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Albertsons Companies Unveils New Digital Innovations to Meal Plans Tool
Albertsons Companies, Inc. (NYSE: ACI) today unveiled the latest digital enhancements to its shoppable Meal Plans and Recipes tool available within the retailer’s grocery apps and websites, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME and Tom Thumb banners. Designed to provide customers with culinary inspiration throughout the week while saving time and money, the meal plan feature includes a budget tracker, an expanded library of more than 8,000 exclusive recipes, shoppable ingredient lists and hands-free cooking mode with step-by-step timer.
“This all-in-one tool empowers...
Albertsons Companies Launches 30-Minute Grocery Pickup and Delivery with New Flash™ Service
Albertsons Companies, Inc. (NYSE:ACI) today announced the launch of its Flash grocery service, allowing customers to receive their DriveUp & Go™ and delivery orders in as little as 30 minutes. Available now at more than 2,000 locations, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, ACME and Tom Thumb banner stores, this service further expands the retailer’s digital leadership and commitment to providing customers fast, convenient grocery essentials without compromising on quality.
“Shoppers today want fast pickup and delivery, and Albertsons is meeting this expectation with...
C&S Wholesale Grocers Enters Agreement to Purchase 413 Stores from the Kroger and Albertsons Merger
&S Wholesale Grocers, LLC, (C&S) an industry leader in wholesale grocery supply and supply chain solutions in the United States, has entered into a definitive agreement to purchase 413 stores, eight distribution centers and two offices that have become available due to The Kroger Co. and Albertsons Companies Inc. merger. C&S will acquire QFC, Mariano's and Carrs brand names and the exclusive licensing rights to the Albertsons brand name in Arizona, California, Colorado and Wyoming. C&S will also add five...
Albertsons Companies, Inc. Reports First Quarter Fiscal 2023 Results
Albertsons Companies, Inc. today reported results for the first quarter of fiscal 2023, which ended June 17, 2023.
First Quarter of Fiscal 2023 Highlights
Vivek Sankaran, CEO commented, "Our first quarter results demonstrate the resilience of our business, and the effectiveness of our Customers for Life transformation...
Albertsons Companies Consolidates its Signature Family of Brands Under Signature SELECT®
Albertsons Companies, Inc. announced today that it will rebrand its Signature Farms®, Signature Care™ and Signature Cafe® products under one master brand, Signature SELECT, which features a refreshed, modern logo, bold packaging and a new marketing campaign designed to build an emotional connection with customers. The transition to Signature SELECT is currently underway across stores including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s and more, and is expected to be complete in early 2024.
“Signature SELECT is our flagship brand offering shoppers an incomparable assortment of...
Albertsons Companies Names Tom Moriarty Executive Vice President and General Counsel
Albertsons Companies, Inc. today announced that Tom Moriarty will join the Company as Executive Vice President and General Counsel effective June 5, 2023.
Moriarty brings more than 30 years of executive leadership experience to Albertsons Cos., including senior positions across legal, corporate strategy, policy and operations. He joins the Company from CVS Health, where he spent more than 10 years serving in roles of increasing responsibility, including Chief Strategy Officer, EVP Global Pharma, and, most recently, Executive Vice President, Chief Policy and External Affairs Officer, and General Counsel...
Real Good Foods Announces National Launch of Innovative Asian Entrees in Albertsons and Safeway
The Real Good Food Company, Inc. (Nasdaq: RGF) (“Real Good Foods” or the “Company”), a leading innovation-centric health and wellness frozen foods company, today announced the expansion of its multi-serve Asian entrees platform into all Safeway and Albertsons locations nationwide. According to data from SPINS, the multi-serve entrees category is valued at $3.1B, has grown 6% year-over-year and under-indexes in better-for-you options.
The new product placement, which spans each of the approximately 1,800 Safeway...
Albertsons Companies Launches Sincerely Health Digital Health and Wellness Platform
Albertsons Companies, Inc. (NYSE: ACI) today announced the launch of Sincerely Health, a digital health and wellness platform that is now accessible on 16 of its banners’ grocery app and websites* including Albertsons, Safeway, Vons, Shaw’s, Jewel-Osco, Acme, Tom Thumb and more. Backed by science, Sincerely Health is designed to help improve lives by connecting, educating, encouraging and rewarding customers on their health and wellness journey so they can make informed choices regarding food, physical activity, sleep and mindfulness...
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...
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...
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...
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...
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...
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...
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...
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..."
Analysis: UK Beef Prices Hold Firm Amid Tight Cattle Market
Urner Barry's Fall 2023 Reporter Issue Released; Read It Online For Free Now
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