Albertsons Companies news

I've recently spen time in US grocery stores to see first-hand how retailers in Dallas and Bentonville are bringing their strategic priorities to life. Across the week I spent there, I saw around 40 stores and noticed a lot of similarities across them, ranging from off-fixture displays to food for now options, to healthcare facilities and more. Here are 8 key takeaways from my week of store vi...

Kroger and Albertsons announced they have entered into a definitive agreement with wholesale company C&S Wholesale Grocers, LLC for the sale of 413 stores, which should help to drive forward the completion of their planned merger. In addition to stores this will also include the sale of banners, eight distribution centres (DC’s), two regional offices and five private label brands “We are very...

Rewards and loyalty points are useful nudge tactics helping retailers guide shoppers towards healthier choices. The data unlocked by these loyalty programmes also provides vital insight on the success of health behavioural change initiatives. While the area of health holds huge scope, focus on families, increasing fruit and veg intake, and encouraging physical activity continue to be popular acti...

Albertsons kicked off FY2023 with solid numbers in its first quarter. However, the business remains apprehensive about potential challenges on the horizon. Q1 key numbers Q1 net sales and other revenue up 3.2%, to $24.1 bn Q1 identical sales up 4.9% Q1 digital sales up 22% Q1 operating income down 18% to $622.2m A good start to the year… Albertsons’ sales uptick in the f...

Through its retail media arm, Albertsons Media Collective, Albertsons is piloting a new program that replaces its traditional digital circular ads with interactive digital ones. These will be featured across the social media platforms Facebook and Instagram.  Despite the potential of losing less tech savvy customers, earlier this year, Albertsons began phasing out the home delivery of printed ...

Albertsons launched its ‘Signature’ brands in 2016 and has since amassed more than 9,000 products over four sub brands, which generate more than US$8.9 bn annually. The retailer has announced plans to consolidate some of these, which it says will help it to build a deeper connection with its customers. “ We are incredibly proud of our Signature family of brands and by bringing these sub-brands...

Albertsons saw digital sales growth of almost 30% in fiscal 2022, helping to lift total sales by 8.0% to $77,650m. We review its performance and the outlook for the year ahead as it prepares for its proposed merger with Kroger. Q4 and full year results Q4 net sales and other revenue up 5.1% to $18,265m Q4 identical sales up 5.6% Q4 digital sales up 16% Q4 operating income down 3...

Albertsons announced the launch of Sincerely Health, a digital health and wellness platform. It is available on 16 of the retailer’s banner sites and apps. Personalised health and pharmacy services The Sincerely Health platform has been built in collaboration with healthcare providers, insurance companies, and technology organisations. It is designed to educate, encourage and reward shopper...

We review Albertsons third quarter performance as the retailer continues to progress its planned merger with Kroger. Identical sales growth driven by inflation Albertsons announced its net sales and other revenue increased 9% year-on-year (YoY) to $18.2 bn. The sales increase was driven by the retailer’s 7.9% increase in identical sales and higher fuel sales. Retail price inflation was stat...

Kroger’s merger with Albertsons, if approved by the FTC (Federal Trade Commission), will create a retailer with sales of around $200 bn, operating 5,000 stores (excluding divestments). With very few truly national grocery retailers in the US, we consider what this deal could mean for some of its biggest suppliers. Solidifies position among America’s leading retailers As the two largest superm...