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Grocer Albertsons Lifts Sales View on Steady Demand, Margin Pressure Weighs on Shares
FILE PHOTO: Vehicles sit parked in front of an Albertsons supermarket after a U.S. judge blocked the pending $25 billion merger of U.S. grocery chains Kroger and Albertsons, siding with the U.S. Federal Trade Commission, in Seattle, Washington, U.S. December 10, 2024. REUTERS/David Ryder/File Photo
But its new CEO, Susan Morris, painted a rosy picture of the Boise-based company’s future during a quarterly earnings call ...
CEO Susan Morris views the Albertsons for U program, which saw membership rise 14% year over year, as a valuable source of ...
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Grocery workers at Albertsons and Smith's stores across New Mexico will get raises and improved benefits after voting to finalize new union contracts, narrowly avoiding a potential strike. The two ...
The combined Texas division will consist of more than 210 stores and 26,000 employees throughout parts of Texas and Louisiana ...
Both retailers are back in cost-cutting mode after their megamerger failed. Here’s what to watch in the months ahead.
Prominent retail executive Duncan MacNaughton was appointed chairman and CEO of Family Dollar back in May, while Jason Nordin ...
Albertsons said it is now expecting comparable sales to be up 2% to 2.75% for the full fiscal year, up from a prior outlook for 1.5% to 2.5% growth. Gross margin weakened slightly due to the increase ...
The grocer is offering shoppers in its paid loyalty tiers more than $100 in savings during a two-week stretch that starts ...
Workers from six union locals on Friday voted to accept new three-year pacts with Ralphs, a subsidiary of Kroger, and ...
Kroger had contracted with Ruan Transport Corporation for truck drivers and mechanics at its Tolleson distribution center but ...
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