“Today we are a $57 billion dollar company with 250,000 employees, the second biggest traditional grocery chain in America and the good news is we are headquartered in Boise.”-Bob Miller, CEO Albertsons-Safeway, 08 June 2015
Despite the optimism of the new Albertsons-Safeway, they’ve agreed to settle a lawsuit brought by three hedge funds who held stock in Safeway. The three hedge funds combined will now get an additional $127-million USD for their shares of Safeway!
Cerberus controlled and AB Acquisition owned Albertsons-Safeway blaming an expired lease and a greedy property owner for the shutdown of its Beaverton, Oregon, grocery store. The 20 years old store is scheduled to shutdown on the 20th.
Albertsons-Safeway administrators claimed “We were caught by surprise” by a rent increase, however, a commercial property analyst called Bull-Shit on that: “They are never caught by surprise! Every big retailer is in the real estate business whether they say so or not!”-Jeff Sackett, Capstone Partners
In Poulsbo, Washington, the Albertsons will shutdown on 05 July because it is “an underperforming store”, according to company administrators. However, I discovered the real reason for the shutdown is because there is a Safeway just across the street! 60 jobs will be lost.
In Pennsylvania, the last Albertsons-Safeway owned Genuardi’s grocery store shutdown: “We’re the last store that will have the Genuardi banner out there because the lease has expired and the landlord and Safeway agreed to exit the market…..it just happened a little faster than we expected….”– John Vuotto, employee relations
To add insult to the injury of the Genuardi’s shutdown (and the ongoing shutdowns everywhere), Safeway claims they will hire 2-thousand temporary summer-time employees across the Mid-Atlantic region of the U.S.: “This full-scale push to hire well beyond attrition is something we have not done for a very long time.”-Lisa Umali, eastern division human resources director
In Henderson, Nevada, a fire damaged a Albertsons-Safeway controlled Vons grocery store. The store has re-opened.
In Arcata, California, a Safeway was evacuated after people began feeling faint. Firefighters determined a relief valve for coolant failed and the refrigerant gas leaked into a generator room.
27 May 2015: Albertsons Safeway shuts down Tom Thumb stores!
Updated list:
Manitoba, Canada: Sobeys-Safeway announced it will shutdown it’s King Edward Street warehouse by 2016, at least 172 jobs lost!
Arizona, U.S.A.: Peoria Safeway and Claypool Safeway will shutdown in June, at least 94 jobs affected. The following grocery stores will become Haggen; Anthem Safeway, two Tucson Safeways, Tucson Albertsons, two Scottsdale Albertsons, Flagstaff Albertsons, Prescott Valley Albertsons. In Lake Havasu, three Safeway and seven Albertsons are being switched over to Haggen.
California, U.S.A.: The new Albertsons-Safeway issued more layoff WARNs saying another 21 Safeway employees will be laid off in June. Two Albertsons-Safeway owned Vons stores will shutdown in Fresno, by June, 127 jobs lost! Albertsons-Safeway laid off 129 people from their Pleasanton HQ in April. Albertsons-Safeway issued a WARN saying another 188 layoffs are scheduled for the Pleasanton by the end of May! Albertsons-Vons announced it will shutdown its Riverside La Sierra Plaza Vons and two Bakersfield Vons in May, because they are “not meeting company goals.” Arcadia Vons Pavillions SuperStore shutdown on 18 March 2015, at least 168 jobs lost! The 32 years old Hemet Vons shutdown on 28 December 2014, at least 55 jobs lost. Company administrators claimed it had nothing to do with the hostile takeover by Cerberus. Marina Del Ray Albertsons, shutdown by 26 February 2015, at least 80 jobs lost. Pleasanton Safeway HQ laid off at least 26 people in February 2015. In Pleasonton, Safeway laid off an additional 18 HQ employees in March. A San Diego Albertsons shutdown by 26 February 2015, at least 63 jobs lost. The following additional grocery stores will become Haggen; Vons in Palm Desert, Pavillions in Rancho Mirage, two Santa Barbara Albertsons, two Goleta Vons, Lompoc Albertsons, Paso Robles Vons, Arroyo Grande Albertsons, San Louis Obispo Albertsons, Atascadero Albertsons, Los Osos Vons, Palmdale Albertsons, three Bakersfield Albertsons (don’t be surprised if at least one is closed), two Simi Valley Albertsons, Simi Valley Vons, Oxnard Albertsons, Carpinteria Vons, Camarillo Albertsons, Ventura albertsons, Yorba Linda Albertsons, two Tustin Vons, Mission Viejo Vons, Mission Viejo Albertsons, Trabuco Canyon Albertsons, Laguna Beach Albertsons, Laguna Niguel Vons, Corona Del Mar Albertsons, Irvine (Vons) Pavillions, eight San Diego Albertsons (don’t be surprised if several are closed), San Yisidro Albertsons, Rancho Bernardo Albertsons, Coronado Albertsons, San Marcos Vons, two El Cajon Vons, Santee Albertsons, Poway Albertsons, Del Mar Albertsons, two Carlsbad Albertsons, two La Mesa Vons, three Chula Vista Vons (don’t be surprised if at least one is closed), Upland Albertsons, Diamond Bar Vons, Rancho Cucamonga Albertsons, Chino Hills Vons, Burbank Albertsons, Woodland Hills Vons, Westlake Village Albertsons, Thousand Oaks Albertsons, Santa Clarita (Vons) Pavillions, Saugus Vons, Newbury Park Vons, Tujunga Albertsons, Long Beach Albertsons, two San Pedro Albertsons, Lomita Albertsons, Torrance Albertsons, Santa Monica Albertsons, three Redondo Beach Albertsons (don’t be surprised if at least one is closed), two Los Angeles Albertsons.
Colorado, U.S.A.: Redlands Safeway, Castle Rock Safeway, Thornton Safeway, Westminster Safeway, three Aurora Safeways, Littleton Safeway, Denver Safeway and Centennial Safeway, hundreds of jobs lost by June! Colorado Springs Albertsons shutdown in March. Cerberus administrators say it has nothing to do with their takeover of Safeway-Vons: “That store basically has not been profitable for quite some time, despite the best efforts of our company and associates there and the location…..That’s why we’re closing it.”
Florida, U.S.A.: Albertsons issued a WARN saying they will shutdown their Clearwater store in May, 86 jobs lost.
Hawaii, U.S.A.: Drugs pusher Walgreens canceled plans to open a pharmacy in the Kauai Safeway: “As part of this process, Walgreens did a comprehensive financial reassessment of its plans to open a new store in Lihue on Kauai, and have concluded that it is not in the company’s best interests to move forward with opening a store in that location.”
Illinois: The Jewel-Osco HQ in Itasca was sold for $23.7-million. A local news report implied it was the result of the hostile takeover of Safeway by Albertsons.
Nevada, U.S.A.: The following grocery stores will become Haggen; Boulder City Vons, three Henderson Albertsons (don’t be surprised if at least one is closed), three Las Vegas Vons (don’t be surprised if at least one is closed).
Oregon, U.S.A.: Beaverton Albertsons being shutdown on 20 June, 68 jobs affected. In Lake Oswego, Albertsons taken over by Haggen. Cerberus administrators made the exact same claim as in their Colorado Springs shutdown saying “The store has not been profitable for quite some time.” This is interesting because according to local news reports there are only two grocery stores in the city! In Lake Grove, the Albertsons being switch over to Haggen. Safeway shutting down their Clackamas regional office, 91 jobs lost by March. Safeway in Ashland, two in Klamath Falls and one in Springfield to become Haggen. Albertsons in Baker, Beaver, two in Bend, one in Clackamas, two in Eugene and in Grants Pass, one in Keizer, Milwaukee, Sherwood, West Linn and two in Tigard.
Pennsylvania: The last Safeway owned Genuardi’s grocery store shutdown, 40 jobs lost.
Texas, U.S.A.: Arlington Tom Thumbs shutting down in June, at least 45 jobs affected. In East Dallas, an Albertsons was renamed Minyard Sun Fresh Market. Reports said the grand opening was delayed due to problems switching over the cash register system. A second East Dallas Alberstons became Minyard Sun Fresh Market on 16 February. Only one of the three East Dallas Albertsons will remain Albertsons. One store manager said the changes are a direct result of the takeover of Safeway. Interestingly I found a report that said Cerberus swore there would be no name changes after the takeover of Safeway, but they failed to explain the sale of 12 stores to RLS Supermarkets (apparently the result of a court order). The Tom Thumb grocery stores in Bedford and Grapevine converting to Minyard Sun Fresh Market.
Washington, U.S.A.: The Poulsbo Albertsons shutting down in July, 60 jobs affected. The Safeway in Spokane Valley shutdown in March, 60 jobs lost. Company administrators said it was not due to the takeover by Cerberus controlled Albertsons, but that the lease expired and it wasn’t worth renewing it. In Kirkland, reports that Goodwill thrift store is taking over the now vacant Albertsons store. Haggen took control of the Monroe Albertsons. Safeway becoming Haggen in Gig Harbor and Tacoma beginning in March. Albertsons becoming Haggen in Olympia, Puyallup, Tacoma and Lakewood beginning in March. Albertsons becoming Haggen in Federal Way and Milton by June. Albertsons in Port Angeles, Wenatchee and Shoreline becoming Haggen in February. Albertsons in Redmond, Walla Walla, Snohomish, Silverdale, Burien, becoming Haggen in March. Albertsons in Seattle, another one in Burien, Renton, Bremerton and Milton becoming Haggen in June. Shoreline Safeway becomeing Haggen in February. Safeway in Everett, Renton, Oak Harbor and Port Orchard in March. Liberty Lake Safeway becomes Haggen in June.
WARN=Worker Adjustment & Retraining Notification