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Afresh Technologies and Albertsons Companies Roll Out AI-Powered Platform to More Than 2,000 Stores

Afresh Technologies, the world's leading fresh food technology company, and Albertsons Companies (NYSE: ACI) announced today the completion of an enterprise rollout of the Afresh predictive ordering and inventory management platform across nearly all of Albertsons Cos.' banner stores across the country. The system was fully deployed in more than 2,000 stores in seven months, far less than the three to five years typically required for large-scale enterprise software implementations in the grocery industry...

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Jan 13 7:43 AM, General News



Albertsons Companies Provides Update on Legal Proceedings in State of Washington

Albertsons Companies, Inc. (NYSE: ACI) (“Albertsons Cos.” or “the Company”) announced that the State of Washington Supreme Court has granted the Company’s motion to hold an expedited review of the temporary restraining order (“TRO”) against the Company’s previously announced $6.85 per common share Special Dividend (the “Special Dividend”). The date for the review has been moved forward to January 17, 2023, having previously been set for February 9, 2023.

Albertsons Cos. continues to maintain that the claim brought by the Attorney General of the...

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Jan 3 8:57 AM, General News


UNLIMEAT's Plant-Based Korean BBQ and Pulled Pork Launching at Albertsons Stores in the USA

UNLIMEAT, a leading plant-based meat brand from Korea, is accelerating its entry into the US market, and has announced that they will begin selling in 1,500 Albertsons stores nationwide starting on January 5th. The products to be launched include plant-based Korean BBQ and two flavors of pulled pork, which are the company's most popular products.

UNLIMEAT Korean BBQ is a substitute meat targeting beef brisket. Most plant-based products sold in the United States are beef patties...

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Dec 23 7:35 AM, General News


Albertsons Companies Provides Updates on Legal Proceedings Surrounding Special Dividend

Albertsons Companies, Inc. (NYSE: ACI) (“Albertsons Cos.” or “the Company”) announced that on December 19, 2022, the State of Washington Supreme Court set a date for the review of the temporary restraining order (“TRO”) against the Company’s previously announced $6.85 per common share Special Dividend (the “Special Dividend”). The Washington Supreme Court, sitting en banc, will review the appeal of the Attorney General of the State of Washington on February 9, 2023. The TRO will remain in effect until there is a further order...

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Dec 22 10:18 AM, General News


Albertsons Companies Issues Statement Regarding Washington Supreme Court’s Decision

Albertsons Companies, Inc. (NYSE: ACI) (“Albertsons Cos.” or “the Company”) today announced that the State of Washington Supreme Court has continued the temporary restraining order (“TRO”) against the Company’s previously announced $6.85 per common share Special Dividend (the “Special Dividend”) while the Washington Supreme Court considers if it will hear the state’s appeal. The TRO will remain in effect until there is a further order issued by the Court.

Albertsons Cos. has filed a motion to expedite the Washington Supreme Court’s review.

Albertsons Cos. continues to believe...

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Dec 19 8:04 AM, General News


Albertsons Cos. Issues Statement Regarding U.S. District Court for District of Columbia’s Ruling

Albertsons Companies today announced that the U.S. District Court for the District of Columbia has denied the request by the California, Illinois and District of Columbia Attorneys General for a temporary restraining order (“TRO”) against the Company’s previously announced $6.85 per common share Special Dividend (the “Special Dividend”), originally scheduled to be paid on November 7, 2022.

Albertsons Cos. continues to seek to overturn the existing temporary restraining order granted by the Washington State Court on November 3, which was based on the incorrect assertion that...

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Nov 9 9:32 AM, General News


Beyond Meat® Debuts Revolutionary Plant-Based Beyond Steak™

Beyond Meat, Inc., a leader in plant-based meat, today announced the launch of Beyond Steak™, a new innovation designed to deliver the juicy, tender and delicious bite of seared steak tips with the added nutritional and environmental benefits of plant-based meat. Beyond Steak is launching at Kroger and Walmart stores nationwide, as well as at select Albertsons and Ahold divisions and other retailers across the country.

As the brand continues to popularize plant-based meat through a portfolio of industry-leading products, Beyond Meat enables consumers to...

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Oct 26 9:25 AM, General News


Albertsons Companies, Inc. Reports Second Quarter Fiscal 2022 Results

Albertsons Companies, Inc. today reported results for the second quarter of fiscal 2022, which ended September 10, 2022.

Second Quarter of Fiscal 2022 Highlights

- Identical sales increased 7.4%
- Digital sales increased 36%
- Loyalty members increased 16% to 31.8 million
- Net income of $343 million, or $0.59 per share
- Adjusted net income of $418 million, or $0.72 per share
- Adjusted EBITDA of $1,049 million

"Our team continued to deliver strong performance during the second quarter," said Vivek Sankaran, CEO. "Throughout the quarter, we continued to invest in..."

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Oct 18 9:03 AM, General News


DoorDash Unveils New Partnerships with Top Grocers and Retailers

Over the last few years, we have accelerated our growth beyond restaurants, introducing on-demand grocery, convenience store, alcohol delivery, and more on the DoorDash app with partners including Albertsons Companies, Walgreens, BJ's Wholesale Club, Dollar General, and Wawa, creating more opportunities for retailers of all sizes to expand their digital offerings and reach consumers online. Today, there are more than 75,000 non-restaurant retail stores on the DoorDash platform across North America.

Today, we're excited to announce several new retail partners on DoorDash spanning multiple categories including grocery, convenience, sporting...

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Sep 22 9:00 AM, General News


Albertsons Companies Voluntarily Recalls Select Store-Prepared Sandwiches

Albertsons Companies, in cooperation with the voluntary recall of King’s Hawaiian pretzel roll products, is voluntarily recalling 18 store-prepared items made with King’s Hawaiian pretzel rolls. The King’s Hawaiian recall is out of an abundance of caution due to its potential for microbial contamination, including from the organisms Cronobacter sakazakii and Clostridium botulinum. The King’s Hawaiian recall announcement can be found here.

Consumers who have purchased these items are urged not to consume these products and to dispose of them or return the items to their local store for a full...

 

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Aug 15 9:50 AM, General News


Albertsons Companies, Inc. Reports First Quarter Fiscal 2022 Results

Albertsons Companies, Inc. today reported results for the first quarter of fiscal 2022, which ended June 18, 2022.

First Quarter of Fiscal 2022 Highlights

- Identical sales increased 6.8%
- Digital sales increased 28%
- Net income of $484 million, or $0.84 per share
- Adjusted net income of $582 million, or $1.00 per share
- Adjusted EBITDA of $1,420 million

"In the first quarter, our teams continued to deliver strong operating and financial performance across all key metrics, and we continued to gain market share," said...

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Jul 26 9:26 AM, General News


Albertsons Companies Helps Expand Affordable Access to Fresh Food and Wellness Products

Albertsons Companies announced today that customers can now use supplemental benefits to purchase over-the-counter medications and fresh produce in the company’s stores. The new program provides convenient access to customers using pre-paid cards funded by Medicare Advantage plans, employer incentives, healthcare providers, or local governments, furthering the company’s commitment to support the health and well-being of the communities it serves.

“We are committed to offering solutions that deliver access to healthy produce and meals, reduce food insecurity and provide solutions for..."

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Mar 30 9:15 AM, General News


DoorDash Introduces Express Grocery Delivery Service with Albertsons Companies

DoorDash, the leading on-demand delivery platform, today introduced express grocery delivery, a new service that offers consumers faster and more convenient delivery of fresh groceries in under 30 minutes*, in partnership with Albertsons Companies, one of the nation's leading food and drug retailers. As part of this launch, consumers in more than 20 major cities across the U.S., including Los Angeles, Denver, Seattle and more, will now be able to access express grocery delivery from their local Albertsons Cos. banner stores including Safeway, Vons, ACME Markets, Jewel-Osco, and...

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Feb 18 8:00 AM, General News







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