Albertsons Companies news

20 May 2022
US-based Albertsons is partnering with Veeve Smart Carts to launch smart carts in around a dozen stores across the country. The retailer is aiming to develop a fast, contactless experience for its shoppers. Skipping traditional checkouts A growing number of retailers are piloting smart carts to offer a checkout-free shopping experience. Veeve Smart Carts enable shoppers to place their items...
26 April 2022
As part of its new “Recipe for Change” Environmental, Social and Governance (ESG) framework, Albertsons has outlined a series of goals, including achieving net zero emissions in its operations by 2040. Recipe for Change framework Albertsons’ framework is based around four pillars: Planet, People, Product, and Community. It will be led by its chief sustainability and transformation officer, ...
14 April 2022
Albertsons outlined its new transformation strategy, Customers for Life, placing its customers at the heart of its growth-centric model. Customers for Life The central element of Customers for Life is a plan to place the customer at the centre of everything it does, with the goal of “supporting them every day, every week, and for a lifetime.” Beyond shopping its stores, Albertsons wants its ...
01 March 2022
Albertsons, the second largest supermarket operator in the US, is undertaking a Board-led review of potential strategic alternatives aimed at “enhancing its growth and maximising shareholder value.“ We consider what the potential outcomes could be. Transformation strategy This review comes as the retailer pursues a major transformation strategy, centred on accelerating its digital and omnic...
22 February 2022
One of the USA’s leading grocery retailers, Albertsons, is partnering with DoorDash to launch a new 30-minute delivery service for online grocery orders. We look at how this fits into the quick commerce segment and what it could mean for its future evolution. Launching in 20 major cities The launch will see Albertsons and DoorDash, a leading on-demand delivery service for retailers and rest...
12 January 2022
We review US-based Albertsons’ third quarter performance and the progress it’s making against its strategic plan, including winning with omnichannel households. Q3 key numbers Total revenue increased 8.6% to $16.7bn Identical store sales increased 5.2%; on a two-year stacked basis identical sales growth was 17.5% Digital sales increased 9%; on a two-year stacked basis digital sales...
21 December 2021
US-based Albertsons is partnering with Picadeli to test its high-tech salad bars in six locations. Food safety and profitability This solution is being tested at six Safeway, ACME and Kings locations across Washington, D.C., Maryland, and New Jersey. It addresses two of the key challenges with operating salad bars; food safety and profitability. Salad bars were one of the first in-store ele...
15 November 2021
US-based Albertsons is launching a new digital media business. This comes almost four years after the launch of a similar programme. Reaching 100m shoppers The new retail media network, Albertsons Media Collective, has been developed to enable its CPG suppliers to deliver “digitally native, shopper-centric and engaging branded content “ to its 100m shoppers across the US, including 27m memb...
19 October 2021
We review Albertsons’ second quarter performance and the progress it's making against its strategic plan. Q2 key numbers Total revenue increased to 4.7% to $16.5bn Identical store sales increased 1.5%; on a two-year stacked basis identical sales growth was 15.3% Digital sales increased 5%; on a two-year stacked basis digital sales growth was 248% Net income increased 3.8% to $29...
27 September 2021
We look at Albertsons’ plans to improve the online shopping experience through introducing livestreaming and shoppable videos, plus its new partnership with Pinterest. Helping shoppers to discover new products Albertsons is partnering with Firework, the short-form video platform designed to bring a shoppable, livestream video experience to any website. This type of model can help transform ...