The pending merger of Albertson's and American Stores Co. is not the first time the two retail giants have gotten together. lled Skaggs-Albertson's. When the partnership ended in 1977, the stores remained part of American Stores Co. and were eventually renamed Jewel-Osco. American Stores Co. evolved from a company called Skaggs Drug Centers, which originally consisted of four drug stores in Utah, Idaho and Montana that were acquired by the Skaggs family in 1939. The company grew through ...

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