By Arlenys Tabare
Recently, one of the largest supermarket chains in the United States, Albertsons, announced that it will continue to close more stores this year in order to reduce its costs and improve profit margins.
Store closures began in early 2025 with more than 30 locations ceasing operations, when The company reported that it planned to cut up to $1.5 billion in expenses by 2027.
During that year, the company also cut about 225 corporate jobs at the Phoenix, Arizona, office and 156 at the California offices. Regarding these changes, Susan Morris, CEO of the company, commented: “We are taking a disciplined, market-by-market approach to brand optimization.”the modernization of stores, the densification of the market, where we have a chance of success, and the rationalization of stores where the economy presents structural challenges,” he said.
Among the Albertsons stores that will close this year are those located in:
- 1260 E Ontario Ave, Corona, CA 92881
- 6700 West Fwy, Fortress Price, TX 76116
- 1155 N Well-known St, Euless, TX 76039
- 1300 E Flamingo Rd, Las Vegas, NV 89119
Although the retailer with more than 85 years in the market is closing certain stores, it plans to continue expanding in the future. “Our network positioning includes opening new stores in areas with strong demand and long-term opportunities, while making the difficult decision to close some locations. In these cases, we work to relocate as many employees as possible to other stores,” the company said in a statement.
To date, the Boise, Idaho-based supermarket has approximately 2,000 stores nationwide, making it the second largest chain in the US. In 2022, it attempted to merge with Kroger, But what was projected to be one of the largest deals in the sector was rejected by the Federal Trade Commission (FTC) due to antitrust concerns.
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