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Albertsons - The history
In 1939, Joe Albertson took $5,000 that he managed to save and borrowed $7,500 from his wife’s aunt Bertie, and decided to partner with L.S. Skaggs to open his first Albertsons store on 16th and State Streets in Boise, Idaho.
Joe had a vision of running his business from the very beginning; his mission was to sell customers good products they need at a reasonable price. He also tried to think innovatively. He was one of the first with a scratch the bakery and fresh ice cream made in store. To open and maintain his first store, Joe worked very hard. Thanks to his determination, he not only managed to achieve success with the first store, but he also managed to open the next two stores within the next two years.
Nowadays, Albertsons operates as a banner of Albertsons Companies, who managed to be the largest retailer in the US with stores across 35 states.