For months, it has felt like nothing could take the country’s collective focus off the COVID-19 crisis. Then, a stream of tragic stories with graphic videos and an all-too-familiar theme emerged again. Over the weekend, we have all witnessed the community outrage provoked by a long history of racism in our country reaching a boiling point due to the recent and senseless killing of George Floyd. The impact of these events has arrived at our doors. We have closed some facilities on the advice of local law enforcement – and have seen a few of our stores damaged by rioters. We will fix these stores and be back in business soon, but we have a more important agenda that demands our collective attention immediately.
Albertsons Companies announces $1.75 billion preferred equity investment led by Apollo Global Management
BOISE, Idaho, May 20, 2020 (GLOBE NEWSWIRE) - Albertsons Companies, Inc. (the "Company”) today announced that funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (“Apollo”) have led the purchase of $1.75 billion of convertible preferred stock of Albertsons Companies (the "Preferred Stock"). Following a repurchase of a portion of the common stock owned by the Company's current shareholders, on an as-converted basis the Preferred Stock will represent approximately 17.5% of pro forma common stock outstanding. The transaction is expected to close by June 15, 2020, subject to customary closing conditions.
Albertsons Companies Appoints Dan Dosenbach Senior Vice President of Labor Relations
Boise, ID – May 12, 2020 – Albertsons Companies has promoted from within its deep bench of highly experienced labor relations leaders to fill new roles within its Labor Relations leadership team.
Boise, Idaho, May 04, 2020 -- Albertsons Companies announced today that Juliette Pryor has been named Executive Vice President and General Counsel and will join the company’s Senior Leadership Team, effective June 15, 2020.
BOISE, Idaho, April 30, 2020 -- Albertsons Companies, Inc. (the "Company") today reported results for the fourth quarter of fiscal 2019 and full year fiscal 2019, which ended February 29, 2020 and included 13 and 53 weeks, respectively. The Company also provided a fiscal 2020 outlook and an update on the business in response to the COVID-19 pandemic.
BOISE, Idaho April 22, 2020 – Albertsons Companies today announced a $50 million commitment to hunger relief across the 2,200+ neighborhoods it serves in 34 states and the District of Columbia through its Nourishing Neighbors Community Relief campaign.
WASHINGTON, D.C. – Today, Albertsons Companies stores — including Safeway, ACME Markets, Jewel Osco, Vons, Pavilions, and Albertsons supermarkets — joined the United Food and Commercial Workers International Union (UFCW), America’s largest food and retail union, in announcing a joint national effort to seek a temporary designation of “extended first responders” or “emergency personnel” for supermarket associates to ensure that they are prioritized for testing and provided personal protection equipment during the coronavirus outbreak.
BOISE,Idaho, — March 23, 2020 – Albertsons Companies today announced that the company has begun implementing Social Distancing protocols across all 2,200+ stores. The goal with the protocol throughout the store is to follow guidance from the CDC to prevent customers from being within 6 feet of any other person for more than 10 minutes. Customers should see changes continue over the next week.
BOISE, Idaho —March 23, 2020— Throughout the country, businesses have been forced to close or scale back operations, furlough employees or reduce hours due to the COVID-19 crisis. Albertsons Companies is in a unique position to help and is partnering with major companies to provide part-time jobs to their employees who have been furloughed or had their hours cut.
BOISE, Idaho, — March 20, 2020 – Albertsons Companies today announced an Appreciation Pay program to all non-union and union frontline associates. Structured to recognize the hard-working team members on the front lines, the company’s e-commerce pickers and drivers, store associates, distribution center associates and manufacturing plant associates will receive a temporary $2 per-hour-worked increase, above and beyond their regular hourly pay and overtime.
BOISE, Idaho, — March 20, 2020 – As an added precaution during the ongoing COVID-19 outbreak, Albertsons Companies is installing Plexiglas in its checkout lanes as a protective barrier between customers and checkers. The Plexiglas “sneeze guards” will be installed in the company’s 2,200+ stores over the next two weeks, with many locations being complete in the next several days.
BOISE, Idaho — March 20, 2020 — Albertsons Companies announced today it will waive delivery fees for same-day and next-day deliveries, as well as for mail deliveries until May 1, 2020 to help customers have convenient access to their medications during the COVID-19 pandemic that is taking a toll on public health and safety.
To our valued customers and neighbors,
Like you, we are closely monitoring the Coronavirus pandemic, and acting as quickly as possible to continue serving you to the best of our ability, both in-store and through our various delivery options.
Boise, Idaho, March 19, 2020 – Albertsons Companies announced today that Evan Rainwater has been promoted to Executive Vice President of Supply Chain & Manufacturing.
BOISE, Idaho, March 18, 2020 - Albertsons Companies and Albertsons Companies Foundation have announced a pledge of $3 million and the launch of a major fundraiser to help feed families in need during the COVID-19 crisis
As the situation around Coronavirus continues to unfold, Albertsons Companies’ 2,200+ stores nationwide are setting aside dedicated shopping hours for senior citizens and other at-risk populations, such as pregnant women or those with compromised immune systems, who have been advised to avoid leaving home as much as possible.
To our valued customers and neighbors,
At Albertsons Companies, we know the important roles our store and pharmacy play in your life and we are grateful for the trust you put in us for your needs. As the situation around Coronavirus has developed, we have been and will continue to monitor all information locally, nationally and globally so we can plan how to best serve you. I wanted to take a moment to share some of the things our team is doing.
BOISE, ID – March 6, 2020 - Albertsons Companies, Inc. announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering consisting of common stock to be sold by certain of its stockholders and the issuance by the company of Series A mandatory convertible preferred stock.
Over the last several weeks, our Eastern division Safeway team has been working hard to negotiate an agreement with UFCW Locals 400 & 27 (hereinafter “the Unions”) that represent 10,400 dedicated Safeway associates in the Washington D.C., Virginia & Maryland area.
BOISE, Idaho, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Albertsons Companies, Inc. (the "Company") today reported results for the third quarter of fiscal 2019, which ended November 30, 2019.
Third Quarter of Fiscal 2019 Highlights
- Identical sales growth of 2.7%; marked the eighth consecutive quarter of identical sales growth
- Net income of $55 million
- Adjusted EBITDA of $634 million, slightly ahead of our expectations
- Own Brands sales penetration reached a new high of 25.6%
- Online home delivery and Drive Up and Go sales growth of 34%
- Just for U registrations and digital coupon redemptions up 25% and 31%, respectively
BOISE, ID — December 19, 2019 — Patients can now get prescription delivery in as little as 1-2 hours at select Albertsons Companies pharmacies in Louisiana, Texas and the District of Columbia, decreasing the time they must wait to receive critical medications.
BOISE, Idaho, December 12, 2019 – Albertsons Companies and Takeoff Technologies are teaming up to collaborate on the future of grocery micro-fulfillment centers (MFC). The two companies have decided to form a strategic partnership with dedicated teams to collaborate on the evolution of the microfulfillment capabilities to drive the future of e-commerce order fulfillment.
BOISE, Idaho — November 20, 2019 — Albertsons Companies’ exclusive debi lilly design™ line of floral and home décor is transforming the gift of flowers into the gift of hope.
Boise, Idaho, November 18, 2019 – Albertsons Companies announced today that Chris Rupp has been named EVP & Chief Customer & Digital Officer, effective December 3, 2019. Rupp joins Albertsons Cos. from Microsoft Corporation, where she most recently served as General Manager of the company’s Xbox Business Engineering team.
BOISE, Idaho — Albertsons Companies is strategically shifting the future of the Plated brand from a dinner-based subscription solution to a comprehensive in-house culinary brand that will join the company’s lineup of popular private label products.
November 7, 2019 – Boise, ID – Albertsons Companies, Inc. (the “Company”) today announced its intention to offer $500 million in aggregate principal amount of senior notes due 2027 (the “Notes”). The Company and its subsidiaries, Safeway Inc., New Albertsons L.P. and Albertson’s LLC, will be co-issuers of the Notes.
BOISE, Idaho — October 23, 2019 — Hunger Is started in 2014 as a radical aspiration to eradicate childhood hunger – an issue far too common in countless communities across the country. Each year, the annual campaign grew bigger and our stores and teams inspired more people to join in our mission.
BOISE, Idaho, Oct. 16, 2019 -- Albertsons Companies, Inc. (the "Company") today reported results for the second quarter of fiscal 2019, which ended September 7, 2019.
BOISE, Idaho — October 11, 2019 — With the weather turning colder and the holidays around the corner, Albertsons Companies pharmacies are offering flu shots for free with most insurance, with no appointment necessary.
BOISE, Idaho, Oct. 04, 2019 -- Albertsons Companies pharmacies are swapping white for brown as they transition from traditional white prescription bags to a new recycled brown bag at 1,700+ locations across the United States. The switch to the more sustainable bag is expected to save more than 5,000 trees annually.
BOISE, Idaho — September 25, 2019 —The U.S. Environmental Protection Agency (EPA) today awarded Albertsons Companies the esteemed Safer Choice Partner of the Year Award for leadership in furthering safer chemistry and increasing awareness of safer chemicals for consumer products.
BOISE, Idaho — September 23, 2019 — Seizing on consumer demand in frozen meals, Albertsons Companies has revamped its lineup of Own Brands entrees with 55 new items, from organic plant-based meals for the
“flexitarian” to premium high-protein power bowls and more.
BOISE, Idaho – September 10, 2019 – Albertsons Companies has promoted Own Brands President Geoff White to Executive Vice President and Chief Merchandising Officer.Merchandising Officer, Albertsons Companies
BOISE, Idaho — September 4, 2019 — After raising $30.2 million since 2014 to transform the lives of 200,000 children in need, Albertsons Companies and Albertsons Companies Foundation are once again teaming up with their customers across the country to help make sure every kid starts the day with a healthy breakfast
Boise, Idaho, August 19, 2019 – Albertsons Companies announced today that Shane Sampson, Executive Vice President and Chief Marketing & Merchandising Officer, has decided to leave the company at the end of its second fiscal quarter on September 7, 2019. The company has launched a search for a successor.
Boise, Idaho, August 8, 2019 – Albertsons Companies today announced that it has dismissed Granny C’s and CopenRoss Growlers from its lawsuit filed July 30, 2019 regarding use of properties in the Hillcrest Shopping Center.
Boise, Idaho, August 5, 2019 – Albertsons Companies announced today that Mike Theilmann has been named EVP & Chief Human Resources Officer, effective August 19, 2019.
Boise, Idaho, August 2, 2019 – Albertsons Companies announced today that Gineal Davidson has been named President of the company’s Portland division, which operates over 140 stores in Oregon and Washington.
Company Release - 8/1/2019 4:58 PM ET
BOISE, Idaho, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Albertsons Companies, Inc. (the “Company”) today announced the pricing of its upsized private offering of $750 million in aggregate principal amount of new 5.875% senior notes due 2028 (the “Notes”). The Notes will be issued at par value. This represents a $250 million increase in the original offering amount. The Company and its subsidiaries, Safeway Inc., New Albertsons L.P. and Albertson’s LLC, will be co-issuers of the Notes. The offering is expected to close on or about August 15, 2019, subject to customary closing conditions.
Company Release - 8/1/2019 8:50 AM ET
BOISE, Idaho, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Albertsons Companies, Inc. (the “Company”) today announced its intention to offer $500 million in aggregate principal amount of senior notes due 2028 (the “Notes”). The Company and its subsidiaries, Safeway Inc., New Albertsons L.P. and Albertsons’s LLC, will be co-issuers of the Notes.
Boise, Idaho, July 29, 2019 – Albertsons Companies announced today that Jonathan Gardner has been named its new Group Vice President of Strategic Sourcing. In this new position, Gardner will report to Evan Rainwater, Senior Vice President, Strategic Sourcing and Manufacturing. Additionally, the company has promoted David Nelsen to Group Vice President of Manufacturing.
BOISE, ID — July 29, 2019 — Albertsons Companies pharmacies are alerting U.S. communities that all 1,700+ locations across the U.S. are stocked with the flu vaccine and ready to immunize for the 2019-20 flu season. With flu season just around the corner, getting the flu vaccine as soon as it becomes available is the best way to prevent getting and spreading the flu virus.
BOISE, Idaho, July 24, 2019 (GLOBE NEWSWIRE) -- Albertsons Companies, Inc. (the "Company") today reported results for the first quarter of fiscal 2019, which ended June 15, 2019.
- Identical sales increased 1.5%
- Adjusted EBITDA increased 7.5% to $877 million compared to last year
- Net income of $49.0 million compared to a net loss of $17.7 million last year
- Own Brands sales penetration reached 25.3%
- Digital and eCommerce sales grew 33%
- Net debt leverage reduced to 3.3x at end of first quarter
BOISE, Idaho, July 3, 2019 — Albertsons Companies today announced an initiative to make its online grocery shopping websites and mobile applications more accessible and usable for shoppers with disabilities.
BOISE, Idaho and RESEARCH TRIANGLE PARK, N.C. – June 18, 2019 – Albertsons Companies, one of the largest food and drug retailers in the United States, is empowering consumers with fast and convenient in-store checkout experiences by implementing Toshiba Global Commerce Solutions’ self-checkout systems. By leveraging Toshiba’s focus on front-end store optimization, Albertsons Cos. expects checkout times to speed up – from wait time in line to payment – to improve operational throughput and reduce shopper interventions, with the ultimate goal of improving the customer’s grocery store experience.
BOISE, Idaho – June 6, 2019 – Albertsons Companies, an industry leader in seafood sustainability, announced today that it completed the phase-out of freshwater eel (unagi) from sushi products 3½ years ahead of its
self-imposed deadline of year-end 2022.
BOISE, Idaho — May 22, 2019 — Albertsons Companies’ Signature SELECT® brand is amping up its presence across stores with the addition of more than 300 new products and updated branding in 2019.
BOISE, Idaho, May 20, 2019 – Albertsons Companies, Inc. (the "Company" or "Albertsons") today announced the interim tender results for the previously announced tender offers (each offer a "Tender Offer" and collectively, the "Tender Offers") by its wholly-owned subsidiaries Safeway Inc. ("Safeway") and New Albertsons L.P. ("NALP" and, together with Safeway, the "Offerors"), to purchase for cash the debt securities listed in the table below (collectively, the "Securities" and each a "series").
Boise, ID - May 16, 2019 - Albertsons Companies and partners McFadyen Digital and Mirakl won the Most Innovative Commerce Experience award from Adobe at its global eCommerce conference, Imagine 2019.
Boise, ID - April 24, 2019 - Albertsons Companies, Inc. (the "Company") today reported results for the fourth quarter of fiscal 2018 and full year fiscal 2018, which ended February 23, 2019.
BOISE, Idaho, April 22, 2019 - Albertsons Companies today announced a broad plastic waste reduction pledge to advance sustainability throughout the company, starting with its extensive Own Brands portfolio.
ARMONK, N.Y. and BOISE, ID - April 11, 2019 - Albertsons Companies, one of the largest food and drug retailers in the United States, is joining the blockchain-based IBM Food Trust network and will begin piloting the technology to improve how food is traced from farm to store shelf.
Denver, Colo. – April 9, 2019 – Albertsons Companies has strengthened its employee benefits package by expanding its employees’ access to BridgeHealth, an industry-leading provider of Surgical Centers of Excellence.
Mountain View, Calif.– April 4, 2019 – One year after its launch, Albertsons Performance Media (APM) powered by Quotient is delivering to CPGs as high as two times more return on their ad spend compared to industry benchmarks set by Nielsen.
BOISE, Idaho – April 2, 2019 – Albertsons Companies’ Own Brands is elevating environmental stewardship and helping consumers live green with the launch of compostable and earth-friendly products in the popular Open Nature® brand.
BOISE, Idaho, March 29, 2019 - Albertsons Companies announced today that Vivek Sankaran, Chief Executive Officer, PepsiCo Foods North America, has been appointed President and Chief Executive Officer of Albertsons Companies, effective April 25, 2019.
BOISE, Idaho, March 26, 2019 - Albertsons Companies and Albertsons Companies Foundation today announced the results of a wide-ranging donation and community involvement effort to effect change in the neighborhoods they serve.
BOISE, Idaho – March 6, 2019 - Albertsons Companies announced today the Grand Opening of the new Albertsons Market Street at 3499 E Fairview Ave, Meridian, ID, will take place Saturday, March 9. This will be an all-day celebration with a ribbon cutting ceremony at 10 AM.
BOISE, Idaho – March 4, 2019 – Albertsons Companies is enhancing its eCommerce platform with Glympse, a location sharing technology that will give shoppers real-time status of their grocery delivery or Drive Up & Go order.
BOISE, Idaho and REDMOND, Wash. – February 22, 2019 – Albertsons Companies, one of the largest food and drug retailers in the United States, is betting on cloud solutions from Microsoft Corp., including Microsoft Azure and Microsoft 365, to provide new and transformative experiences to customers and employees.
Boise, Idaho - January 22, 2019 - Albertsons Companies, Inc. (the “Company”) today announced its intention to offer $500 million in aggregate principal amount of senior notes due 2026 (the “Notes”).
Boise, ID - January 14, 2019 - Albertsons Companies, Inc. (the "Company") today reported results for the third quarter of fiscal 2018, which ended December 1, 2018.
BOISE, Idaho, November 6, 2018 - Albertsons Companies today released its 2018 Sustainability Update, highlighting successes in reducing waste, expanding organic offerings, leading in seafood sustainability, and supporting the causes customers care about most.
BOISE, Idaho, November 1, 2018 - Albertsons Companies has expanded Signature RESERVE™, its exclusive new top shelf label, into a host of new categories just before the holidays.
BOISE, Idaho - October 30, 2018 - Albertsons Companies today announced it is partnering with Takeoff Technologies to pilot the micro-fulfillment center concept and Takeoff’s artificial intelligence capabilities, making it the first national grocer to implement an automated eCommerce fulfillment solution for customers.
BOISE, Idaho - October 16, 2018 - Handcrafted, hard-to-find items, and vendors wanting to increase product exposure find a home on Albertsons Companies new Albertsons.com/Marketplace site.
BOISE, Idaho - October 11, 2018 - Albertsons Companies and Albertsons Companies Foundation announced today that, through the generous donations of customers, the Hunger Is fundraiser to fight childhood hunger in America raised a record $7.2 million in just 30 days.
BOISE, Idaho - October 5, 2018 - To bolster the public's awareness about flu vaccinations and the fact that many insurance plans will cover most or all of the cost, Albertsons Companies pharmacies have fully revamped their informational consumer flu websites with new features, easier navigation, and interactive tools this flu season.