Last Updated on 12/14/2020 by GS Staff
Q: Does Kroger own Safeway grocery stores?
No, Kroger does not own Safeway. Kroger owns many stores but Safeway is not one of them.
Safeway is owned by Albertsons Companies. Albertsons Companies is made up of the following business:
- Albertsons Market
- Andronico’s Community Markets
- Market Street
- Safeway Community Markets
- Star Market
- Tom Thumb
- United Express
- United Supermarkets
Albertsons Companies is a public company that trades on the New York Stock Exchange (NYSE) under the ticker symbol ACI. The company earned $68 billion over the last 12 months as reported in quarter 2 of 2020. They operate in 34 states and have approximately 2,250 retail stores. The market capitalization of Albertsons Companies was $7.137 billion at the time of this article.
SEE ALSO>>>Does Kroger own Publix?
Kroger Co. trades under the stock symbol KR and is listed on the NYSE. It is the parent company of the following businesses known as the “Kroger Family of Companies”:
- City Market
- Food 4 Less
- Foods Co
- Fred Meyer
- Harris Teeter
- Jay C Food Store
- King Soopers
- Pay-Less Super Markets
- Smith’s Food and Drug
The Kroger Co. is one of the largest U.S. retailers. It is in 35 states and consists of about 2,800 stores. Annual sales in 2019 were approximately $122 billion. The market capitalization of Kroger was $23.976 billion at the time of this article. One of the company’s top institutional holders is Berkshire Hathaway, which is headed by famed billionaire investor Warren Buffett.