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Albertsons - About the company
Albertsons is an acquired company based in Boise (United States), founded in 2015 by Joe Albertson. It operates as a Retailer of food and drugs. Albertsons has raised $1.75B in funding from Apollo Global Management, with last known valuation of $*****. The company has 479 active competitors, including 25 funded and 85 that have exited. Its top competitors include companies like Sprouts Farmers Market, Smart & Final and Safeway.
Company Details
Retailer of food and drugs. It offers a diverse range of products under various brand names, catering to different needs and preferences. Some of the products in their portfolio include dairy products, deli products, frozen foods, groceries, meat, seafood, snacks, wine, beer & spirits, bakery products, health & beauty care, baby care, and pharmaceutical products. . In 2022, the company recorded annual revenues of $71.88B and a net profit of $1.62B.
- Website
- albertsonscompanies.com
- Email ID
- *****@albertsons.com
- Phone Number
- +1 **********
- Registered Address
- Pleasanton,California
Key Metrics
Founded Year
2015
Location
Boise, United States
Stage
Acquired
Total Funding
$1.75B in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 18, 2020
Investors
Ranked
6th among 479 active competitors
Annual Revenue
$77.6B as on Feb 25, 2023
Employee Count
114,346 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Kroger (Oct 14, 2022)
Legal entities associated with Albertsons
Albertsons is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ALBERTSONS COMPANIES LLC CIN: 475579477 , United States, Active | $77.6B (As on Feb 25, 2023) | 215654 (As on Dec 31, 2024) | - |
Albertsons's acquisition details
Albertsons got acquired by Kroger on Oct 14, 2022. It was facilitated by Goldman Sachs, Citi, UBS and 1 more.
Click here to take a look at Albertsons's acquisition in detail
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Albertsons's funding and investors
Albertsons has raised a total funding of $1.75B over 2 rounds. Its first funding round was on Jan 22, 2020. Its latest funding round was a PE round on May 20, 2020 for $*****. 1 investor participated in its latest round. Albertsons has 2 institutional investors.
Here is the list of recent funding rounds of Albertsons:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 20, 2020 | 8429471 | PE | 2735779 | 3827031 | 6344940 | 3794882 |
Jan 22, 2020 | 2467568 | Conventional Debt | 2065756 | 2415528 | 9861347 | 1199418 |
Access funding benchmarks and valuations. Sign up today!View details of Albertsons's funding rounds and investors
Albertsons' founders and board of directors
Founder? Claim ProfileThe founders of Albertsons is Joe Albertson. Vivek Sankaran is the CEO of Albertsons.
Here are the details of Albertsons' key team members:
- Joe Albertson: Founder of Albertsons and founder of 1 other company. Contact Info: 1 email address
- Vivek Sankaran: CEO of Albertsons.
View details of Albertsons's Founder profiles and Board Members
Albertsons' employee count trend
Albertsons has 114,346 employees as of Mar 26. Here is Albertsons's employee count trend over the years:
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Albertsons's Competitors and alternates
Top competitors of Albertsons include Sprouts Farmers Market, Smart & Final and Safeway. Here is the list of Top 10 competitors of Albertsons, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sprouts Farmers Market 2002, Phoenix (United States), Public | Supermarket chain of organic food products | $237M | 75/100 | |
2nd | Smart & Final 1871, Commerce (United States), Acquired | Distributer of food & beverage | $310M | - | 71/100 |
3rd | Safeway 1926, Pleasanton (United States), Acquired | Food and Drug Retailer | - | 71/100 | |
4th | Hy-Vee 1930, Des Moines (United States), Acquired | Chain of pharmacies | - | - | 65/100 |
5th | Giant Eagle 1981, Pittsburgh (United States), Unfunded | Chain of pharmacies | - | - | 62/100 |
6th | _1580120179907.png?devicePixelRatio=2&height=30&width=30){kind=logo} Albertsons 2015, Boise (United States), Acquired | Retailer of food and drugs | $1.75B | 61/100 | |
7th |  Yesway 2015, West Des Moines (United States), Series D | Operates retail store of food products | $425M | 61/100 | |
8th |  Lowes Foods 1954, Winston-salem (United States), Unfunded | Online platform offering grocery products | - | - | 60/100 |
9th |  Schnucks 1939, St. Louis (United States), Unfunded | Retailer of grocery items, prepared meals, bakery, and floral products | - | - | 60/100 |
10th |  Weis Markets 1912, Sunbury (United States), Public | Limited information available | - | 59/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Albertsons's competitors? Click here to see the top ones
Albertsons's Investments and acquisitions
Albertsons has made no investments or acquisitions yet.
News related to Albertsons
Filter this listMedia has covered Albertsons for a total of 73 events in the last 1 year, 49 of them have been about company updates and 7 about people movement.
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Ruffer LLP Makes New Investment in Albertsons Companies, Inc. $ACIMarketBeat•Apr 22, 2026•Albertsons, Ruffer, Copa Airlines
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Albertsons Reaches $774 Million Opioid Accord, Records LossInsurance Journal•Apr 14, 2026•Albertsons
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Albertsons® Companies, Inc. Reports Fourth Quarter and Full Year ResultsBusiness Wire•Apr 14, 2026•Albertsons
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Tom Thumb Expands in North Texas with New Albertsons Store OpeningsGrocery Dive•Mar 10, 2026•Albertsons
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Grantham Mayo Van Otterloo & Co. Acquires 918,794 Shares of Albertsons Companies, Inc. $ACIMarketBeat•Mar 09, 2026•GMO, Albertsons
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Albertsons launches ‘Stock Up’ sale in bid to improve price imageGrocery Dive•Mar 06, 2026•Albertsons
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South Dakota Investment Council Invests $1.66 Million in Albertsons Companies, Inc.MarketBeat•Mar 06, 2026•Sd, Albertsons, Barclays
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
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