United Supermarkets Sell to Albertsons [POLL]
So you may have heard the news yesterday that United sold out to Albertsons. The same Albertsons that closed two stores a few years ago and left one in Amarillo.
Matt Bumstead, United Co-President and ownership family member, said, “We are grateful for and humbled by the 97 years we have had to be a part of United's mission of service. With this ownership transition, we see a chance for United’s impact and legacy to grow for decades to come. With the strength and stability they (Albertson’s LLC) have to offer our team members, we believe that this new ownership, working with our world-class team, can take United’s vision and mission to places and levels previously beyond our reach. Our deepest thanks go out to all who have supported United and our family throughout the years. We believe United’s best days are all ahead.”
Upon completion of the transaction, United will operate as a separate business unit under Albertson’s LLC’s corporate structure. Robert Taylor, United’s CEO, will continue to lead the company as president of the United subsidiary, reporting directly to Bob Miller, CEO of Albertson’s LLC.
Taylor commented, “We are all very excited to be joining the Albertson’s family, which will provide us tremendous opportunities to invest in our stores and grow. We will continue to make decisions locally, consistent with Albertson’s LLC’s decentralized structure, and faithfully maintain our unwavering commitment to our Texas communities, guests and team members. It affords a real growth opportunity for our team members, all of our retail banners, our support units, and our Distribution Centers.”
I remember shopping a lot at the Albertsons on 45th and Western because it was convenient to where I lived at the time. It was closer than United just down the street. However, what I noticed was that it was way more expensive. United always had the competitive prices and much better produce.
Since United was locally owned (I saw locally, I mean Lubbock is just down the road), and it just seemed a higher class of store.
So I will admit when I heard the news, my heart dropped.
I do do a lot of my shopping at United, however, if I'm trying to save money, I'll go grocery shopping at Walmart.
I truly hope this change doesn't change the stores, including their quality of product.
So what are your thoughts, will you continue to shop at the grocery stores when they officially become Albertsons?