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SuperValu and CVS agree to purchase Albertsons, so claims da news.

The Albertsons brand names (Albertsons, Acme, Jewel, Shaws, Star Market, Bristol Farms, etc.) will apparently live on for a while, but the standalone Sav-On and Osco stores will be converted to CVS. In-store Sav-On and Osco will be retained by Supervalu and rebranded to that store's pharmacy.

Comments

( 10 comments — Leave a comment )
cahwyguy
Jan. 23rd, 2006 07:19 pm (UTC)
Quite interesting. I do recall when Albertson's purchased Luckys. More significantly, I remember when CVS pulled out of the Los Angeles area, and all of the CVS's were rebranded as Savon Express. What goes around, comes around. Shades of another AT&T (or should that be at&t).
jumbach
Jan. 24th, 2006 02:40 am (UTC)
Lucky was an excellent store, then Albarfson's came along and ruined it. I've been sour toward The Big A ever since.
talonvaki
Jan. 23rd, 2006 07:23 pm (UTC)
Wow.
Albertsons bought Star Market/Shaws a while ago...CVS is huge here.
This will be interesting.
drbear
Jan. 23rd, 2006 07:30 pm (UTC)
That's a semi-major change for us - Osco has several locations in GB, but CVS isn't in Wisconsin (tho soulique is familiar with them from Georgia). Actually, we use Walgreens for short-run prescriptions, mail-order from insurance for the maintenance drugs. But the Osco was nearby (about 5 blocks away) and we'd stop there for emergency stuff.

Supervalu (which runs stores under its own name and Cub Foods, among others) is very big in this area.
zarchasmpgmr
Jan. 23rd, 2006 08:56 pm (UTC)
Well now.

There goes Boise's second largest employer.

And I always wonder what's up when a larger company is bought out by a smaller company.

OTOH, maybe that means Cub Foods will finally spring up out here.

I just hope Raley's stays independent.
jumbach
Jan. 24th, 2006 02:41 am (UTC)
Did I ever tell you that my mother worked for Raley's for 13 years (1981-1994) until she got sick? It was a great company to work for. But then Tom Raley died, the kids took over, and the store went to pot. Kind of like a certain other Arkansas-based discounter.
jumbach
Jan. 24th, 2006 02:42 am (UTC)
You probably won't believe this, but I honestly don't know: Does Sav-On exist down there in Sac? I don't remember seeing one, though Walgreen's (very similiar to CVS) is on every block.
wtf
Jan. 23rd, 2006 10:11 pm (UTC)
That should be interesting in Chicago, where CVS is just beginning to make inroads, but Jewel/Osco is HUGE. Look out, Walgreens!

For the record, I know of 4 Walgreens, one Osco, two Jewel/Osco grocery stores, and one CVS within a 15 minute drive of my house. People must take a crapload of drugs around here @_@
othertim
Jan. 23rd, 2006 11:59 pm (UTC)
When CVS got half of Eckerd (thus increasing their presence in Florida and Texas exponentially) I got to go down there for two and a half months to help with the conversion. I'm really hoping that they do something similar here with Albertson's. I loved being down there, and not just because I had virtually all expenses paid.
lambertman
Jan. 24th, 2006 04:34 pm (UTC)
CVS has been on a building spree around here, shutting down the old tiny locations that used to be Revco and, before that, Indiana's Own Hook's (*moment of reverential silence*). Now they'll be picking up an Osco chain that has a bunch of really ugly locations. It'll be interesting to see if they stay open - many of them are across the street from current Walgreen's, so it might make sense to keep 'em.

Albertson's sold all the Jewels around here while I was still in high school, so Safeway won't be returning to the area just yet (they closed all the area Cub Foods stores a few years back because of too much competition, but they could make a bid for Marsh.)

Oddly enough, we do have a few stores of an unrelated chain called Safeway (formerly Preston Safeway).
( 10 comments — Leave a comment )