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49 - Albertsons Cos.

SONY DSC Perry Day

The Boise, Idaho grocery company Albertsons returns to the Fortune 500 as a privately held enterprise with 2,200 stores and more than 250,000 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.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$58734
Revenue Percent Change115.9%
Profits ($M)$-502.2
Profits Percent Change%
Assets ($M)$23770
Market Value — as of March 31, 2017 ($M)$
Employees274,000
Previous Rank-

Company Facts

Employees274,000
SectorFood & Drug Stores
IndustryFood and Drug Stores
HQ LocationBoise, ID
CEORobert G. Miller
CEO Title-
Websitewww.albertsons.com
Years on Fortune 500 List13

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