Albertsons Companies news

16 May 2016
As Albertsons reports its fourth quarter sales, we take a look at how it’s been driving growth at Safeway during its first year of ownership. Identical store sales growth accelerated through 2015 Albertsons acquired Safeway in January last year, more than doubling the scale of the business. While Safeway had been delivering solid results prior to its acquisition, under Albertsons’ ownership...
04 April 2016
We look at the key reasons why Albertsons is launching a new private label, Signature, across its store estate. Signature as an umbrella brand The new Signature brand will be launched across Albertsons’ almost 3,000 store strong estate and all 18 banners. Covering almost 4,000 items, the Signature umbrella brand will be a multi-category brand covering fresh, grocery and consumable product ...
15 March 2016
Albertsons has announced the acquisition of 29 stores from Haggen, 15 of which will be operated as a separate business unit under the Haggen banner. Most stores acquired from Albertsons closed or divested This deal sees a number of former Albertsons stores return to the company. At the end of 2014, Haggen acquired 146 stores which Albertsons and Safeway were required to divest in order to...
24 February 2016
Aldi will open its first stores in Southern California next month as part of a broader development strategy focused on the region. Among a range of competitors will be sister company, Trader Joe’s. Will support plans to reach 2,000 stores by 2018 Aldi will open eight stores simultaneously on March 24, the first of 45 which are expected to open in Southern California this year. The retailer...
16 February 2016
We highlight the five trends set to shape the grocery sector in the US and Canada this year. 1. Format reinvention Our key trend to watch this year is ‘format reinvention’. We expect to see a number of new concepts enter the market, with a particular focus on the supermarket format. Over the last year, retailers in North America have been channelling increased levels of investment into this...
25 November 2015
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...
05 November 2015
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...
20 October 2015
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...
10 September 2015
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...
08 September 2015
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 ...