Albertsons Companies has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering consisting of common stock to be sold by certain of its stockholders and the issuance by the company of Series A mandatory convertible preferred stock.
Albertsons has promoted Own Brands president Geoff White to evp/chief merchandising officer.
Albertsons recently named Gineal Davidson president of the company’s Portland division, which operates over 140 stores in Oregon and Washington.
Albertsons has named Mike Theilmann evp/chief human resources officer, effective August 19.
Albertsons has appointed Jonathan Gardner to the role of gvp/strategic sourcing. Additionally, the company has promoted David Nelsen to gvp/manufacturing.
Albertsons is starting an initiative to make its online grocery shopping websites and mobile applications more accessible and usable for shoppers with disabilities.
Albertsons is using cloud solutions from Microsoft Corp., including Microsoft Azure and Microsoft 365, to provide customers and employees new experiences.
Albertsons is partnering with Takeoff Technologies to pilot an artificial intelligence-enabled micro-fulfillment center, to become the first national grocer to implement automated e-commerce fulfillment.
Albertsons and venture capital firm Greycroft have created an investment fund, of up to $50 million over time, that will invest in and aim to help grow emerging companies and technologies in the grocery channel.
Rite Aid has sent a letter to shareholders urging their support for the pending Albertsons merger at the company’s upcoming special meeting.