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Safeway is an American supermarket chain founded in April 1915 in American Falls, Idaho by Marion Barton Skaggs. It is a subsidiary of Albertsons after being acquired by private equity investors led by Cerberus Capital Management in January 2015. Safeway's primary base of operations is in the west with some stores located in the Mid-Atlantic region of the Eastern Seaboard. The subsidiary is headquartered in Pleasanton, California, with its parent company headquartered in Boise, Idaho.
With 2,260 stores as of the third quarter of fiscal 2019 and 267,000 employees as of fiscal 2018, the company is the second-largest supermarket chain in North America after Kroger, which has 2,758 stores. Albertsons ranked 53rd in the 2018 Fortune 500 list of the largest United States corporations by total revenue. Prior to its January 2015 merger with Safeway Inc. for $9.2 billion, it had 1,075 supermarkets located in 29 U.S. states under 12 different banners. Its predecessor company, Albertsons, Inc., was reorganized as Albertsons LLC and sold to AB Acquisition LLC, a Cerberus Capital Management-led consortium. After buying back the majority of its former stores it sold to SuperValu in 2006, AB Acquisition announced it would change its name to Albertsons Companies Inc. in 2015. The company's corporate name was Albertson's until 2002, when the apostrophe was removed.
Acme Markets Inc. is a supermarket chain operating 164 stores throughout Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania and, as of 1999, is a subsidiary of Albertsons, and part of its presence in the Northeast. It is headquartered in East Whiteland Township, Pennsylvania, near Malvern, a Philadelphia suburb.
In 1948, Von's opened a pioneering store which offered self-service, pre-packaged produce, meat, and deli items. By 1958, it had doubled in size to 27 stores, the third-largest grocery chain in the Greater Los Angeles Area In 1960 it acquired the sixth-largest, competitor Shopping Bag, a merger that was challenged by the Federal Trade Commission on antitrust grounds. In 1966 the United States Supreme Court ruled against Von's in United States v. Von's Grocery Co., forcing a re-divestiture of the stores, which were eventually sold to Fisher Foods. The Von der Ahe family sold the chain to Household Finance Corporation in 1969. In 1970, Vons had 128 stores, making it the 2nd largest supermarket chain in southern California behind Safeway.
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