Skip to Content
  • Previous Rank
    141
  • Revenues ($M)
    $59,925
  • Revenue Percent Change
    0.4%
  • Profits ($M)
    $46.3
  • Profits Percent Change
    -
  • Assets ($M)
    $21,812.30
  • Employees
    275,000

Despite its 2015 merger with fellow grocery chain Safeway, Albertsons faces competition from Amazon’s expanding food empire and Walmart’s investments into shopping technology. Albertsons is trying to strike back with the acquisition of struggling pharmacy chain Rite Aid, which would make the combined company worth about $24 billion. (The companies believe customers will appreciate a place to shop for groceries and drugs at once.) But some of Rite Aid’s shareholders threatened to veto the deal, worried they won’t get a fair premium in the new, combined company. And questions remain if the stagnating Rite Aid is the right business to push North America’s second-largest supermarket chain forward.

Company Information

Figures are for fiscal year ended Feb. 28, 2018.
CEO
Robert G. Miller
Sector
Food & Drug Stores
Industry
Food & Drug Stores
HQ Location
Boise, Idaho
Websitehttp://www.albertsonscompanies.com
Years on Global 500 List14
Employees275,000
Created with sketchtool.Created with sketchtool.Looking for leads, investment insights, or competitive intelligence?Purchase Now

Albertsons Cos. Rank History

placeholder

Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$59,9250.4%
Profits ($M)$46.3-
Assets ($M)$21,812.30-
Total Stockholder Equity ($M)$1,398.20-

Profit Ratios

Profit as % of Revenues0.1%
Profits as % of Assets0.2%
Profits as % of Stockholder Equity3.3%