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Marcuz said he started at Safeway as a courtesy clerk and spent 13 years of his career in management before taking on a new ...
That year, Albertsons Inc. did what Safeway did eight years later: Gave in to pressures from discount retailers and put itself up for sale. The company was sold in three pieces for $17.4 billion.
The $24.6 billion purchase of Albertson, announced in October 2022, originally was designed to involve nearly 2,300 Albertsons and Safeway stores nationally, to complement Kroger’s lineup of ...
Albertsons parent Cerberus Capital Management is setting its sights on the grocery throne currently occupied by Kroger, buying up rival Safeway Inc. in a deal valued at more than $9 billion.
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