Albertsons is one of the largest grocery store chains in the United States. The company operates over 2,200 stores in 33 states and employs over 250,000 people. Albertsons is a publicly traded company with a market capitalization of over $10 billion.
The company was founded in 1939 by Joe Albertson in Boise, Idaho. Albertsons was originally a chain of 10 stores in the Northwest.
The company has since expanded through acquisitions and new store openings. In 2015, Albertsons acquired Safeway, another large grocery store chain, for $9.2 billion.
Albertsons stock is traded on the New York Stock Exchange under the ticker symbol ABS. The stock is not a component of any major stock market index.
Albertsons does not offer direct stock purchase options to investors. However, investors can purchase shares of Albertsons through brokerages that offer commission-free trading. Some discount brokerages also offer commission-free trading for select stocks and ETFs.
Investors considering purchasing Albertsons stock should research the company thoroughly before making any investment decisions.
