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Albertsons Cos.

Albertsons names Jim Donald president, CEO

Albertsons names Jim Donald president, CEO

BOISE, Idaho — Jim Donald has been named president and chief executive officer of Albertsons Cos. effective immediately. He had been president and chief operating officer. Robert Miller, currently the company’s chairman and CEO, will continue as chairman . Donald’s 47-year retail career began as a trainee in Florida with Publix Super Markets Inc. He

Merger falls apart

CAMP HILL, Pa. — In the wake of their canceled merger agreement, Albertsons Cos. and Rite Aid Corp. confront very different challenges as they face the future. Albertsons’ board of directors declined to change the terms of its offer to Rite Aid shareholders in the face of mounting opposition from shareholder advisory services and major

Rite Aid, Albertsons agree to terminate merger

Rite Aid, Albertsons agree to terminate merger

CAMP HILL, Pa. – Rite Aid Corp. announced that it has mutually agreed with Albertsons Cos. to terminate their previously announced merger agreement. “While we believed in the merits of the combination with Albertsons, we have heard the views expressed by our stockholders and are committed to moving forward and executing our strategic plan as

Western Union expands network at Albertsons stores

Western Union expands network at Albertsons stores

ENGLEWOOD, Colo. and BOISE, Idaho — The Western Union Company is strengthening its presence across the U.S., after signing a deal with Albertsons Cos. The agreement will enable consumer access to international and domestic money transfer and money order services, as well as bill payment services at Albertsons Cos. locations—operating under 20 well-known banners including Albertsons,

Albertsons Cos.’s sales edge up in first quarter

Albertsons Cos.’s sales edge up in first quarter

BOISE, Idaho — Albertsons Cos. posted a sales increase of 1%, to $18.7 billion, during the 16-week fiscal first quarter ended June 16. The company attributed the $193.4 million increase in sales mainly to higher fuel sales (up $154.1 million). Same store sales for the quarter were up 0.2%. Gross profit margin increased to 27.7%

Albertsons pharmacies in Idaho practicing under new law

Albertsons pharmacies in Idaho practicing under new law

BOISE, Idaho – Albertsons Cos. announced this week their Idaho pharmacists can now prescribe for more health conditions under a new state law. Prior to the law’s July 1 effective date, targeted Albertsons Cos. pharmacies received agency approval to pilot the new program, making them the first large retail chain pharmacy to provide these services

Rite Aid touts merits of merger in letter to shareholders

Rite Aid touts merits of merger in letter to shareholders

CAMP HILL, Pa. — Rite Aid Corp. on Tuesday announced that the registration statement on Form S-4, in connection with its proposed merger with Albertsons Cos., has been declared effective by the U.S. Securities and Exchange Commission (SEC). In connection with the definitive proxy statement/prospectus, Rite Aid issued a letter to shareholders detailing the merits

Retail Rx embraces change

PALM BEACH, Fla. — Change, both confronting it and creating it, emerged as a powerful theme of the National Association of Chain Drug Stores Annual Meeting, which was held here last month. The theme of change was clearly on display in the remarks made during the Business Programs by NACDS chairman of the board Alex

Albertsons names Barrett SVP, advertising and marketing

Albertsons names Barrett SVP, advertising and marketing

BOISE, Idaho — Albertsons Cos. announced that Sean Barrett has been promoted to senior vice president of advertising and marketing. Barrett brings strong brand expertise and proven leadership from his tenure with the Albertson Companies Own Brands team and prior roles at Procter & Gamble, which culminated in his being named chief marketing officer of

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