albertson's

Two popular grocery chains have announced that they will be merging.

United Supermarkets parent company, Albertsons, starts trading again Friday at the New York Stock Exchange. Their IPO is selling 50 million shares at $16 per share. Albertsons purchased the Lubbock-based United Supermarkets in 2013.

Eddie Owens from United Supermarkets appeared on the Tuesday edition of Lubbock's First News to discuss the newest store openings with The United Family and United taking over the operation of four Albertsons stores.

The United Family will assume control of Albertsons in Carlsbad, Clovis, Hobbs and Roswell in early September.

Wednesday on Lubbock's First News, Eddie Owens, Director of Communications for United Supermarkets, talked about the company assuming responsibility over Albertsons locations and briefly about the gas and beef promotions. Owens recalled United Supermarkets' partnership with Albertsons was established in September of 2013, in which United became a "whole separate division of Albertsons... Read

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United Supermarkets was founded in 1916 and has locations in 30 different Texas communities, including Lubbock

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A press release from The United Family states that once the transaction is completed, United will operate as a separate business unit under Albertson’s LLC’s corporate structure.