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  • Previous Rank
    -
  • Revenues ($M)
    $59,678
  • Revenue Percent Change
    1.6%
  • Profits ($M)
    $-373.3
  • Profits Percent Change
    -
  • Assets ($M)
    $23,755
  • Employees
    273,000

The Boise, Idaho grocery company Albertsons returned to the Global 500 as a privately held enterprise with 2,300 stores and 273,000 employees, making it the second-largest supermarket chain in North America after Kroger. In 2015 Albertsons closed its multibillion-dollar merger with grocery peer Safeway and filed for an IPO, but a weak industry forecast postponed a deal. More recently Whole Foods has reportedly kicked the tires on the company; Albertsons meanwhile continues to pare debt and invest in upgrades to attract shoppers.

Company Information

Figures are for fiscal year ended Feb. 28, 2017.
CEO
Robert G. Miller
Sector
Food & Drug Stores
Industry
Food and Drug Stores
HQ Location
Boise, ID
Websitehttp://www.albertsons.com
Years on Global 500 List13
Employees273,000
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Albertsons Cos. Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$59,6781.6%
Profits ($M)$-373.3-
Assets ($M)$23,755-
Total Stockholder Equity ($M)$1,371-

Profit Ratios

Profit as % of Revenues-0.6%
Profits as % of Assets-1.6%
Profits as % of Stockholder Equity-27.2%