Albertsons

Albertsons IPO Falls Short Of Projections But CEO Remains Optimistic

Prior to the long-planned Albertsons IPO on June 26, the retailer believed the stock offering could raise up to $1.3 billion, based…

Albertsons IPO To Raise Up To $1.3 Billion

Albertsons is planning to raise up to $1.3 billion in an initial public offering that could value the grocery retailer at $11.6…

Albertsons CEO Steps Away Six Months After Assuming Role, Will Remain Co-Chair

Albertsons Companies has appointed Vivek Sankaran as President and CEO, effective April 25, 2019. Sankaran, presently CEO of PepsiCo Foods North America,…

Albertsons Partners With Microsoft To Bolster Cloud And AI Capabilities

Albertsons has partnered with Microsoft to implement cloud and AI solutions that will reduce friction in across the shopping experience within its grocery…

Rite Aid Names New CIO

Rite Aid has named Justin Mennen as its new Senior VP and CIO. Mennen replaces Steve Rempel, who left in March 2018 to…

Albertsons Pilots Automated Online Fulfillment With In-Store Robotics

Albertsons Cos. has big plans to automate fulfillment for local online grocery orders — and it all begins with a micro-fulfillment pilot…

Tops Supermarket Debuts Curbside Pickup, Adds Organic Options Online

Grocery delivery and curbside pickup have become the latest competitive arenas in supermarket retail, and regional player Tops Friendly Markets has joined…

Inforum 2018: Albertsons Deploys Food And Beverage Platform At Manufacturing Plants

Albertsons Cos. has implemented Infor CloudSuite Food & Beverage (M3) at the company’s Norwalk, Calif. beverage plant, and plans to roll out…

Albertsons Appoints Former Starbucks Head As President And CEO

Jim Donald, a former President and CEO of Starbucks, was named President and CEO of Albertsons Cos., effective immediately. Current Albertsons CEO…

Clobotics Names Ex-Walmart CIO To Advisory Board

Clobotics, a computer vision solution provider for the retail and wind power industries, has named Kevin Turner to its Board of Advisors….

Albertsons, Rite Aid Call Off $24 Billion Merger Amid Investor Criticism

Albertsons Cos. and Rite Aid have called off their $24 billion megamerger in the wake of investor criticism, leaving both companies wondering…

Albertsons Opens Online Grocery Platform With 3,800 Organic And Natural Products

Albertsons Cos. has partnered with Instacart to launch O Organics Market, a virtual grocery store. The service will have nearly 3,800 organic,…

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