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Albertsons (FRA:27S) Accounts Payable & Accrued Expense for Financial Companies


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What is Albertsons Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Albertsons Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Albertsons Companies Inc (FRA:27S) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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Address
250 Parkcenter Boulevard, Boise, ID, USA, 83706
Albertsons is the second-largest supermarket operator in the United States with more than 2,200 stores across a variety of banners. Around 80% of the firm's sales comes from nonperishable and fresh food, of which 25% comes from its portfolio of private brands. The company operates fuel centers at about 20% of its store locations and pharmacies at 75%. Albertsons went public in 2020 following years of ownership under private equity firm Cerberus Capital Management, which still owns about a fourth of the outstanding shares.