Albertsons Companies news

06 June 2018
Albertsons has launched an ultra-premium private brand, Signature Reserve. Developed to offer unparalleled quality Signature Reserve has been developed to offer exceptional quality, using expertly sourced flavors and ingredients. The initial launch of Signature Reserve is for seven flavors of ice cream. These include Brazilian Guava Cheesecake, Madagascar Vanilla, Colombian Cold Brew Carame...
13 April 2018
We review Albertsons’ fourth quarter performance and the prospects for the year ahead as it sets to complete its merger with Rite Aid and push ahead with three other key initiatives. Improving performance in the fourth quarter Albertsons’ fourth quarter sales increased by 1.6% to $14.0bn, with identical store sales (ex-fuel) up 0.6%. The retailer’s net income increased from $34.6m to $388.3...
09 April 2018
We look at how the on-demand shopping platform has crafted a range of new deals this year, enabling several retailers to enter, or extend their presence, in the grocery ecommerce channel. Spurred on by Amazon Whole Foods Market deal Founded in 2012, Instacart has become the leading on-demand delivery platform for grocery ecommerce in North America. Having partnered with Whole Foods Market t...
06 April 2018
We look at Albertsons’ plans to expand the distribution of Plated branded meal kits following the launch of small store test earlier this year. Optimising its acquisition of Plated Albertsons acquired Plated, one of the leading meal kit companies in the US, last year. At the time of the deal, the retailer stated that the vision was to create a multi-channel offering. This would include the ...
21 March 2018
Albertsons is launching an online marketplace which will feature products from smaller suppliers and an extended range of products in long-tail categories. Expand range of smaller, challenger brands The launch of the marketplace will enable Albertsons to significantly expand the range of products that it offers. It will initially focus on smaller, niche brands which are growing in popularit...
05 March 2018
Albertsons has appointed Jim Donald, former President and Chief Executive Officer of Starbucks, as President and Chief Operating Officer. Established operator with significant industry expertise Donald brings significant operations experience to Albertsons, although he will be familiar with the organisation having previously held senior leadership roles at both Albertsons and Safeway. His k...
21 February 2018
We look at the factors behind the plans of leading US grocery retailer, Albertsons, to merge with Rite Aid, one of the country's largest drugstore chains. Annual sales in excess of $80bn Albertsons is one of the leading grocery retailers in the US, operating over 2,200 stores and almost 1,800 in-store pharmacies. By merging with Rite Aid, which operates over 2,500 pharmacies, following the ...
08 February 2018
Albertsons is to open a new food-inspired format, Market Street Idaho, later this year. Foodie-focused format to inspire shoppers The retailer will open two stores under this new format and banner in Boise, Idaho. The concept has been developed to create an elevated food experience, reflecting the area’s food heritage. Featuring locally sourced and unique products, the store will aim to sti...
02 February 2018
In the run-up to the Super Bowl, we review the promotional campaigns of grocery retailers across various channels in the US. The trading opportunity For many grocery retailers in the US, Sunday is the busiest trading day of the week during the regular season. Building on this, the Super Bowl is a major sales event, with most focusing on the snacking and party-food opportunity. This extends ac...
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...