Albertsons cites GLP-1s and AI as sources for optimism amid inflationary headwinds.
Shares of grocery retailer Albertsons rose Wednesday morning after the company reported better third-quarter earnings than ...
The grocer has “got to accelerate our growth rates to compete with the very, very best in the industry,” CEO Vivek Sankaran ...
By Ananya Mariam Rajesh (Reuters) -Albertsons executives focused on moving on from its scuttled merger with Kroger on ...
What’s next for Kroger following its failed bid to buy Albertsons? Will the divorce affect Rodney McMullen’s future? Will the ...
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.
Albertsons is set to report fiscal 2024 third-quarter results Wednesday morning, its first report since the grocery chain's ...
Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new ...
The Boise, Idaho, grocery chain reported net income of $400.6 million, or 69 cents a share, for the third quarter, up from $361.4 million, or 62 cents a share, a year earlier. Stripping out certain ...
Albertsons, which has sued Kroger after the grocer terminated their $25 billion deal, now expects annual 2024 identical sales ...
Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing each other ...
BOISE — What a difference a day makes. On Tuesday, they were partners. On Wednesday, they were angry divorcees. Albertsons called off its proposed sale to Kroger and sued the rival grocer for ...