Albertsons Companies news

17 January 2018
We review the latest developments at Albertsons, including its third quarter results. Sales under pressure as traffic declines Albertsons’ net sales were broadly flat in Q3, falling 0.1% to $13.6bn, with comparable store sales down 1.8%. The retailer saw traffic decline 2.7% in the quarter as its promotional investments failed to resonate with its customers. The retailer mainly saw declines...
16 January 2018
Following the introduction of 200 new products, which contributed to a 15% increase in sales last year, Albertsons’ O Organics range has grown into a $1bn private brand. Expanded since the acquisition of Safeway This is a major milestone for the brand which stretches across most food categories at Albertsons. Following the acquisition of Safeway in 2015, which originally created it in 2005,...
29 November 2017
Albertsons has signed an agreement with Instacart to offer same-day deliveries in as little as one hour. Service available in 1,800 stores by mid-2018 Starting next year, customers will be able to choose delivery by Instacart from Albertsons’ range of banners across key markets. This will operate alongside its existing home delivery service, which Albertsons has been extending into several ...
20 November 2017
Albertsons has made a strategic investment in El Rancho Supermercado, a Texas-based retailer which operates stores focused on Latino customers. Growing Albertsons’ business in Texas El Rancho Supermercado operates 16 stores in Texas. Following this investment, which will see El Rancho continue to operate as an independent company, Albertsons will aim to optimise their combined expertise to ...
25 October 2017
We review Albertsons’ second quarter results, including its strong ecommerce performance. Sales flat as losses grow Second quarter sales decreased marginally by 0.2% to $13.8bn, with identical store sales, excluding fuel, down 1.8%. This was driven by a 4.0% decline in customer traffic, offset by an increase of 2.2% in average ticket size. Net losses for the period came in at $355.2m, compa...
05 October 2017
New figures released by IGD reveal that online grocery will be the fastest growing channel in the US over the next five years. Channel set to hit $34.7bn by 2022 The online grocery channel is forecast to increase from $15.1bn in 2017 to $34.7bn in 2022, an increase of $19.6bn, with a CAGR of 18.1%. The online channel is developing at pace in the US and although many leading retailers have o...
21 September 2017
National grocery chain Albertsons is buying start up company Plated, a meal kit subscription service. Plated to become a subsidiary of Albertsons The purchase will make Plated a wholly owned subsidiary of Albertsons, but it will continue to operate as a distinct brand and will retain its leadership team. The company, which launched in 2012, has been using data and technolog...
15 May 2017
We review Albertsons' latest results and opportunities to expand its operations in the US. Cycling tough comparables Albertsons' fourth quarter identical store sales fell by 3.3%, continuing the downward trend the retailer has experienced throughout the year. The major impact on its sales performance has been deflation in several key commodities, although it was also cycling a robust perfor...
27 March 2017
As speculation of a tie-up between Albertsons and Sprouts Farmers Market continues to grow, we look at what the deal could mean for the two businesses. Albertsons has successful track record in integrating businesses As a serial acquirer of retailer businesses, Albertsons has grown to be the second largest supermarket operator in the US, with over 2,200 stores. With a decentralised model, a...
07 March 2017
With several major retailers recently reporting quarterly results recently, including Walmart, Kroger and Costco, we look at the five key themes shaping their performances.  1. Deflation making its impact on growth rates Growth rates across the grocery retail market have slowed significantly over the last year. While the factors behind this are often complex and relative to each individual ...