Albertsons Companies news

At the start of the year we highlighted the five key trends we would be watching in the US this year. As the retailers now move into the critical holiday season, we look at how these trends have been brought to life this year. 1. Considered consolidation While the fragmented nature of the sector lends itself to consolidation, this year we have seen a number of major deals. The tone was s...

As Whole Foods Market reports challenging fourth quarter and full year results, we review how it plans to deliver an improved performance going forward. Challenging results but leadership remains optimistic Whole Foods Market has reported a challenging set of quarterly results, with sales and profits under pressure. While some of the factors driving this performance are self-inflicted, inc...

As The Fresh Market becomes the latest grocery retailer to explore strategic options, we look at what’s driving an unprecedented level of change in the US grocery sector. Strategic and financial review underway at The Fresh Market The Fresh Market joins a long list of retailers in the US which could disappear from the retail landscape altogether, or at least, emerge in a very different for...

We review the implications as Haggen files for Chapter 11 bankruptcy protection in the US. Big step up for a retailer with strong local appeal Haggen made the leap up from a small retailer in the Pacific north west with 18 stores to a regional west coast chain with over 150 stores at the end of last year when it acquired 146 stores from Albertsons and Safeway. These stores formed part of th...

As Google Express gets set to start testing a fresh foods and groceries delivery service in the US, we look at some of the key initiatives shaping this important growth channel. Adding fresh to help drive sales and profitability In an interview with Bloomberg , Google Express’ General Manager, Brian Elliott, spoke about plans to offer customers a broader basket of goods than is currently ...

We take a look at how Albertsons is driving an improved performance at the retailers it has acquired over the last two years. First quarter sales up 2.2% Having announced plans last month for an initial public offering (IPO) of its shares, an updated filing with the SEC reveals an improving performance at the business it has acquired over the last two years. In the first quarter of this...

As Albertsons, the second largest supermarket operator in the US, plans for an initial public offering (IPO) of its shares, we review how it’s improving the performance of its acquired businesses. Major operator in the US grocery sector Albertsons emerged as major grocery retailer in the US following the acquisition of almost 900 stores from Supervalu in 2013 and the Safeway US business ear...

With Bi-Lo Holdings announcing the appointment of Ian McLeod as its new President & CEO, we take a look at what this could mean for the retailer’s future development. Engineered and led significant retail turnaround Ian McLeod joins Bi-Lo from Coles in Australia, the country’s second largest grocery chain. He handed over the reins at the retail chain last year, stepping down from his r...

With Albertsons and Safeway announcing that they have entered into agreements to sell 168 stores to secure clearance for their proposed merger, northwest based Haggen has emerged as one of the key beneficiaries, acquiring 146 of the stores. Local operator makes leap to regional grocer Until this announcement, Haggen would have been relatively unknown within the US grocery industry beyond i...

Albertsons and Safeway have released the details of the leadership team and organisational structure which will take effect upon the closing of the proposed merger transaction between the two retailers. Three regions, four divisions, no banner changes When the deal was initially announced, it was revealed that Safeway’s President & CEO, Robert Edwards, would lead the combined group. The broa...