Albertsons CEO unveils plan to compete with Walmart and Costco after $24.6 billion Kroger meltdown
Albertsons cites GLP-1s and AI as sources for optimism amid inflationary headwinds.
Hosted on MSN2d
Albertsons CEO Promises Shoppers Major Savings—Here's What to Expect This Year
Albertsons is the third-largest grocery chain in the U.S., preceded by Kroger at number two and Walmart at number one.
Walmart doubles down on grocery as traditional rivals sputter
Walmart CFO John David Rainey explains why a growing number of customers are turning to them for their grocery needs. Rainey noted the new store experience is part of the reason.
Albertsons raises profit forecast as it moves on from Kroger
Albertsons missed third-quarter sales expectations on Wednesday, as intense competition from bigger retailers such as Walmart ...
Grocer Albertsons Misses Quarterly Sales Estimates on Demand Hit
Albertsons, which has sued Kroger after the grocer terminated their $25 billion deal, now expects annual 2024 identical sales ...
Crain's Chicago Business3d
Jewel parent Albertsons raises profit guidance after dropping Kroger deal
We are a stronger company today than pre-merger,” Chief Financial Officer Shannon McCollam said on a call with analysts.