- Albertsons, which is acquiring the 1,331 stores, 13 distribution centers, and 19 manufacturing plants owned by Safeway, announced details on how the company will be structured post-merger.
- The company will have three corporate headquarters - one in Boise, where Albertsons is based; one in Pleasanton, CA, home of Safeway; and one in Phoenix.
- The Safeway name and that of other chains in the Safeway family, such as Tom Thumb and Vons, will continue on.
The details on the post-merger structure provide a clear picture of just how unclear a process it is to continuously buy and merge companies, as owners Cerberus Capital Management have done. The new Albertsons, which will include chains such as Jewel-Osco, Lucky, Shaws, Star Market, Randalls, Carrs and a slew of others, will be broken into 14 divisions operating in three regions.