Albertsons Gains Sales Momentum In Q3
Albertsons continued its sales and earnings growth momentum in the third quarter.
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Albertsons Gains Momentum In Q2
Albertsons gained momentum in its second quarter, with solid gains in net income and identical store sales.
Albertsons Promotes White To Chief Merchandising Officer
Albertsons has promoted Own Brands president Geoff White to evp/chief merchandising officer.
Albertsons Taps Davidson As Portland Division President
Albertsons recently named Gineal Davidson president of the company’s Portland division, which operates over 140 stores in Oregon and Washington.
Albertsons Names Theilmann EVP/Chief Human Resources Officer
Albertsons has named Mike Theilmann evp/chief human resources officer, effective August 19.
Albertsons Appoints Gardner GVP/Strategic Sourcing
Albertsons has appointed Jonathan Gardner to the role of gvp/strategic sourcing. Additionally, the company has promoted David Nelsen to gvp/manufacturing.
Albertsons Drives Sales Momentum In Q1
Albertsons drove sales momentum into the first quarter, as the supermarket retailer continued to expand its e-commerce and digital operations.
Albertsons To Enhance Online Grocery Shopping Websites
Albertsons is starting an initiative to make its online grocery shopping websites and mobile applications more accessible and usable for shoppers with disabilities.
Sankaran Named President/CEO At Albertsons
Albertsons has named Vivek Sankaran its new president/CEO. He joins the company from PepsiCo Food North America, where he served as CEO.
Albertsons Partners With Microsoft To Enhance Customer Experience
Albertsons is using cloud solutions from Microsoft Corp., including Microsoft Azure and Microsoft 365, to provide customers and employees new experiences.
Albertsons Fuels Q3 Sales Growth
Albertsons Companies gained traction in its third quarter, as the supermarket retailer posted both store and online sales growth.
Albertsons Piloting AI Enabled Automated Fulfillment
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 Q2 Loss Shrinks
Citing broad financial improvement, Albertsons posted a net loss of $32.4 million in the second quarter ended September 8 versus a net loss of $355.2 million in the fiscal 2017 period.
Albertsons Appoints Donald CEO
Albertsons Companies has appointed Jim Donald, currently the company’s president and chief operating officer, to president and chief executive officer, effective immediately.
Albertsons, Rite Aid Scrap Merger Deal
Albertsons and Rite Aid have mutually agreed to terminate their previously announced merger plan.
Albertsons, Greycroft Form Technology Investment Fund
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 Urges Shareholders To Vote For Albertsons Merger
Rite Aid has sent a letter to shareholders urging their support for the pending Albertsons merger at the company’s upcoming special meeting.
Albertsons Opens New Flagship Store
Albertsons has opened a new flagship store near its headquarters in Boise, ID, which presents shoppers with a diversity of food choices.
Albertsons Cuts Loss In Q1 As Rite Aid Merger Advances
As it advances its merger with Rite Aid, Albertsons posted a first quarter net loss of $17.7 million versus a net loss of $204.9 million in the year-prior period.
Rite Aid Posts Loss As It Prepares Albertsons Merger
As Rite Aid prepares for its pending merger with supermarket operator Albertsons, the drug store chain posted a net loss in the first quarter.