Albertsons Companies, Inc. (ACI) operates food and drug stores in the United States. The company’s food and retail drug stores offer groceries, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. In addition, it manufactures and processes food products for sale in stores.
On October 14, ACI and Kroger (KR) entered a definitive agreement under which the companies will merge two complementary organizations with iconic brands and deep roots in their local communities to establish a national footprint. Combining two well-known and trusted supermarket banners should expand customer reach.
