T. Ozbun
Research expert covering food retail and all food topics for Italy and Brazil
Albertsons Companies Statistics & Facts
Albertsons Companies, Inc., founded by Joe Albertson in 1939 in Boise, Idaho, is a grocery company operating in the United States. Over the years, the company has expanded its business operations and opened its 100th store in the early 1960s. However, a planned merger with Kroger, another leading supermarket chain in the United States, is expected to shake up the country's retail market. With more than 2,270 stores and 290,000 employees, Albertsons is already one of the largest supermarket chains in North America. Kroger, on the other hand, has opened more than 2,700 stores in 36 states across the U.S. Together, the two companies would dominate the U.S. supermarket industry and catch up with retail giant Walmart.
The company's financial performance has enabled it to establish itself as a major player in the industry, where U.S. grocery store sales exceeded 848 billion U.S. dollars in 2022. Although Walmart holds the top retailer position in terms of sales, Albertsons ranks tenth, still behind supermarket leader Kroger. However, as mentioned above, a merger between Albertsons and Kroger would propel them to second place, just behind the Arkansas-based retail giant.
Key figures of Albertsons
In 2022, Albertsons net sales and other revenues exceeded 77 billion U.S. dollars, and its pharmacy segment generated about 6.8 billion U.S. dollars in revenue. The company's operating income soared from 359 million U.S. dollars in 2015 to more than 2.4 billion U.S. dollars in 2021, before declining slightly in 2022. Most of Albertsons’ stores are over 50,000 square feet and offer a variety of amenities, including pharmacies, bakeries, coffee shops, salad bars, and sometimes in-store banks. This enhances the company's position in the industry, where it ranked fifth based on sales per store among the leading supermarkets.The company's financial performance has enabled it to establish itself as a major player in the industry, where U.S. grocery store sales exceeded 848 billion U.S. dollars in 2022. Although Walmart holds the top retailer position in terms of sales, Albertsons ranks tenth, still behind supermarket leader Kroger. However, as mentioned above, a merger between Albertsons and Kroger would propel them to second place, just behind the Arkansas-based retail giant.
Albertsons’ awareness and popularity
Although ranked lower than other competitor grocers chosen by consumers for shopping, Albertsons still holds a significant presence in terms of brand awareness, with 54 percent of U.S. internet users recognizing it. Albertsons banner’s chains have a leading position in the grocery category in terms of share of visits in eight U.S. states, mainly in the western half of the country. The brand is more popular among younger generations than older ones and, in the first quarter of 2023, held the second-largest share of all grocery store chain visits in the U.S., trailing just behind Kroger.
