With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.
Albertsons cites GLP-1s and AI as sources for optimism amid inflationary headwinds.
Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new ...
By Ananya Mariam Rajesh (Reuters) -Albertsons executives focused on moving on from its scuttled merger with Kroger on ...
The Boise, Idaho, grocery chain reported net income of $400.6 million, or 69 cents a share, for the third quarter, up from $361.4 million, or 62 cents a share, a year earlier. Stripping out certain ...
The company, which recently called off a plan to merge with rival Kroger Co. (KR) after regulatory pushback, said it now expects fiscal 2024 same-store sales to rise 1.8% to 2.0%, compared with prior ...
Albertsons Cos. is moving onward and upward after its proposed $24.6 billion merger with The Kroger Co. fell apart last month ...
Shares of Albertsons were trading higher after the grocery-store chain increased its forecast of earnings for the fiscal year ...
Albertsons Companies showed growth in sales and digital engagement, but faced profitability and merger-related challenges in ...
Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than ...
Albertsons Companies reported a 1.2% increase in sales for Q3, totaling $18.774 billion, slightly missing estimates.
The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...