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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 has a strong showing for fiscal 2020

Albertsons has a strong showing for 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

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. Chris Rupp Rupp will be responsible for integrating and enhancing customers’ experiences

Albertsons offers customers home opioid disposal option

Albertsons offers customers home opioid disposal option

BOISE, Idaho — As part of its commitment to prevent opioid misuse, Albertsons Cos. now offers DisposeRx — an at-home, eco-friendly medication disposal service — at its nearly 1,800 pharmacy counters in 34 states and Washington, D.C. Albertsons Cos. banners with pharmacies offering DisposeRx include Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market,

Geoff White named executive VP at Albertsons

Geoff White named executive VP 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

Albertsons names Theilmann EVP and chief human resources officer

Albertsons names Theilmann EVP and chief human resources officer

BOISE, Idaho – Albertsons Cos. announced Monday that Mike Theilmann has been named executive vice president and chief human resources officer, effective August 19, 2019. Theilmann joins Albertsons Cos. from Heidrick & Struggles, a leading global executive search and leadership consulting firm, where he served as the global practice managing partner, Human Resources Officers Practice.

Albertsons appoints Gardner, Nelsen to Group VP roles

Albertsons appoints Gardner, Nelsen to Group VP roles

BOISE, Idaho — Albertsons Cos. has named Jonathan Gardner group vice president of strategic sourcing. In this new position, Gardner will report to Evan Rainwater, senior vice president of strategic sourcing and manufacturing. Albertsons has also promoted David Nelsen to group vice president of manufacturing. “Jonathan is an incredible leader who brings a significant amount

Albertsons enhances shopping websites, apps for the visually impaired

Albertsons enhances shopping websites, apps for the visually impaired

BOISE, Idaho — Albertsons Cos. announced Tuesday an initiative to make its online grocery shopping websites and mobile applications more accessible and usable for shoppers with disabilities. Albertsons Cos. strives to substantially conform to the Web Content Accessibility Guidelines (WCAG) version 2.0 Level AA as its accessibility standard.  It has made significant enhancements to its online

Albertsons elevates store checkout experience with Toshiba

Albertsons elevates store checkout experience with Toshiba

BOISE, Idaho — Albertsons Cos. is empowering consumers with fast and convenient in-store checkout experiences by implementing Toshiba Global Commerce Solutions’ self-checkout systems. By leveraging Toshiba’s focus on front-end store optimization, Albertsons Cos. expects checkout times to speed up – from wait time in line to payment – to improve operational throughput and reduce shopper

Groups decry drug price rule

Groups decry drug price rule

WASHINGTON — Pharmacy organizations have decried the government’s refusal to reform direct and indirect remuneration (DIR) fees in its new drug pricing rule. “We are disappointed and frustrated that this final rule fails to finalize pharmacy DIR reform as proposed, to the detriment of seniors and community pharmacies,” said a statement from the National Association

Albertsons partners with Glympse technology

Albertsons partners with Glympse technology

BOISE, Idaho – Albertsons Cos. is enhancing its eCommerce platform with Glympse, a location sharing technology that gives shoppers real-time status of their grocery delivery or Drive Up & Go order. When customers are finishing their delivery order with an Albertsons Cos. store, they can now opt-in to notifications powered by Glympse via text or email

Albertsons to offer new AI shopping experience

Albertsons to offer new AI shopping experience

BOISE — Albertsons Cos. is working with Microsoft on cloud-based computing and artificial intelligence solutions that it says will provide new and transformative experiences for customers and employees. “We are reimagining the future to serve customers in a way they want to interact with us across all channels,” said Anuj Dhanda, Albertsons Cos. executive vice president

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