If you’re an Albertsons or Safeway/Tom Thumb shopper, here’s some interesting news for you! Yesterday, Safeway and Albertsons announced a “definitive merger agreement” which will result in a network that includes over 2,400 stores Check out this Press Release for more information.
Here in the DFW area, Albertsons has a more generous coupon policy (4 similar coupons in same transaction can be doubled as opposed to Tom Thumb’s limit of 1 like coupon doubling). Will be interesting to see how coupon policies change over the coupon months. We’ll keep you informed!
Highlights About the Combined Company
The Merger is expected to close in the fourth quarter of 2014.
The Merger will create a diversified network that includes over 2,400 stores, 27 distribution facilities and 20 manufacturing plants with over 250,000 dedicated and loyal employees. No store closures are expected as a result of this transaction.
Banners will include Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Albertsons, ACME, Jewel-Osco, Lucky, Shaw’s, Star Market, Super Saver, United Supermarkets, Market Street and Amigos.
The Merger will enable Albertsons and Safeway to implement operational best practices in order to offer customers an enhanced shopping experience and more competitive prices, while enabling the combined company to pursue industry-leading customer service in an increasingly competitive and dynamic marketplace. Realizing substantial cost savings will allow for investments that are expected to benefit customers, including price reductions as well as store remodels and refurbishments. The diversified network of retail assets, associated distribution centers and manufacturing assets will allow for a broader assortment of products, a more efficient distribution and supply chain, enhanced fresh and perishable offerings, and expanded private label alternatives for customers.