Albertsons Companies news

31 October 2018
Albertsons is set to become the first national grocer in the US to pilot and implement a robotic picking and micro-fulfilment solution for grocery ecommerce. Utilising a range of ecommerce models Albertsons is partnering with Takeoff Technologies to launch an automated ecommerce fulfilment centre. The pilot is set to launch next year. The retailer currently operates a range of ecommerce mod...
16 October 2018
As Albertsons reported its second quarter performance, it lowered its guidance for full year identical stores sales. Expecting full year identical store sales of 1.0-1.3% Albertsons’ second quarter sales increased by 1.4% to $14.0bn, with identical store sales up 1.0%. While this was an improvement on the first quarter’s 0.2% growth, the retailer has lowered its guidance for full year. It e...
17 July 2018
We review Albertsons’ first quarter performance, including a rapid increase in ecommerce sales following the acquisition of meal kits company, Plated. Anticipates identical store sales of 1.5-2.0% for the full year Albertsons’ first quarter sales increased by 1.0% to $18.7bn with identical store sales up 0.2%. Adjusted EBITDA increased by 5.7% to $44.1 m. The retailer anticipates strengthen...
16 July 2018
Albertsons has partnered with Instacart to launch an online market, O Organics Market, featuring products from its O Organics and Open Nature private brands. Private brand powerhouse The service has launched initially in San Francisco and Washington, DC, before potentially rolling-out to other cities. The service offers almost 3,800 items from the O Organics, Open Nature and other organic a...
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...