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Albertsons Cos.

Retailer of the Year award winners honored

Retailer of the Year award winners honored

NEW YORK — Mass Market Retailers presented its 2018 Retailer of the Year awards Wednesday night in New York City. The event drew retailer and supplier executives from across the food, drug and mass channels. Target Corp. was honored as MMR‘s 2018 Retailer of the Year. The award was given in recognition of the work

Albertsons names Sankaran president and CEO

Albertsons names Sankaran president and CEO

BOISE, Idaho — Albertsons Cos. announced Friday that Vivek Sankaran, chief executive officer of PepsiCo Foods, North America, has been named the new president and CEO of Albertsons Cos., effective April 25. Jim Donald, currently the company’s president and CEO, will continue as co-chairman of the board, with Leonard Laufer serving as the other co-chairman.

Albertsons Cos. chooses EQuIPP for Rx performance tracking

Albertsons Cos. chooses EQuIPP for Rx performance tracking

BOISE — Albertsons Cos. has selected EQuIPP Analytics from Pharmacy Quality Solutions (PQS) for  enhanced reporting and tracking capabilities related to pharmacy performance measures. EQuIPP will allow Albertsons Cos. pharmacies to identify key improvement opportunities and drive strategic quality performance measures using dynamic visualizations and intuitive dashboards. “EQuIPP Analytics reduces the amount of time organizations

Albertsons Cos.’ third quarter earnings jump 51%

Albertsons Cos.’ third quarter earnings jump 51%

BOISE, Idaho — Albertsons Cos.’ third quarter adjusted EBITDA rose 51.4% to $649.7 million, driven by an identical-store sales gain, increased gross profit and cost cutting. Sales and other revenue in the 12 weeks ended December 1 increased 1.8% from a year earlier to $13.8 billion, with identical-store sales rising 1.9%. “We continue to gain traction

Miller recognized for life’s work

Miller recognized for life’s work

BOISE, Idaho — Bob Miller brought another chapter in his storied retailing career to a close last September when he stepped down as chief executive officer of Albertsons Cos. Asked how closely Jim Donald, his successor at the food, health and wellness retail store operator, would follow his example, Miller said, “He’s got to have

Albertsons teams with Solera Health on diabetes program

Albertsons teams with Solera Health on diabetes program

PHOENIX — Albertsons Cos. has joined the Solera Health network of National Diabetes Prevention Program (NDPP) providers, offering the program in in neighborhood grocery stores operating under 20 banners, including Albertsons, Safeway and Vons. The Albertsons Companies’ NDPP, led by local dieticians and supported by the stores’ pharmacists, uses the aisles of the supermarket as a

Albertsons starts Digital Marketplace

BOISE, Idaho — Albertsons Digital Marketplace now offers more than 40,000 specialty products to customers nationwide, such as hard-to-find spices and condiments, specific flavors of coffee, unique health and beauty products, and other health and wellness items, Albertsons Cos. announced this month. The newly launched Albertsons.com/Marketplace site plans to offer more than 100,000 products by

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

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