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Joe Albertson

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Joe Albertson
Born
Joseph Albert Albertson

(1906-10-17)October 17, 1906
Yukon, Oklahoma Territory
DiedJanuary 20, 1993(1993-01-20) (aged 86)
Boise, Idaho, U.S.
Resting placeMorris Hill Cemetery
Boise, Idaho
EducationCollege of Idaho
OccupationAlbertsons grocery stores
Known forFounder of the Albertsons supermarket chain and philanthropist
Political partyGOP (Republican)
Spouse
​
​
(m. 1930⁠–⁠1993)​
Children1

Joseph Albert Albertson (October 17, 1906 – January 20, 1993) was an American businessman who founded the Albertsons chain of grocery stores.[1][2]

Early life

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Born in Yukon, Oklahoma Territory, Albertson was one of four sons born to Rhoda and Earl Albertson. In 1909, before he was three, the family moved west to Caldwell, Idaho.[1]

After graduation from Caldwell High School in 1925, Albertson studied business for two years at the College of Idaho in Caldwell.[3]

Career

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While in college in 1927, he began his career in the grocery industry as a clerk at a local Safeway grocery store. On the final day of 1929, he married his college classmate Kathryn McCurry, of Boise, Idaho.[1] They had one daughter, Barbara Jean Albertson Newman (1933–2012).

Albertson quickly moved through the ranks with Safeway, until he was supervising more than a dozen stores. But he was not satisfied and wanted to start his own store — one that he could build to his specifications and manage his own way. With $5,000 of the money he and Kathryn had saved, and with $7,500 borrowed from his wife's aunt, Albertson formed a partnership with L.S. Skaggs, a former Safeway division manager, and Tom Cuthbert, Skaggs' accountant. Albertson opened his first grocery store in 1939 at Sixteenth and State Streets in Boise. The store was known for the introduction fully automated services used in grocery stores.[4]

Albertson opened his second and third Albertsons stores in Nampa and Caldwell in 1940. During the years of World War II, when food was being rationed, he filled the empty shelves with health and beauty products, general household goods, and other non-food items. His stores promoted war bonds and sponsored scrap drives that collected aluminum, steel, fats, and paper for recycling.[4]

During the 1950s and 1960s, Albertson's expanded to be a chain of over 600 stores. At age 70, Albertson stepped down as chairman of the board in 1976.[5]

J.A. and Kathryn Albertson Foundation

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In 1966, Joe and Kathryn established the J.A. and Kathryn Albertson Foundation as a way to administer their own charitable giving.[6] They began focusing their giving primarily on education, which was important to Joe and Kathryn because neither was able to finish college during the Great Depression. Since then, the foundation has given more than $750 million to Idaho's communities. The foundation continues to give in areas where Joe and Kathryn lived or worked in Idaho. They are committed to accelerating opportunities in Idaho and focus on initiative work that is related to learning, leadership, and community.[7]

Albertson donated over $72 million to the College of Idaho. For their gratitude, the college changed their name to the Albertson College of Idaho from 1991 to 2007.[8][9] Perhaps the most obvious gift to the citizens of Idaho is the 41-acre (17 ha) Kathryn Albertson Park in Boise,[10][11][12] with its winding walkways, wildflowers, trees and ponds.[13]

References

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  1. ^ a b c "Grocery magnate dies". Victoria Advocate. Texas. Associated Press. January 22, 1993. p. 8B.
  2. ^ Saxon, Wolfgang (January 22, 1993). "Albertson's supermarket chain owner dead at age 86". The Ledger. Lakeland, Florida. New York Times. p. 4B.
  3. ^ "Joe Albertson". Idaho's Hall of Fame. Retrieved 2024-03-11.
  4. ^ a b Production, Advertising (2020-05-23). "Mr. Joe Albertson: The most famous person from Yukon". Yukon Progress. Retrieved 2024-10-15.
  5. ^ "Joe Albertson steps down". Spokane Daily Chronicle. Washington. Associated Press. December 7, 1976. p. 6.
  6. ^ "Home". jkaf.org.
  7. ^ "Kathryn Albertson". J.A. and Kathryn Albertson Foundation. Retrieved September 25, 2012.
  8. ^ "Joseph A. Albertson". NNDB. Retrieved September 25, 2012.
  9. ^ "Albertson College of Idaho gets millions, changes name | The Spokesman-Review". www.spokesman.com. Retrieved 2024-10-15.
  10. ^ "Joe Albertson donates land". Spokane Daily Chronicle. Washington. Associated Press. December 17, 1979. p. 29.
  11. ^ "Albertson offers to develop park". Spokane Chronicle. Washington. wire reports. August 11, 1988. p. B6.
  12. ^ "It's Joe Albertson's donation: a park". Idahonian. Moscow. October 18, 1989. p. 5A.
  13. ^ "Archived copy". Archived from the original on 2006-06-25. Retrieved 2006-11-10.{{cite web}}: CS1 maint: archived copy as title (link)
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