In January 2015, Albertsons announced that it would be acquired by AB Acquisition LLC. Upon completion of the merger, Albertsons became a privately held company owned by AB Acquisition LLC.
In September 2015, Albertsons announced that it would be acquiring Safeway Inc. for $9.2 billion. Upon completion of the merger, Albertsons became the second-largest grocery store chain in the United States with 2,247 stores and 250,000 employees. In March 2018, Albertsons announced that it was acquiring Rite Aid for $24 billion.
The CEO of Albertsons is Robert G. Miller. He has been the CEO since January 2015.