Albertsons Companies news

01 March 2021
Last September, Albertsons opened the latest iteration of what it refers to internally as Pavilions 2.0, which features a new décor package for its upscale banner. We look at how fresh foods are being executed across three departments. Remodeled store The store, located in the Sherman Oaks neighborhood of Los Angeles, is an expanded version of an older Pavilions. This banner forms part of t...
12 January 2021
We review Albertsons’ third quarter performance and the progress it’s making against its four strategic priorities. Q3 key numbers Sales and other revenue up 9.3% to $15.4bn Identical store sales increased 12.3% Digital sales growth of 225% Operating income up 25.1% to $258.5m Gaining millions of new households The pandemic continues to drive elevated demand across the r...
07 January 2021
Albertsons’ Jewel-Osco division is testing an automated pickup kiosk for online grocery orders in the Chicago market. Partnership with Cleveron The retailer has partnered with Estonia-based Cleveron to pilot the automated and contactless grocery pickup kiosk. Located at a Jewel-Osco store in Chicago, customers can select the “Kiosk PickUp” option when placing their order. Cleveron is one of...
24 December 2020
We look at how several of the leading US retailers are supporting the roll-out of the COVID-19 vaccine. Walmart supporting healthcare workers in rural areas This month, Walmart has started to administer the Moderna vaccine to healthcare workers (Priority 1A) in New Mexico. Store locations have been selected to support its administration in more rural areas. Given the vital role its stores, ...
20 October 2020
Albertsons, the third-largest food retailer in the US, has rolled-out a new contactless payment tool across its store network. Contactless payment Albertsons Pay has been launched within the retailer’s just for U loyalty app. It provides shoppers with a safe, secure and contactless way for shoppers to pay in-store. They can also apply discounts and earn rewards within the app. It has been r...
19 October 2020
Albertsons is piloting pickup lockers at selected Jewel-Osco stores in Chicago and Safeway stores in the San Francisco Bay area. Focus on contactless solutions The introduction of the lockers comes as retailers increasingly focus on providing customers with contactless solutions for ecommerce and other services. They will complement its existing fulfilment models which include store pickup,...
14 October 2020
Albertsons’ Mid-Atlantic division, ACME Markets, has emerged as the successful bidder for 27 Kings Food Market and Balducci’s Food Lover’s Market locations. Increasing competition leading to bankruptcy The retailer’s parent company, KB US Holdings, filed for bankruptcy in August, having faced significant competition in its operating region. The company operated a total of 35 stores. This in...
17 August 2020
We look at some of the latest initiatives from the major US grocery retailers, Walmart, Kroger and Albertsons.  Walmart is partnering with Instacart for on-demand deliveries Walmart has partnered with the leading on-demand, crowd-sourced delivery company, Instacart, to offer online grocery deliveries in Los Angeles, San Francisco, San Diego, and Tulsa, Oklahoma. Instacart joins a roster of ...
27 July 2020
US-based Albertsons delivered a strong first quarter, including digital sales growth of 276%. Identical store sales up 26.5% Albertsons’ first quarter sales increased 21.4% to $22.8bn, with identical store sales up 26.5%. The significant increase was driven by the surge in demand related to COVID-19, which also underpinned the acceleration of its digital operations. Net income increased fro...
16 July 2020
As coronavirus cases spike in the US, several major US retailers will require shoppers to wear face masks. We look at what this means in terms of the intensity of the coronavirus pandemic in the the country. Bringing consistency across their operations Following Walmart's annoncement earlier in the week, several other US retailers have announced face mask mandates, including Kroger and Albe...