From Stressed Shoppers to GLP-1s, Albertsons CEO Says Supermarkets Face Tough Year
It's hard being a grocery seller in 2026, says Albertsons Chief Executive Susan Morris.
Grocers including Albertsons are trying to manage consumers' sensitivity to rising prices while addressing their own escalating costs for things such as wages and utilities, Morris said in an interview.
Other factors are weighing on how much consumers are spending at grocery stores, too. Rising prices are prompting cost-conscious shoppers to shrink what they put in carts. Users of GLP-1 weight-loss medications are shifting what and how much they buy.
Also dampening the Idaho-based grocer's sales in the three month...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.