Wednesday, January 15, 2014

Albertsons Closing 26 Stores 7 in the Northwest, None in Idaho

Posted By on Wed, Jan 15, 2014 at 12:30 PM

Albertsons is dramatically different from the store that Joe Albertson first opened in Boise nearly 75 years ago. Albertsons Incorporated grew to nearly 2,500 stores from coast to coast by the early 21st century, operating under the names Albertsons, Acme, Bristol Farms, Shaw's and Star Markets. Then in 2006, Albertsons was sold to Minnesota-based Supervalu and that conglomerate ultimately sold off many of its under-performing stores.

But a new incarnation of Albertsons, again based in Boise, decided to reinvest in a core group of Northwest stores, hiring about 900 new employees in Idaho. The Boise-based company says it continuously evaluated its stores and would occasionally close down its less-profitable locations.

This morning, Albertsons said that it would close down seven of its 111 Northwest stores, none of them in Idaho. Albertsons currently operates 33 stores in the Gem State, most of them in the Treasure Valley.

Albertsons announced it would close stores in Albany, Ore., Bothell, Wash., Pendleton, Ore., Tacoma, Wash., and Vancouver, Wash.

Additionally, Albertson has indicated that three of its Idaho stores would soon change ownership, including one store in Burley which, according to the Twin Falls Times-News, will be converted into a Stokes Fresh Food Market grocery store with an adjacent True Value hardware store.

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