Joe Albertson Organization founder

Joseph Albert "Joe" Albertson (October 17, 1906 – January 20, 1993) was the founder of the Albertsons chain of grocery stores and a notable philanthropist. Albertson was born in Yukon, Oklahoma Territory. He was one of four sons born to Rhoda and Earl Albertson. Before he was three, the family moved to Caldwell, Idaho, in 1909, where Joe grew up. After graduating from Caldwell High School in 1925, Albertson studied business for two years at the College of Idaho in Caldwell. While in college in 1927, he began his career in the grocery industry as a clerk at a local Safeway store. In 1930, Joe married his college classmate Kathryn McCurry, of Boise, Idaho. They had one daughter, Barbara Jean Newman. Albertson quickly moved through the ranks with Safeway, until he was supervising more than a dozen stores. But he was not satisfied and wanted to start his own store—one that he could build to his own specifications and manage his own way. With $5,000 of the money he and Kathryn had saved, and with $7,500 borrowed from his wife's aunt, Albertson formed a partnership with L.S. Skaggs, a former Safeway division manager, and Tom Cuthbert, Skaggs' accountant.

Personal details

Date of birth
October 17th, 1906
Nationality
United States of America
Date of death
January 20th, 1993 at age of 86
Place of death
Boise, Idaho, United States of America
Places lived
Boise , Idaho
pop. 214,237 (2013)

Family

Spouse

Education

1. College of Idaho Colleges/University

The College of Idaho is a liberal arts college with an enrollment of 1,010 students located in Caldwell, Idaho, United States. From November 1991 until October 2007 it was known as Albertson College of Idaho.

Type Mixed-sex education
Endowment
2010. 78.9 mil. $
Founded
1891
Headquarters
2112 Cleveland Blvd, 83605 - Caldwell, Idaho
Undergraduates
2010. 1,034
2009. 1,002
Postgraduates
2010. 21
2010. 21
Acceptance rate
2010. 92.0 %
2010. 65.0 %
Local tuition
2010. 20.6 K $
Official web page www.collegeofidaho.edu
Wikipedia article

Institution social analysis

Notable alumni by gender
Notable alumni by party membership

People attended College of Idaho connected by profession and/or age

b. 1909., Politician
b. 1942., U.S. Congressperson
b. 1959., Politician
b. 1940., Broadcast Artist
b. 1973., Baseball Pitcher
b. 1958., Politician
b. 1933., Judge
b. 1934., American Football Wide receiver

Organizations founded

1. Albertsons

Grocery store, Retail

Date funded

1939

Official web page

Lidership history

Robert Miller
- Chief Executive Officer

Social media

Headquarters

250 EAST PARKCENTER BOULEVARD, 83706 - Boise, Idaho

Wikiedia article

Albertsons LLC is an American grocery company founded and based in Boise, Idaho. In July 2014, it acquired Safeway Inc for $9.2 billion. The newly merged company has more than 2,400 stores and over 250,000 employees, which makes it the second largest supermarket chain in North America after The Kroger Company, which has 2,424 stores. The deal is expected to close during the fourth quarter 2014, pending a review by the Federal Trade Commission. Prior to the merger it had 1,075 supermarkets located in 29 U.S. states under 12 different banners. Its predecessor company, Albertsons, Inc., was sold to Albertsons LLC, CVS Pharmacy, and SuperValu Inc. in 2006. CVS acquired the freestanding drugstores while the Cerberus-led consortium and Supervalu divided the supermarket divisions among themselves. After selling the majority of its stores to various buyers, in January 2013, Albertsons LLC, acquired SuperValu's remaining Albertsons stores, as well its ACME, Jewel-Osco, Shaw's and Star Market brands, in exchange for $100 million in cash and $3.2 Billion in SuperValu debt. The sale was completed by March 2013.

Board members

A. Gary Ames
Bonnie G. Hill

Namesakes

1.Albertsons

Grocery Stores Business
Albertsons LLC is an American grocery company founded and based in Boise, Idaho. In July 2014, it acquired Safeway Inc for $9.2 billion. The newly merged company has more than 2,400 stores and over 250,000 employees, which makes it the second largest supermarket chain in North America after The Kroger Company, which has 2,424 stores. The deal is expected to close during the fourth quarter 2014, pending a review by the Federal Trade Commission. Prior to the merger it had 1,075 supermarkets located in 29 U.S. states under 12 different banners. Its predecessor company, Albertsons, Inc., was sold to Albertsons LLC, CVS Pharmacy, and SuperValu Inc. in 2006. CVS acquired the freestanding drugstores while the Cerberus-led consortium and Supervalu divided the supermarket divisions among themselves. After selling the majority of its stores to various buyers, in January 2013, Albertsons LLC, acquired SuperValu's remaining Albertsons stores, as well its ACME, Jewel-Osco, Shaw's and Star Market brands, in exchange for $100 million in cash and $3.2 Billion in SuperValu debt. The sale was completed by March 2013.
Founded Headquarters Official website
1939
250 EAST PARKCENTER BOULEVARD, 83706 - Boise, Idaho

Wikipedia

Check Joe Albertson on wikipedia.

Facebook comments