Albertsons, Vons, and Safeway are indeed owned and operated by the same parent organization, Albertsons Companies. Following a major private equity acquisition led by Cerberus Capital Management, Safeway and its various regional subsidiaries—including Vons and Pavilions—were merged under the unified corporate umbrella of Albertsons. Today, these iconic banners share centralized supply chains, corporate governance, and loyalty programs while maintaining their localized storefront names across different American regions.