BOISE, Idaho — Albertsons Cos. has named Omer Gajial as its new senior vice president of pharmacy and health, according the the retailer’s LinkedIn page. He previously held positions at Amazon and PepsiCo. Gajial replaces Mark Panzer, who left his role as senior vice president of pharmacy, health and wellness in August. A former chairman
BOISE, Idaho — Albertsons Cos. announced today that it has partnered with Phosphorus to begin offering at-home COVID-19 test kits in select market areas, with plans to expand the offering throughout September and October. The saliva tests typically return results in 72 hours or less from the time the lab receives the test. Albertsons Cos.
BOISE, Idaho – Albertsons Cos. reported net income of $586 million in its first quarter, with pandemic-related demand pushing up identical-store sales by 26.5%, the company said Monday. Digital sales increased 276% in the 16 weeks to June 20, as more shoppers sought to stock up on food and essentials from the safety of their
BOISE, Idaho — Albertsons Cos. has launched an initial public offering involving 6.8 million shares of its common stock, the company announced Thursday. The retailer plans to list its shares on the New York Stock Exchange under the symbol “ACI.” The stock will be sold by some of the company’s stockholders at an expected price
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
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
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
BOISE, Idaho — Last month, Albertsons Cos. posted a 2.4% same-store sales increase in its 2019 second quarter, its seventh straight quarterly gain. The company also reported net income for the quarter of $294.8 million (versus a net loss of $32.4 million in the prior-year period) and a 40% increase in sales for its online
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,
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
BOISE, Idaho — Albertsons Cos. announced Wednesday that Shane Sampson, executive vice president and chief marketing a merchandising officer, has decided to leave the company at the end of its second fiscal quarter on September 7. The company has launched a search for a successor. Sampson is a fourth-generation retailer who started his career as
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.
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
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