Albertsons is one of the world's largest food and drug retailers with annual revenues of nearly $40 billion. Based in Boise, Idaho, the Company has more than 241,000 employees and operates approximately 2,500 retail stores in 37 states across the United States, under banners including Albertsons, Acme, Bristol Farms, Grocery Warehouse, Jewel, Jewel-Osco, Max Foods, Osco Drug, Sav-on Drugs, Shaw's, Star Market and Super Saver. Albertsons completed the acquisition of JS USA Holdings in 2004, which operated 204 Shaw's and Star Markets stores in New England. Albertsons (also known as Sav-on Drugs, Sav-on Pharmacy, Osco Drug, Jewel-Osco, Acme & Shaws) is committed to a responsible and innovative pharmacy practice allowing it to meet the health care needs of its customers. Albertsons' pharmacies vary in size and configuration, encouraging patient and pharmacist interaction. Ample space is provided for patient counseling and monitoring. Albertsons currently operates 2,000 pharmacies in 37 states filling over 130 million prescriptions each year. Albertson's fiscal 2004 pharmacy sales were approximately $8.2 billion. Albertsons currently employs over 5,600 registered pharmacists. Albertsons announced in September 2005 that its Board of Directors is exploring strategic alternatives to increase shareholder value, including a possible sale of the company. |