Albertsons is an American grocery chain that was founded in 1946. The company is headquartered in Boise, Idaho and operates 2,231 stores across the United States. Albertsons is the second largest grocery chain in the United States after Kroger.
The company was founded by Joe Albertson and Jack Brown in Boise, Idaho. Albertsons began as a small grocery store with just a few employees. The company has grown significantly over the years and now employs over 250,000 people.
Albertsons reported revenue of $59.8 billion in 2018. The company’s net income was $515 million in 2018. Albertsons’s net worth is $8.3 billion as of 2019.
Albertsons is a publicly traded company. The majority of the company’s shares are owned by Cerberus Capital Management, a private equity firm.
What is Albertsons net worth? As of 2019, Albertsons’s net worth is estimated to be 8.3 billion dollars.
