to AB Acquisition LLC/Cerberus Capital Management.ref,ref SuperValu remodelled many stores and opened a few new stores, but of the 1100+ stores SuperValu acquired in 2006, less than 900 remained by 2013.ref
  • Oct.2010:
    Bristol-Farms.svg
    Bristol Farms was sold to Good Food Holdings Inc, a holding company owned by local management and West Coast private equity firm Endeavour Capital.ref Website
  • 36 Utah stores were sold to Associated Food StoresWikipedia-W.svg, a retailer-owned cooperative, with SuperValu retaining just 3 traditional Albertsons stores in the state.[64][65],ref
  • the Wisconsin Jewel-Osco stores had been sold or closed,[66]
  • the Shaw's stores in Connecticut.[67]
  • like Albertsons LLC, most of the fuel stations had been shuttered or sold to other operators.[68]

Albertsons Inc

  • Jun.2006: The sale was completed, and Albertsons Inc was delisted from the NYSE.
  • Jan.2006: Albertsons agreed to be sold and broken into three parts. The entire company's assets were first sold to "AB Acquisition LLC",OC a consortium of 3 separate companies. The consortium members were: Supervalu Inc, CVS Corporation/CVS Health Corporation/CVS Pharmacy, and an investor group led by Cerberus Capital Management LP which also included Kimco Realty Corporation, Schottenstein Stores Corporation/Schottenstein Realty, Lubert-Adler Partners LP, and Klaff Realty LP.ref
    • New Albertsons Inc: SuperValu Inc acquired ~1,124 stores and in-store pharmacies, and 100% of the support operations for Acme, Acme Express, Acme Markets, Bristol Farms, Jewel, Jewel Express, Jewel-Osco, Lazy Acres, Max Foods, Osco Pharmacy, Sav-on Pharmacy, Save-A-Lot, Shaw's Supermarkets, Star Markets, Albertsons Express, all Albertsons stores in Idaho, Southern Nevada, Utah, Southern California, and the Northwestern US. Also included were all of the combo-store pharmacies operating under the Osco and Sav-on banners, and 11 distribution centres.ref. The acquisition made SuperValu the 2nd largest supermarket company in the USA, with 2,656 stores in 48 states, plus the District of Columbia. (= New Albertsons Inc,OC later sold to Albertsons LLC,ref)
    • CVS CorporationWikipedia-W.svg acquired 100% of the stand-alone drugstore business, which included ~702 stand-alone Osco Drug and Sav-on Drugs stores (closing ~100), as well as a distribution center located in La Habra, California. CVS also acquired Albertson's ownership interests in the drug store real estate, with the intention of selling the interests in a sale-leaseback transaction. The stand-alone drugstores were all re-bannered as CVS Pharmacy.
    • Albertsons LLC: Albertsons Inc CEO Robert G. MillerWikipedia-W.svg formed Albertsons LLC, financed by the Cerberus consortium.ref The consortium acquired 661 stores and 100% of the distribution centers and offices in Albertsons' Dallas/Fort Worth division, and in the Florida, Northern California, Rocky Mountain and Southwestern regions.ref These stores operated under the Albertsons and Super Saver banners, and also included the combo-store pharmacies under the Osco and Sav-on banners. Cerberus also purchased 26 Cub Stores from SuperValu in the Chicago area. Also included County Line Liquors (1); Grocery Warehouse (1); Jewel-Osco (2); Max Foods (2); and Super Saver Foods (23).
  • Sept.2004:
    Bristol-Farms.svg
    Bristol Farms, an 11-chain fresh, gourmet and specialty food retailer in Southern California, was acquired.
  • Mid.2004:
    Albertsons-Super-Saver.svg
    Super Saver: a chain of high volume, low-price grocery stores in Texas and Louisiana was launched. The division was independently managed by Albertson's subsidiary, Extreme Inc. AR-2004
  • Mar.2004: Shaw's Supermarkets / Star Market operations in New England (200+ stores) were bought from J Sainsbury plc.ref,ref
  • Divested: Albertsons exited the markets of Omaha, Nebraska,ref where it closed or sold 21 stores, and New Orleans, Louisiana where it closed 7, selling 4 to A&PWikipedia-W.svg.ref
  • Aug.2002: Albertsons Inc: the apostrophe was removed, with "Albertson's Inc" becoming "Albertsons Inc".ref
  • 2002: Brands: Albertsons, Osco, Savan, SuperSaver Foods, ACME, Max Foods, Grocery Warehouse.ref
  • 2002: "New Albertsons" continued restructuring to create a more efficient company. The company exited markets in Houston, Nashville, Memphis and San Antonio; it also sold the Houston and Tulsa distribution centers.
  • 2002: Osco Drug: Albertsons sold its freestanding Osco Drug stores in Massachusetts, New Hampshire and Maine to the Jean Coutu GroupWikipedia-W.svg, a Canadian drug store company. Jean Coutu re-branded the acquired Osco stores as Brooks Pharmacy.
  • 2002:
    Seessels-Supermarkets.svgDeals-Arrow-Right.svg
    Seessel Supermarkets: Albertsons sold the 12-store chain to Schnuck Markets Inc, which rebranded the stores.
Seessel's was founded by Henry Seessel in 1858, when Henry Seessel opened a meat stand in downtown Memphis. The first Seessel's Supermarket opened on Union Avenue in 1941. Great-great-grandsons Art and Jerry Seessel sold the company in 1987 to French firm American Banaco Inc, but bought them back a year later. The brothers then sold the stores to Bruno's Inc in 1996. In 1998, Albertson's bought Seessel's from Bruno's.ref In 2002, Albertsons sold the 12-store chain to Schnucks, which rebranded the stores. In 2011, Schnucks left the Memphis market and sold the former Seessel's stores to Kroger.ref
  • Dec.2001: Osco Drug: Albertsons sold 80 stores to Maxi Drug Inc d/b/a Brooks Pharmacy, a drug retailer in New England.ref
  • Jul.2001: Closures: announced it would close 165 "underperforming" stores spread across 25 states, cut jobs, and reduce its newly created operating divisions.
  • Jan.2001: Albertsons restructured its "districts" to a divisional structure mostly based around distribution centers, with a drug store division and 18 regional division offices.ref
  • Aug.2000: Kmart Corp Pharmacies: purchased the pharmacy businesses at 3 closing stores in Missouri, Florida and Texas.ref
  • Apr.2000: Jitney Jungle Stores of America Inc: purchased 3 stores from the company, which had filed for Chapter 11 bankruptcy. The stores were converted to Seessel's.ref
  • Nov.1999: Lucky stores were converted to the Albertsons banner so as not to have two banners in the same area, and the Lucky brand name was retired.
  • Jun.1999: American Stores Company agreed to be acquired, becoming the USA's biggest supermarket chain.ref The Federal Trade Commission required the divestment of stores in California (117); Nevada (19); and New Mexico (9). 40 were American Stores operated primarily under the Lucky brand, and 105 were Albertson's brand stores operated primarily under the Albertson's name. The companies additionally divested 4 supermarket real estate sites. ref American Stores brands: ACME, Lucky, Jewel, Jewel-Osco, and drug store chains Osco Drug and Sav-on Drugs. The merger created the 2nd-largest food and drug retailer in America.ref, p.4
  • 1990s: Expansion: built new stores across all divisions.
  • ?date?: Super One Foods: acquired 3 stores from Miner's IncWikipedia-W.svg.
  • Oct.1998: Buttrey Food and Drug Stores Company (44 stores) was acquired. The Federal Trade Commission required the divestment of 9 Buttrey stores and 6 Albertson's stores.ref Albertsons rebadged 29 stores as Albertsons, with the rest being sold and/or closed. The Buttrey name was retired.ref,ref (Buttrey Food & Drug had gone public in 1992 in an effort to reduce debt.)
  • Aug.1998: Bruno's Inc (15 stores) acquired, and hived up.ref
  • Apr.1998: Smitty's Super Markets Inc (10 stores + 3 fuel centres) was acquired from ??.
  • Jan.1998:
    Seessels-Supermarkets.svgDeals-Arrow-Left.svg
    Seessel Supermarkets: Seessel Holdings Inc, with 10 stores, was acquired from Bruno's IncWikipedia-W.svg.AR-1998
  • 1992: American Stores: (formerly Skaggs Drugs Cos.) stores in Texas, Oklahoma, Arkansas, and Florida were bought, and hived up.ref (In 1992, Albertsons bought the stores American Stores (formerly Skaggs Drugs Cos.) had in Texas, Oklahoma, Arkansas, and Florida. Many of the stores had been opened as Skaggs Albertsons originally (later turning into "Skaggs Alpha Beta" under American Stores ownership) but by 1991 had been rebranded as Jewel-Osco. These included a few stores that American Stores opened in the late 1980s under that name in Florida. Additionally, a non-food distributions center in Ponca City, Oklahoma, was purchased from ASC.)
  • 1992: Jewel-Osco: Albertsons purchased 74 Jewel-Osco food and drug combination stores in Texas and Oklahoma from American Stores Company.
  • 1989: Tom Thumb: 6 stores were acquired... (Albertsons continued to expand in Texas beyond the Skaggs base in north Texas and San Antonio, entering the Dallas-Fort Worth market in 1984, and adding three Skaggs-Alpha Beta stores in Austin within months after entering that market in early 1989 with the acquisition of six Tom Thumb stores.)
  • 1985: Albertsons announced the sale of their 7 Alabama stores to Bruno's Market.ref
  • 1980s: Expansion: Albertsons acquired and/or built ~283 stores.
  • 1978: Fazio's Shopping Bag Albertson's acquired the 47-unit chain from Fisher FoodsWikipedia-W.svg, in Southern California.ref
  • 1976: Corporate Rebrand: a new corporate identification program, included a new logo, private label design and store signing package.
  • 1974: Monte Mart's 4-store chain in northern California was acquired.15
  • 1972: Sundries Center, a wholesale company in Boise was bought as a first step towards establishing a distribution system.
  • 1969-1977: Albertson/Skaggs Partnership: Joe Albertson partnered with LS Skaggs of Skaggs Drug Centers, owned by The Skaggs Companies Inc, to develop the first food/drug combination stores.ref The partnership was amicably dissolved in 1977, and the jointly-held assets were divided evenly.ref
  • 1969: Albertsons Inc was listed on the New York Stock Exchange as ABS.
  • 1964: Albertsons entered Southern California by acquiring a 14-store chain, becoming the 25th largest grocer in the USA with 127 stores.
  • 1963: Expansion: Albertson's celebrated the opening of its 100th store in Seattle, Washington.ref
  • 1959: Albertsons Inc went public with its first stock offering, to develop more capital for operations.ref The Janet Lee private label name was created.ref
  • 1957: Sugarhouse Drug in Salt Lake City was acquired. The business was the first in-house drug store within new Albertsons Foods Centers.
  • 1949: Dutch Girl Ice Cream Plant opened in Boise, Idaho.
  • 1946: Stone Poultry Company: a complete poultry operation was formed to supply chickens to Albertsons.
  • 1945: Albertson's Corporation was formed, with 6 state-of-the-art supermarkets, and sales approaching $3m.ref
  • Jul.1939: Albertson's Food Center was founded in Boise, Idaho. Joe Albertson had been a district manager for Skaggs United Stores in California; he entered into a partnership with LS Skaggs and Tom Cuthbert (Mr Skaggs’ accountant), and opened his 1st store.ref,ref
  • Jul.1939: Albertson's Store 101: With $5,000 of his own money and a $7,500 loan from his wife’s aunt, Joe Albertson opened a store at the corner of 16th and State Streets in Boise, Idaho. The store had innovative, new services that customers hadn’t seen in a grocery store before.ref
  • 1929-1939: Joe spent 10 years working his way up at Safeway, with the ultimate aim of opening his own store. In 1938, by then a district manager for Safeway, Joe entered into partnership with LS Skaggs and the latter's accountant, Tom Cuthbert, with a view to opening his 1st store in Boise, Idaho.
  • 1929: Joe Albertson was at college studying business, when the Great Depression hit. Joe decided to leave college and enter the grocery business, figuring that people had to eat, in good times or in bad.ref

Sources: https://web.archive.org/web/20180226083910/http://albertsonscompanies.com/history/

Haggen Food & Pharmacy

Website

  • Mar.2016: Haggen's was dissolved, becoming part of Albertsons.ref,[www.seattletimes.com/business/retail/haggen-agrees-to-sell-core-stores-to-albertsons/ ref] Albertsons took over Haggen's remaining 29 stores in Washington and Oregon,ref 15 of which continued operating under the Haggen banner.ref
  • Sept.2015: Subsequent to the bankruptcy filing, Haggen announced that they would abandon the new stores and revert to operating as a strictly Washington state grocery chain.ref
  • Sept.2015: Haggen filed for Chapter 11 bankruptcy protection.ref,ref Haggen's unsecured creditors sued Comvest Group Holdings for asset-stripping.ref,ref
  • 2015: Sale and Leaseback: Comvest sold and leased back 20 properties to Spirit Realty Capital, and 39 others via brokerage Holliday Fenoglio Fowler.ref The amount of capital that Comvest made was unclear.ref
  • Jan.2015: Expansion: Comvest bought 146 stores from Albertsons and Safeway, taking it from a regional business to a West Coast power.ref In-store prices were raised, and sales dropped.
  • Feb.2011: Comvest Group, a Florida private equity firm, bought an 80% ownership stake in Haggen from the Haggen Family.ref Comvet fired top management, installed their own CEO, and closed 18 of Haggen's 30 locations.ref
  • 1948-2010: Expansion: Instead of focusing on chain expansion and market share, Haggen concentrated on maximizing efficiency, implementing new marketing programs, and enhancing customer services. By Dec.2010, Haggen operated 30 supermarkets under the Haggen Food & Pharmacy and TOP Food & Drug names.
  • 1947: Town and Country Shopping Center: the Haggens built a new store in Bellingham.
  • ?date?: White House Grocery: the Haggen's moved to a larger location and renamed the store.
  • 1933: Economy Food Store was founded by the Haggen family in downtown Bellingham, Washington.ref

https://www.seattletimes.com/business/retail/judge-approves-sale-of-haggen-to-albertsons/

Vons Companies

Vons-Companies-1973.svg

Website.arch

  • Apr.1997: Safeway exercised its option to acquire the 65% of Vons it did not already own, giving it full control of Vons.ref 37% of Vons' HQ administrative staff were sacked.
  • Jan.1992: Williams Brothers Markets, a family-owned chain, was acquired.
  • Aug.1988: Safeway exchanged 172 of its southern California and Nevada operations in return for ~30% of Vons common stock. As a result, the company's debt load soared.ref
  • Early.1987: Vons went public again on the New York Stock Exchange.
  • Dec.1986: Allied Supermarkets Inc: Vons struck a merger deal with Allied Supermarkets,[Note 1] in return for $700m cash, enabling Vons to go public whilst controlling its debt load.ref
  • Jan.1986: Management Buyout: A group of private investors, including top management, negotiated a leveraged buyout of Vons' parent, Household Merchandising, from Household International. The MBO burdened Vons with an unacceptable level of debt.ref,ref
  • Oct.1985:
    Vons-Pavilions-1985.svg
    Pavilions brand was launched in Southern California. https://web.archive.org/web/20160527045350/http://www.pavilions.com/
  • 1969: Household Finance Corporation, (then known as "City Products Corporation", OC), bought Vons from the Von der Ahe family.ref
  • Mar.1960: Vons merged with Shopping Bag Food Stores, bringing the total number of stores under family management to 66.
  • 1958: Vons became a public corporation, and was listed on the New York Stock Exchange.
  • 1933: Von's Grocery Company: Ted and Will Von der Ahe, Charles Von der Ahe sons, re-started Vons with financial backing from their father. Its growth and innovation over the next 70 years was non-stop.ref
  • 1928: Anticipating the looming financial crisis, Charles Von der Ahe sold his chain of 87 stores to MacMarr Stores.
  • 1906:
    Vons-Groceteria-1906.svg
    Von's Groceteria: Charles Von der Ahe opened his first store in Los Angeles, pioneering “cash and carry” as an alternative to “charge and deliver.”
ToDo: link, link, MacMarr Stores, link, link, link, link, link, link, link, link
Notes
  1. ^ Vons sole purpose for purchasing Allied was to use Allied's listing on the stock exchange to go public. Vons quickly sold the renmants of Allied to its management under the name of "Meadowdale Foods". In 1989, Kroger Company bought Meadowdale/Great Scott-the former ACF/Wrigley/Allied and added the stores to the Kroger chain, thus ending the history of what had once been one of the biggest grocery chains in the USA.

Randalls Food Markets

https://www.randalls.com/, https://web.archive.org/web/20160527045350/http://www.randalls.com/, https://en.wikipedia.org/wiki/Randalls, https://en.wikipedia.org/wiki/Randall%27s_Food_Markets

  • Jul.1999: Safeway acquired the Randalls chain of 116 stores.ref,ref,ref
  • Jun.1997: Kohlberg Kravis Roberts & Company bought a majority interest in Randalls. KKR's cash infusion enabled Randalls to reduce its debt.ref,ref
  • Dec.1996: The Simon David stores were sold to Saks Fifth Avenue.ref
  • Jan.1994: Randall's converted the 7 Tom Thumb stores in Austin, Texas, to the Randall's banner.
  • Jan.1994: AppleTree Markets: 14 locations were acquired in Greater Austin (11) and Great Houston (3). 9 of the stores were converted to the Randalls banner; the other 3 were closed. (Appletree Markets was founded in 1988 when AppleTree purchased 50 defunct grocery stores in Houston from Safeway.ref)
  • 1993: The company reopened 9 former AppleTree and Tom Thumb stores in Austin under the Randalls banner.
  • Aug.1992: Cullum Companies, a Dallas-based supermarket retailer and owner of Tom Thumb Food and Pharmacy and Simon David stores in Dallas, Fort Worth and Austin, was acquired. The purchase doubled the size of Randalls Food Markets,ref and loaded the company with debt.ref
  • 1979: Handy Andy: acquired 4 former Handy Andy stores.ref
  • Jul.1966: Randalls Food Markets: Onstead, Norman N Frewin, and RC Barclay opened two grocery stores in Houston, Texas, to developed the discount supermarket concept.ref
  • 1950s: Randall's Super Valu: Robert Randall Onstead spent several years managing one of his father-in-law's Randall's Super Valu stores.ref

Tom Thumb

https://www.tomthumb.com/, https://web.archive.org/web/2/http://tomthumb.com/, Tom Thumb (grocery store)Wikipedia-W.svg, https://web.archive.org/web/20160527045350/http://www.tomthumb.com/

  • 1992: Randall's Food Markets acquired Tom Thumb.
  • Jan.1989: Albertsons bought 6 Tom Thumb stores in Austin from Cullum Companies.
  • 1963: Simon David, a gourmet and specialty foods store, was acquired.
  • 1950-1966: Expansion: 34 Hinky DinkyWikipedia-W.svg stores in the Midwest, and 17 Pantry Food Markets in California. Easily the most impactful move was the addition of Page Drugs. It signaled a new direction for Tom Thumb, combining food and drug in one store. The zenith of this growth was in the 1980’s with a farsighted venture with Wal-Mart, the opening of a 220,000 square foot hyperstores. Despite its enormous sales volume, the project proved ahead of its time and was discontinued. A refocused corporate strategy in the 90’s lead to a consolidation.ref
  • Aug.1948: Tom Thumb Food Stores : Bob and Charles Cullum, along with JR Bost, founded Tom Thumb in Dallas after purchasing a small local chain.

United Supermarkets

Carrs Quality Centers

Website, Carrs-SafewayWikipedia-W.svg, Website

  • Apr.1999: Carrs-Safeway: Safeway Inc agreed to acquire Carr-Gottstein.ref,ref
  • May.1993: IPO and Float: Carr-Gottstein made an initial public offering, and the company began trading on the New York Stock Exchange in July.
  • Oct.1990: Carr-Gottstein Foods Company: private equity firm Leonard Green & Partners LP[8] acquired Carr-Gottstein Inc in a leveraged buyout, along with two of the firm's senior executives.ref,ref (Carr-Gottstein Foods Co. was incorporated in Oct.1989.OC)
  • 1986: Carr-Gottstein Inc: JB Gottstein & Company merged with Carrs Quality Centers.ref
  • 1974: Merger: The two companies pooled their retail grocery resources, and their assets in drug stores and shopping centers.ref,ref
  • 1951: Carrs Grocery: Larry Carr bought out his brother's stake in the business.
  • Feb.1950: Carr Brothers: Larry Carr and his brother BJ Carr founded the first store in Anchorage, Alaska.
  • 1915: Gottstein Foods: Jacob B Gottstein started a wholesale grocery business in Anchorage when the town was founded.

Sources: https://www.referenceforbusiness.com/history2/15/Carr-Gottstein-Foods-Co.html, https://www.company-histories.com/CarrGottstein-Foods-Co-Company-History.html

The Company's predecessor (the "Predecessor") was formed in 1986 as the result of a merger of JB Gottstein & Company, a retail grocery and wholesale grocery distributor founded in 1915, and Carrs Quality Centers, an Alaska grocery store company that commenced operations in 1950. The Company was formed in 1990 by Leonard Green & Partners LP, for the purpose of acquiring, through Green Equity Investors LP and with certain members of the Company's senior management, assets of the Predecessor used in its retail, wholesale and freight operations. On October 12, 1990, the Company acquired certain assets of the Predecessor, including real property, and certain subsidiaries used or held for use in the business and operation of retail food and liquor stores, food wholesaling and freight operations, and assumed certain liabilities, pursuant to an acquisition agreement among the Company, the Predecessor, Laurence J Carr and Barnard J Gottstein. https://sec.edgar-online.com/carr-gottstein-foods-co/10-k-annual-report/1998/03/27/section2.aspx

American Stores Company #2

  • Jun.1999: Albertsons Inc acquired American Stores' holdings, including Jewel and Jewel-Osco stores.ref,ref American Stores Company then ceased to exist, although Acme, Jewel, and Osco retained their names as separate divisions.ref
  • 1994:
    American-Stores-Super-Saver.svg
    Super Saver: American Stores Company launched a discount format grocery store chain in California. After the Albertsons Inc buyout in Jun.1999, the stores slowly faded from the ken of mankind, with the last ones closing in late 2006. Super Saver FoodsWikipedia-W.svg
  • 1990s: Acquisitions: American Stores Company acquired 85 CVS Pharmacy drugstores in California (1992); 30 Thrifty and Rx Plus stores in Arizona and Nevada (1992); 55 Reliable drugstores in the Midwest (1993); and 17 Clark's drugstore chain in Southern California (Feb.1995).
  • 1992: Consolidation: American Stores Company began consolidation of operations and disposed of its stores in Texas, Oklahoma, Utah, Colorado, Idaho and Wyoming, and its Star Market division in New England, in order to reduce debt. Albertsons bought the 74 Texas and Oklahoma stores, which were Jewel/Osco food and drug combination operations.
  • 1992: Jewel-Osco: Albertsons purchased 74 Jewel-Osco combination stores.
  • 1984: The Alpha Beta division was sold to ABCO FoodsWikipedia-W.svg.ref
  • 1994: Star Market was sold to Investcorp, a global alternative investment manager, in partnership with Henry Nasella, Star's CEO.ref,ref
  • Aug.1990: Buttrey Food & Drug was sold to Freeman Spogli & Co. and Buttrey's management.ref
  • 1988: Lucky Stores Inc, California's leading grocery retailer, was acquired. The acquisition made American Stores Company the USA's 2nd-largest food and drug retailer. Lucky StoresWikipedia-W.svg
  • Jul.1987: Buttrey Food & Drug: American Stores closed 7 Buttrey stores in Idaho, and sold 3 of the 5 Boise stores to Albertsons.
  • Jun.1984: Jewel Companies Inc was acquired in a hostile takeover by Sam Skaggs, adding Jewel Food Stores, Star Market, Buttrey Food and the Osco and Sav-on Drug Stores to the company's retail operations. Skaggs Drug Centers were converted to Osco Drug stores, and the Star-Osco stores were re-badged as Star Market.ref
  • Spring.1979: American Stores Company was acquired by Skaggs Drug Centers Inc. The merger combined the grocery retailing expertise of American Stores Company's Alpha Beta and Acme subsidiaries with the general merchandise and combination store expertise of the Skaggs entities. Skaggs adopted the American Stores Company name.
  • 1978: LS Skaggs Jr initiated the Skaggs Companies Inc (formerly Skaggs Drug Centers) acquisition of American Stores. American Stores had 785 food stores and 139 drug stores to 241 Skaggs stores. Alpha BetaWikipedia-W.svg and Acme food stores were part of American Stores.

Sources: http://www.fundinguniverse.com/company-histories/American-Stores-Company-Company-History.html
See also this link

Skaggs Drug Centers Inc

  • 1980: LJ Skaggs sold his PayLess Drug Stores of Oakland, California to the Washington-Oregon PayLess stores formed in 1932.
  • 1980: Jewel Co. bought Sav-On Drugs of Southern California.
  • 1978: American Stores: LS Skaggs Jr initiated the Skaggs Companies Inc (formerly Skaggs Drug Centers) acquisition of American Stores, completing it by Spring 1979. He kept the latter's name and relocated headquarters to Salt Lake City. American had 785 food stores and 139 drug stores to 241 Skaggs stores. Alpha BetaWikipedia-W.svg and Acme food stores were part of American Stores.[From Safeway web site, www.safeway.com, 7 Oct 2003.]
  • 1969-1977: Albertson/Skaggs Partnership: Albertsons partnered with LS Skaggs of Skaggs Drug Centers, owned by Skaggs Companies Inc, to develop the first food/drug combination stores.ref The partnership was amicably dissolved in 1977, and the jointly-held assets were divided evenly.ref
  • 1965: Skaggs Drug Centers Inc: Skaggs Drug Stores incorporated, and continued its growth through the acquisition of drug stores (Josco, Katz Drug, Harts Drugs, Cook's drugstores) in the West and South.
  • 1948: Skaggs Drug Stores: the remaining PayLess stores were renamed.
  • 1942: Owners Service Company: LL Skaggs formed a partnership with HB Finch, Paul Stratton and George Hilden.
  • 1939: LS Skaggs resigned from Safeway to enter the drugstore business. Two associates from Safeway joined him, and they bought 4 Pay Less stores from his brother LJ Skaggs, in Salt Lake, Ogden, Boise, and Great Falls. LJ Skaggs retained the California PayLess Stores, which eventually became part of Thrifty PayLessWikipedia-W.svg.
  • 1937: Pay-Less Drug: LL Skaggs and Harold Finch founded the Midwest's 1st self-service drug store in Rochester, Minnesota. With the opening of a 2nd store in Mason City, Iowa in 1938, the name was changed to Self-Service Drug Inc. It would become Osco Drug in 1942, which would grow to ~600 stores in 19 states by 2003.ref
  • 1934: Thrifty Payless Drugs: Allen Rosenberg opened Arizona’s 1st self-service drug store. Thrifty Payless Drugs was sold to the LL Skaggs chain in 1942.
  • 1932: Pay'n Takit Stores/Pay Less Drug Store/Payless Drug Store: LJ Skaggs opened the 1st self-service drug store in Tacoma, Washington. LJ later sold stores to his brothers and associates. By 1965, 3 companies resulted: one in Washington and Oregon, a 4-store chain in Tacoma, Washington, and one company he retained in California.ref LJ’s California stores were sold to the Washington-Oregon chain in 1980, and then to Rite Aid CorporationWikipedia-W.svg in ~2000. Pay'n Takit pic-link
  • 1928: MB Skaggs listed Safeway on the New York Stock Exchange.
  • 1926: Safeway: Charles Merrill, a co-founder of the Merrill Lynch investment firm in 1914, engineered the merger of Skaggs United Stores and Safeway to form "Skaggs Safeway". The stores were renamed to "Safeway" after ~18 months.
  • The eldest son of the family, MB Skaggs, expanded the original shop into a western chain that by 1926 had 428 stores in 10 states under the name Skaggs United Stores.
  • 1920: Skaggs United Stores: Four of the brothers, MB Skaggs, LS Skaggs, LL Skaggs and LJ Skaggs, formed a partnership.ref
  • 1917: Skaggs Cash Grocery: OP Skaggs started up his own chain in Idaho Falls, Elko, Nevada.
  • 1916: Rev. Skaggs sold Skaggs Store No.1 to MB Skaggs, his 3rd son.
  • 1915:
    Skaggs-Cash-Store.svg
    Skaggs Cash Store: Reverend Samuel M Skaggs, who had 12 children, pioneered the concept of self-service retail stores in a small frontier town, American Falls, Idaho.

Sources: skaggs.org, Skaggs familyWikipedia-W.svg, Safeway, Funding Universe, NNDB FixMe: ToDo: link, link, link, link

American Stores Company #1

American-Stores-Asco-brand.svg
Jan.1979 Skaggs Companies Inc: LS "Sam" Skaggs, of Skaggs Companies Inc, bought a significant holding in American Stores. To avoid a long and expensive fight for control, American Stores capitulated in March.ref,ref The merger was completed in Jul.1979, with Skaggs Companies Inc changing its name to "American Stores Company".
Jan.1961 Alpha Beta Food Markets Inc, a chain of supermarkets in southern California, was acquired.ref
Apr.1929 American Stores Company was listed on the New York Stock Exchange.
Apr.1917
American-Stores-1917.svg
American Stores Company: Acme Market merged with 4 other Philadelphia grocery store chains, to form a cooperative venture: Acme Tea Company (433); SC Childs Company (268); James Bell Company (214); Robinson & Crawford (186); and George M Dunlap Company (122). The venture brought 1,223 grocery stores under one corporate management.ref

Acme Markets

Acme-Markets-1938.svg

"Acme Markets" was initially used as the name for the Acme Tea Company's grocery stores, and has survived various mergers and takeovers through the decades. The logo was "upgraded" in 1961 when American Stores attempted to unify its corporate branding across its various subsidaries.

May.1916 The Acme Tea Company was taken over by a new concern as the result of a provision in founder Thomas P Hunter's will, which provided that Mr Hunter's partners should have first chance to buy out the business.ref
1891 Acme Tea Company: Thomas P Hunter, James Bell, and George M Dunlap also opened stores in Philadelphia.
1891 Robinson & Crawford: Samuel Robinson and Robert Crawford, two young Irish immigrants, opened a small neighborhood grocery store in South Philadelphia, named "The House that Quality Built".
Additional Sources:

Jewel Companies Inc

  • 2010: Jewel-Osco Jewel and Osco began formally operating as a unified entity.
  • 2006: SuperValu bought Jewel-Osco, Acme Markets, Shaws, Star Markets, and the balance of Albertsons stores.
  • 1999: Albertsons acquired American Stores' holdings.ref
  • Jun.1985: Jewel Companies Inc was incorporated, and the company renamed.OC
  • Jun.1984: American Stores Company acquired Jewel Companies Inc in a hostile takeover.ref
  • 1980: Sav-on Drugs was acquired.
  • 1978: Turn Style: Jewel decided to focus on its core business, and sold Turn Style to May Department StoresWikipedia-W.svg.
  • 1966: Buttrey Food and Drug Stores in Montana was acquired.
  • 1964: Star Market was acquired. Jewel chose to retain Star Market's name and identity, building many combination food-drug stores that were branded as "Star-Osco".ref
  • 1962: Turn Style Department Stores was acquired.
  • 1961: Turn Style, a chain of discount department stores, was acquired.
  • 1961: Osco Drug, the LL Skaggs chain, was acquired to expand into the retail drugstore business, developing combination and side-by-side food and drug stores.
  • 1960: Expansion: Jewel acquired several chains, including Osco Drug.
  • 1957:
    Eisner-Food-Stores.svg
    Eisner Food Stores, a 43-store chain in downstate Illinois and Western Indiana, was acquired, and maintained as a separate division. The brand gradually disappeared after 1984, when American Stores merged Eisner into Jewel, converting all stores to the Jewel name, and slowly sold off former Eisner properties. Eisner Food StoresWikipedia-W.svg
  • 1934: Jewel Food Stores merged with Jewel Tea Company.
  • 1932: Middle West Stores Company: 4 Chicago grocery stores were bought from the Middle West Stores Company.
  • 1932:
    Jewel-Food-Stores-19xx-1980.svg
    Jewel Food Stores Inc was formed to acquired a chain of 77 self-serve retail stores in Chicago from Canadian firm Loblaw Groceterias Inc, when that company partially exited the USA market.
  • 1930s: Green River Ordinance: The enactment of the “Green River Ordinance,” which prohibited door-to-door solicitation, encouraged the company to move into the retail food business. See also Green River OrdinanceWikipedia-W.svg
  • 1902: Jewel Tea Company: Frank Skiff partnered with his brother-in-law Frank P Ross, and re-named the company. The routemen called on customers every other week directly to their homes. OC
  • 1899: Frank Skiff began a venture of door-to-door salesmen selling tea and coffee from the back of horse-drawn wagons.

Osco Drug

  • 1961: Jewel Food Stores Inc acquired Osco Drug to expand into the retail drugstore business.
  • 1942: Owners Service Company (Osco): Self-Service Drug Inc was dissolved, and succeeded by Owners Service Company, a partnership of LL Skaggs, HB Finch, Paul Stratton and George Hilden.
  • 1938: Self-Service Drug Inc: when opening a 2nd store in Iowa, Skaggs and Finch discovered the name "Payless" was already taken, so the chain changed its name.
  • 1937: Payless Drug: LL Skaggs and Harold Finch founded a chain of self-service dug stores in the Midwest, similar to LJ Skaggs' stores in the West.
Sources: Our History. Albertsons Companies. Original archived on Oct.02.2019.

Sav-on Drugs

  • 1980: Jewel Food Stores Inc acquired Sav-on Drugs.
  • 1945: Sav-on Drugs: CJ Call and Ira Brown opened the 1st Sav-on Drug store in San Bernardino, California.
Sources: Our History. Albertsons Companies. Original archived on Oct.02.2019.

Websites


Sources: link, AR-2003, AR-2004, [link], [link],

References

  1. ^ Ripe for Change. Oxfam launches a new campaign to expose the root causes behind human suffering in food supply chains, and to mobilize the power of people around the world to help end it, starting with a focus on the role of supermarkets. The Supermarkets Scorecard is on page 24. Robin Willoughby, Tim Gore, Oxfam International, Jun.21.2018.