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Bob Miller

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

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 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 Cos. names Jim Donald president, COO

Albertsons Cos. names Jim Donald president, COO

BOISE, Idaho — Albertsons Cos. has tapped retail veteran Jim Donald, former president and chief executive officer of Starbucks, to serve as its new president and chief operating officer. In his new role, Donald will have responsibility for the operations of the retailers’ more than 2,300 stores and will help drive the growth of the

Albertsons Cos., Rite Aid to merge

Albertsons Cos., Rite Aid to merge

BOISE, Idaho, and CAMP HILL, Pa. — Albertsons Cos. plans to merge with Rite Aid Corp. in a deal that will take the supermarket retailer public. Albertsons Cos. and Rite Aid said Tuesday that the combined company will generate pro forma revenue of about $83 billion and operate about 4,900 stores, 4,350 pharmacy locations and

Albertsons to acquire meal kit service

BOISE, Idaho — Albertsons Cos. is buying meal kit delivery company Plated, a vehicle for catering to consumers attracted to the convenience of having their meals delivered. “Today’s consumer is looking for a variety of personalized shopping alternatives, and this transaction is the latest example of Albertsons meeting our customers wherever and however they like

The rise of Albertsons Cos.

The rise of Albertsons Cos.

BOISE, Idaho — What Albertsons Cos. has been able to accomplish in a little over a decade is truly remarkable. The prospects for the business were somewhat uncertain when it was established in June 2006. A group of investors led by Cerberus Capital Management created the company by purchasing 661 supermarkets as part of the

Albertsons promotes Denningham to president

Albertsons promotes Denningham to president

BOISE, Idaho  — Albertsons Cos. on Wednesday announced that executive vice president and chief operating officer Wayne Denningham has been named company president. Bob Miller remains chairman and chief executive officer, roles he has held since April 2015. Denningham will continue to serve as chief operating officer, leading store operations while taking on oversight of