Albertsons, started in 1939 with founder Joe Albertson’s first store at the corner of State and 15th streets, has more than 2,200 retail food and drug stores under 24 banners in 34 states.

The grocer’s CEO declared last month that it was in “strong financial condition,” but layoffs announced this week suggest a bumpy road ahead.

Kroger and Albertsons first proposed the merger in 2022 ... Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where their locations overlap to C&S ...

Since it was first announced in October 2022 ... stores being sold to C&S Wholesale Grocers, 485 of them are stores belonging ...

Shares of grocery retailer Albertsons (ACI) rose Wednesday morning after the company reported better third-quarter earnings than analysts had expected, while sales fell just short of estimates.

Kroger and Albertsons first proposed the merger in 2022 ... Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where their locations overlap to C&S ...

Albertsons executives focused on moving on from its scuttled merger with Kroger on Wednesday, as the supermarket chain raised its profit forecast and its CEO talked up investments meant to weather ...