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Tom Thumb is a chain of supermarkets in the Dallas–Fort Worth metroplex. It operates under the name Tom Thumb for traditional grocery stores and Flagship Tom Thumb for higher end stores in affluent areas. [citation needed] It makes up part of the Southern division of Albertsons.
Albertsons Companies, Inc. Albertsons Companies, Inc. [1] [2] is an American grocery company founded and headquartered in Boise, Idaho . With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, [3] [8] [6] the company is the second-largest supermarket chain in North America after Kroger.
Carrs–Safeway (formerly Carrs Quality Centers) is a supermarket chain that is based in Anchorage, Alaska, and is a subsidiary of Albertsons. It was acquired in April 1999 by former parent Safeway from an employee ownership group, who itself had purchased the company from founder Larry Carr and his partner Barney Gottstein in 1990.
What happens now that the Federal Trade Commission has taken legal action to stop Kroger’s proposed takeover of grocery rival Albertsons?
Harris Teeter was founded by William Thomas Harris and Willis L. Teeter, two entrepreneurs who started their separate businesses during the Great Depression in Charlotte, North Carolina. Harris opened a full-service drugstore called Harris Drugs and Teeter opened Teeters Food Mart, [8] later merging their two ventures.
As the Statesman reported in October, Albertsons is Idaho’s largest company, with $72 billion in yearly sales, about 290,000 employees nationwide and more than 5,000 employees in Idaho.
The Washington lawsuit or future litigation could kill the Kroger merger with Albertsons, according to antitrust experts.
Kroger-Albertsons merger. In October 2022, Kroger announced that it was buying grocery store chain Albertsons in a deal that valued the company at $24.6 billion. [1] On November 29, 2022, the chief executives of the two companies went before the antitrust panel of the Senate Judiciary Committee to defend the merger. [2]