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Company type | Public |
---|---|
Industry | Retail |
Founded | 1917 |
Defunct | 1998 |
Fate | Acquired by Albertsons |
Headquarters | Original company in Philadelphia, Pennsylvania; Later moved to Salt Lake City, Utah |
Area served | United States |
Products | Food, Prescriptions, Liquor, Photo, General Merchandise |
Brands | Alpha Beta Skaggs Drug Center Skaggs Alpha Beta |
Revenue | $19.9 Billion USD (1998) |
Number of employees | 120,000 |
Subsidiaries | Acme Markets Alpha Beta Buttrey Food & Drug Jewel-Osco Lucky Stores Osco Drug Sav-on Drugs Star Market |
American Stores Company was an American public corporation and a holding company which ran chains of supermarkets and drugstores in the United States from 1917 through 1998. The company was incorporated in 1917 when The Acme Tea Company merged with four small Philadelphia-area grocery stores (Childs, George Dunlap, Bell Company, and A House That Quality Built) to form American Stores. In the following eight decades, the company would expand to 1,575 food and drugstores in 38 states with $20 billion (~$34.9 billion in 2023) in annual sales in 1998.