Albertsons

Boise-based food and drug retailer

Overview

Albertsons Companies operates food and drug stores selling groceries, general merchandise, health and beauty products, pharmacy services and fuel.[2] Forbes records it was founded by Joe Albertson on 21 July 1939 and is headquartered in Boise, Idaho.[2] Sales were US$83.2bn, up 3.5%, while profit was US$217m, a margin of 0.3%, the thinnest among profitable companies in the ranking.[2] Its market value of US$8.1bn is the lowest of the 25. Albertsons holds thirteenth place and employs 280,000 people.[2]

Albertsons strengths and limitations

Strengths

  • Thirteenth-largest sales
  • Pharmacy operations
  • Broad US store network

Limitations

  • Profit margin 0.3%
  • Lowest market value in the ranking
  • US-only operations

Appears in

Albertsons peers and competitors

Companies ranked in the same lists as Albertsons.

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