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Albertsons acquires Safeway, restructuring continues

PUBLIC · ACIAug 17, 2026•about 2 hours ago

Acquiring Company

Albertsons Companies

Acquired Company

Safeway

BoiseFood and BeverageFood And BeverageE CommerceGroceryRetailFood and BeverageGroceryRetailDelivery

Description

Albertsons Companies continues its restructuring after its failed merger with Kroger. The company, which owns Safeway, is closing multiple locations and placing affected employees at other stores. Despite the challenges, Albertsons remains committed to optimizing its operations and navigating a competitive grocery landscape.

Company Information

Company

Albertsons Companies

Location

Boise, Idaho, United States

About

Albertsons Companies is a leading food and drug retailer in the United States. As of September 9, 2023, the Company operated 2,272 retail food and drug stores with 1,726 pharmacies, 401 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Columbia with 24 banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2022, along with the Albertsons Companies Foundation, the Company contributed more than $200 million in food and financial support, including more than $40 million through our Nourishing Neighbors Program to ensure those living in our communities and those impacted by disasters have enough to eat.

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Frequently asked

Who acquired Safeway?

Safeway was acquired by Albertsons Companies, based in Boise. The deal was reported on August 17, 2026. Albertsons Companies is a leading food and drug retailer in the United States. Albertsons Companies is publicly traded (ACI) and operates in Food and Beverage.

When did Albertsons Companies acquire Safeway?

Albertsons Companies's acquisition of Safeway was reported on August 17, 2026. Albertsons Companies continues its restructuring after its failed merger with Kroger. The company, which owns Safeway, is closing multiple locations and placing affected employees at other stores. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Safeway do?

Safeway is a supermarket chain providing groceries and household products. The company focuses on customer satisfaction and quality service. It has a long history in the United States and continues to expand its offerings. It is privately held, operating in Food and Beverage.