Albertsons Fuels Q3 Sales Growth
Albertsons Companies gained traction in its third quarter, as the supermarket retailer posted both store and online sales growth.
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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.
Publix Names VP/Pharmacy
Dain Rusk will be joining Publix as vp/pharmacy, effective June 1, 2018.
Rite Aid’s Net Income Rises In Q4
It was an active fourth quarter and fiscal year for Rite Aid, with the retailer selling some of its stores to Walgreens and forming a pending merger deal with Albertsons.
Rite Aid, Albertsons Move Closer To Merger
Rite Aid said that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in connection with its previously announced merger with Albertsons, expired on March 28.
Albertsons To Expand Assortment With Online Marketplace
Albertsons has initiated a general registration for the company’s soon-to-be-launched digital marketplace, which will allow participating vendors to direct ship Albertsons customers.
Albertsons Appoints Donald President And COO
Albertsons Companies has appointed Jim Donald president and chief operating officer of the company, effective immediately.
Albertsons To Acquire Rite Aid
Privately held Albertsons Companies will acquire publicly traded Rite Aid Corporation in what the companies termed a definitive merger agreement.
Albertsons Names Morris EVP/COO
Albertsons has named Susan Morris as the company’s new executive VP and chief operations officer. She will oversee the company’s supply chain, manufacturing and operations functions.
Albertsons Taps Instacart For Delivery Services
Albertsons Companies has tapped Instacart to develop its same day grocery delivery service.
Albertsons Invests In El Rancho Supermercado
Albertsons Companies has invested in El Rancho Supermercado, a Texas-based retailer which focuses on stores for Latino customers.
Albertsons Raises $8 Million For Hurricane Relief Efforts
As part of its charitable efforts, Albertsons Companies said that in the span of 21 days, its customers and employees helped raise more than $8 million in disaster relief donations for the victims of Hurricanes Harvey and Irma through a point-of-sale campaign at its 2,300-plus stores.