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Albertsons Cos.

Albertsons Cos. to sell 17.5% stake to Apollo

Albertsons Cos. to sell 17.5% stake to Apollo

BOISE, Idaho — Albertsons Cos. plans to sell a 17.5% stake to the private equity firm Apollo Global Management for $1.75 billion. The deal, announced Wednesday, is expected to close by June 15. “Albertsons Companies is pleased to work with Apollo and its co-investors,” Albertsons president and CEO Vivek Sankaran said in a statement. “Apollo

Albertsons starts strong in fiscal 2020

Albertsons starts strong in fiscal 2020

BOISE, Idaho — Albertsons Cos. posted an identical store sales increase of 47% for the first four weeks of fiscal 2020, the company said on Thursday. Quarter-to-date identical sales for the first eight weeks of fiscal 2020 increased 34% compared to the comparable prior year period. Albertsons reported its first quarter sales-to-date as part of

Retailers respond to COVID-19: Albertsons Cos.

Retailers respond to COVID-19: Albertsons Cos.

Editor’s note: This is part of a series of articles on how retailers are responding to the COVID-19 crisis. As we all navigate this public health crisis together, Albertsons Cos. is doing everything we can to prioritize the health and safety of our customers, our communities and our associates, and to ensure our customers have

Albertsons files for public offering

BOISE, Idaho — Albertsons Cos. announced earlier this month that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering consisting of common stock to be sold by certain of its stockholders and the issuance by the company of Series A mandatory convertible preferred

Albertsons reports 2.7% same-store sales gain in Q3

Albertsons reports 2.7% same-store sales gain in Q3

BOISE, Idaho — Albertsons Cos. said that its third-quarter revenue increased 1.9% to $14.1 billion, driven by a 2.7% increase in comparable-store sales. Same-store sales have now increased for eight consecutive quarters. Gains in the 12 weeks to November 30 were attributed to growth in sales of its Own Brands merchandise. Participation in Albertsons’ grocery

Albertsons Cos. rolls out 1-2 hour Rx delivery

Albertsons Cos. rolls out 1-2 hour Rx delivery

BOISE, Idaho — Albertsons Cos. announced on Thursday that it is offering one- to two-hour delivery service at selected Albertsons Cos. pharmacies in Louisiana, Texas and the District of Columbia, decreasing the time patients must wait to receive critical medications. The new one- to two-hour delivery service is now available at Albertsons Cos. pharmacies in

Albertsons to repurpose plated

BOISE, Idaho — Albertsons Cos. is phasing out subscriptions for Plated meal kits that shoppers can purchase online and cook at home. The retailer said Plated is being transitioned into a “comprehensive in-house culinary brand” that will join its lineup of private label products. “Our vision for Plated includes an expanded set of products that

Albertsons Cos. names exec VP, chief customer and digital officer

Albertsons Cos. names exec VP, chief customer and digital officer

BOISE, Idaho — Albertsons Cos. has named Chris Rupp executive vice president and chief customer and digital officer, effective December 3. Rupp joins Albertsons Cos. from Microsoft Corp., where she most recently served as general manager of the company’s Xbox Business Engineering team. Rupp will be responsible for integrating and enhancing customers’ experiences across all

Sampson steps down at Albertsons

BOISE, Idaho — Albertsons Cos. is looking for an executive to oversee merchandising and marketing for its stores and websites following Shane Sampson’s departure from the company earlier this month. Sampson, who has spent nearly four decades working in the grocery industry, returned to Albertsons Cos. in 2015 as executive vice president and marketing and

Albertsons taps Coester as SVP of Own Brands

Albertsons taps Coester as SVP of Own Brands

BOISE, Idaho — Albertsons Cos. has promoted Chad Coester to senior vice president of Own Brands. He succeeds Geoff White, who was recently named chief merchandising officer. In his new post, Coester is responsible for Albersons’ growing portfolio of private label products. “Chad brings infectious energy to everything he does,” White said. “His versatile background

Geoff White named EVP at Albertsons

Geoff White named EVP at Albertsons

BOISE, Idaho — Albertsons Cos. has promoted Own Brands president Geoff White to executive vice president and chief merchandising officer. Under White’s leadership, Own Brands penetration grew from 23.0% in fiscal year 2017 to 25.3% in the company’s most recently reported quarter. O Organics and Open Nature represent 23.6% of the total natural and organic

Shane Sampson to Leave Albertsons Cos.

Shane Sampson to Leave Albertsons Cos.

BOISE, Idaho — Albertsons Cos. announced Wednesday that Shane Sampson, executive vice president and chief marketing a merchandising officer, has decided to leave the company at the end of its second fiscal quarter on September 7.  The company has launched a search for a successor. “Shane has been instrumental in building the Albertsons Companies we

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