John Colgrove, current head of the Intermountain Division, will leave the company this summer and Brad Street, leader of ...

We recently published a list of the 12 Cheap Retail Stocks to Buy According to Hedge Funds. In this article, we are going to ...

Albertsons Companies , Inc. (NYSE:ACI) stands as a prominent player in the U.S. grocery market, with annual revenue reaching $79.93 billion, leveraging its scale and diverse offerings to maintain a ...

If we don’t see any significant sales momentum by 2026, then people will be raising some red flags,” one analyst said.

Following the collapse of its planned merger with Kroger, Albertsons Companies is doubling down on its strategy to grow market share and ... He continued: “Our stores are operating more ...

Kroger is cutting about 200 employees across 3 office sites, and Albertsons is laying off 150+ Safeway corporate workers ...

Albertsons Cos., which owns Albertsons and Safeway supermarkets, cited productivity needs in laying off 225 workers at an office in north Phoenix.

Just in the Phoenix market, Albertsons has the seventh highest market share of all the grocery stores operating in the Valley. In 2023, its local sales were estimated at $789 million. Safeway is ...