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Jan 19, 2024 · After nearly four decades guiding Albertsons from its modest beginnings, Joe Albertson stepped away from day-to-day operations in the mid-1970s. Replacing Albertson was Warren McCain, the ambitious new Chairman and CEO whose stewardship ushered Albertsons into a new era beginning in 1976. McCain sought to put his own stamp on the firm through ...
1969. In 1969, Albertsons partnered with Skaggs Drug Centers, owned by The Skaggs Companies, Inc., to create the first combination food/drug stores, first in Texas. 1970. In 1970, however, the company pioneered a unique and exceptionally profitable concept in supermarket design. The first store opened in Texas in 1970.
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