Albertsons Companies , Inc. (NYSE:ACI) stands as a prominent player in the U.S. grocery market, with annual revenue reaching $79.93 billion, leveraging its scale and diverse offerings to maintain a ...
Albertsons Cos., which owns Albertsons and Safeway supermarkets, cited productivity needs in laying off 225 workers at an ...
During the company’s earnings call, executives said they planned to build out Albertsons’s online-sales infrastructure and lean into a recently simplified rewards program. Management also ...
With no Kroger Co. merger to rely on, grocery chain Albertsons Cos. Inc. on Wednesday said it would lean into an array of initiatives — e-commerce, wellness, automation and its loyalty program ...
To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter. Albertsons has laid off workers in its corporate and division support workforce in an effort to lower ...
Shares of Albertsons Companies (NYSE:ACI) are trading defensively for the first time in six days after the company said it was letting go of some of its corporate staff to “recalibrate the ...
Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times. The collapse of Kroger Co.’s $24.6 ...
US grocery retailer Albertsons’ efforts to increase its customer value proposition – and investor appeal in the wake of its breakup with Kroger – could open doors for emerging brands and ...
Albertsons executives laid out plans to cut about $1.5 billion in costs over the next three years, speaking on the grocery store operator's first earnings call in more than two years.
Following the collapse of its planned merger with Kroger, Albertsons Companies is doubling down on its strategy to grow market share and customer loyalty in the increasingly competitive grocery ...
BOISE, Idaho — A statement from an Albertsons spokesperson said the company is laying off a portion of its corporate and division support workforce. The total number of employees impacted is not ...