Albertsons Companies is one of the largest food and drug retailers in the US. Founded in Boise, Idaho in 1939, today it operates 2,522 stores, through 22 subsidiaries, across 34 US states. Albertsons Companies was formed in 2015 with the multi-billion dollar merger of its predecessor Albertson's and Safeway Inc. The company derives the majority of its revenue from food products, but also has significant activities in pharmaceutical products and fuel.
Albertsons Companies ranks 44th amongst its peers in the food retailer segment, showing below average performance across all measurement areas. While the company provides disclosure on some environmental issues, it has significant room for improvement. Moreover, given its consumer-facing role, the company lacks commitments on key topics such as improving the availability of healthy foods, responsible marketing and clear labelling of its products. Similarly, the company performs poorly on key issues in the social inclusion measurement area. The company also shows below average performance when ranked against its peers in the food and beverage processors and manufacturers segment.
More about the company
- Boise, Idaho, United States of America
- Food and agriculture revenue USD
- Group revenue USD
- Onwnership structure
- Publicly listed
- Number of employees