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The Albertson’s grocery stores story started in 1939. In 1929, Joe Albertson was a college student who had spent two years studying business when the Great Depression sent the country into a tailspin. Joe decided that he would leave school and enter the grocery business, holding onto the philosophy that in good times or in bad, people had to eat, so he figured a grocery store was a good business.
Joe spent ten years working his way up at Safeway, but he knew that ultimately, he would open his own store. In July 1939, he did just that. With $12,500, Albertsons Store 101, at 16th and State Streets in Boise, Idaho, opened with new services that customers hadn’t seen in a grocery store before.
He introduced things to shoppers like a scratch bakery, an automatic doughnut machine and one of the first magazine racks in the country. He also sold big, double dip ice cream cones, fresh popcorn and roasted nuts, which all became a hit with shoppers.
Today, Albertsons, is working to become the favorite food and drug retailer in every market it serves.
If you are interested in knowing more about the company, its statements, products, please visit www.albertsons.com.
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