Albertsons officials are expected to hire over 1,400 part-and full-time workers in Southern California in the last two quarters of fiscal year 2015, the OC Register reports.
The country's second-largest supermarket chain is joined by others such as Vons and Pavilions, which are also part of the employment initiative. Albertsons is looking to add over 300 jobs in Orange County and 479 in Los Angeles.
"Business demand is driving our hiring," company spokesman Carlos Illingworth told the site.
Albertsons set a $100 million nominal fund raising target for its initial public offering.
A significant portion of the funds collected from the IPO are expected to be used for replaying corporate debts, as competition from upscale chains like Whole Foods continues to drive profits down.
"Traditional supermarket chains are in a very challenging position and they need to enhance their differentiation, improve their competitiveness," Technomic Executive Vice President Bob Goldin told Reuters. Technomic is a foodservice consultation agency.
"They have a tough game to win."
Krugers, the largest supermarket chain in the country, has also contributed to declining Albertsons profits. The company recently reported a 23 percent rise in quarterly profit, which is partly attributed to low fuel costs.
Albertsons was founded in 1939 in Boise, Idaho.
