BOISE, Idaho — Albertsons Cos. announced last month that Vivek Sankaran, chief executive officer of PepsiCo Foods, North America, has been named the retailer’s new president and CEO, effective April 25. Jim Donald, currently the company’s president and CEO, will continue as co-chairman of the board, while Leonard Laufer will serve as the other co-chairman.
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.
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
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
NAPERVILLE, Ill. — KeHE Distributors announced Tuesday that it has renewed its supply agreement with Albertsons Cos. as their primary distribution partner for natural, organic and specialty products. Speaking about the renewed partnership, Brandon Barnholt, president and chief executive officer of KeHE Distributors stated, “Albertsons is a premier U.S. food retailer, their blue-chip portfolio of banners, emerging
BOISE, Idaho — To bolster the public’s awareness about flu vaccinations and the fact that many insurance plans will cover most or all of the cost, Albertsons Cos. pharmacies have fully revamped their informational consumer flu websites with new features, easier navigation, and interactive tools this flu season. The online campaign is designed to make
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
CAMP HILL, Pa. and BOISE, Idaho – Rite Aid Corp. and Albertsons Cos. announced that, in connection with the pending merger between Albertsons and Rite Aid, the election deadline for holders of shares of Rite Aid common stock, former service providers that are holders of Rite Aid restricted stock units and holders of Rite Aid
BOISE, Idaho — Albertsons Cos. pharmacies are alerting U.S. communities that they are stocked with the flu vaccine and ready to immunize for the 2018-19 flu season. Getting the flu vaccine as soon as it becomes available is currently the best way to prevent getting and spreading the flu virus. The Centers for Disease Control
CAMP HILL, Pa. – Rite Aid Corporation announced that it is updating its fiscal 2019 outlook, which the company initially provided on April 12, 2018 and included expectations for sales, same store sales, Adjusted EBITDA, net loss, Adjusted net income per share, and capital expenditures. As previously disclosed, Rite Aid’s outlook is based on a number
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,
CAMP HILL, Pa. – Rite Aid Corp. has sent a letter to shareholders in connection with its proposed merger with Albertsons Cos., Inc. The letter answers certain frequently asked questions from investors and outlines key reasons the Rite Aid Board and management team believe the proposed merger is in the best interest of shareholders, and
BOISE, Idaho — Albertsons Cos. reported 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%
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