in 2004, j sainsbury sold shaw's to albertsons for us$2.48 billion. on june 2, 2006, a partnership of supervalu, cvs corporation, and several investment firms, including cerberus capital, acquired albertsons with the intent to divvy up the parts. supervalu received what was generally thought of as the best-performing assets, including shaw's and star market, along with regional chains including acme (philadelphia); jewel, and jewel-osco (chicago). however, shaw's was beset by store closings almost yearly between 2006 and 2011 during its acquisition by supervalu. at its 2006 peak, shaw's operated more than 200 stores in new england, however, shaw's footprint has been reduced except in vermont, and has pulled out of connecticut altogether.