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Albertson's LLC
Company Information

250 Parkcenter Blvd.
Boise, ID, 83706 United States
(208) 395-6200
http://www.albertsons.com

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Albertson's LLC Company Profile

Call it the incredible shrinking grocery chain. Albertson's LLC runs 600-plus Albertsons supermarkets in some 15 states, including California, Colorado, Louisiana, and Texas. That's all that remains of what was once the nation's #2 supermarket operator with about 2,500 stores. Stung by competition, the firm sold itself to a consortium that included rival grocer SUPERVALU, drugstore chain CVS, investment firm Cerberus Capital Management, and Kimco Realty for about $9.7 billion in 2006. SUPERVALU and CVS cherry-picked the company's best supermarket and drugstore assets. Subsequent closings and divestments, including 132 stores in Northern California and its Florida locations, further shrunk the firm.