Albertsons Companies and Rite Aid Mutually Agree to Terminate Merger Agreement
Boise, ID – August 8, 2018 – Albertsons Companies, Inc. (“Albertsons Companies” or the “Company”) today announced that it has mutually agreed with Rite Aid Corporation (NYSE: RAD) to terminate their previously announced merger agreement. The Company issued the following statement in regard to the termination: ...
Posted on: August 8, 2018
Albertsons Companies Pharmacies are Stocked with Flu Vaccine for the 2018-2019 Flu Season
(BOISE, ID — August 6, 2018) — Albertsons Companies pharmacies are alerting U.S. communities that they are stocked with the flu vaccine and ready to immunize for the 2018-19 flu season. Getting the flu vaccine as soon as it becomes available is currently the best way to prevent getting and spreading the flu virus.
Posted on: August 6, 2018
Albertsons Companies and Greycroft Announce $50 Million Fund to Invest in and Grow New Companies in the Grocery Sector
New York and Boise, Idaho, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Albertsons Companies and venture capital firm Greycroft today announced the creation of a fund, up to $50 million over time, that will invest in and aim to help grow emerging companies and technologies in the grocery sector. ...
Posted on: August 2, 2018
Albertsons Companies Announces Receipt Of Letter Relating To Safeway Notes
BOISE, Idaho, July 20, 2018 (GLOBE NEWSWIRE) — Albertsons Companies, Inc. (“Albertsons” or the “Company”) has announced that outside counsel to the Company has received a letter from a law firm purporting to represent in excess of 45% of the outstanding principal amount of Safeway Inc.’s (“Safeway”) 7.25% Senior Debentures due February 2031 (the “SWY…
Posted on: July 20, 2018
Albertsons Companies, Inc. Reports First Quarter Results
View PDF of Full Release with Financial Tables BOISE, Idaho, July 16, 2018 (GLOBE NEWSWIRE) — Albertsons Companies, Inc. (the “Company”) today reported results for the first quarter of fiscal 2018, which ended June 16, 2018. First Quarter of Fiscal 2018 Highlights and Update on Fiscal 2018 Outlook Identical sales increase of 0.2% Adjusted EBITDA of…
Posted on: July 16, 2018
Albertsons Companies Launches O Organics® Market In San Francisco And Washington D.C.
Virtual Store Offers Customers More Than 3,800 Organic, Natural, and Better-for-You Grocery Items Delivered in as Little as Two Hours BOISE, ID (July 12, 2018) – Albertsons Companies today announced the exclusive launch of O Organics® Market, an Instacart-powered virtual store where customers can easily find organic, natural, and other better-for-you foods, beverages, and grocery…
Posted on: July 12, 2018
Albertsons Companies First Quarter Conference Call
Boise, ID – July 10, 2018 – Albertsons Companies, Inc. (“Albertsons” or the “Company”) has announced the time and date of a conference call to discuss the Company’s financial results for the first quarter of fiscal 2018. The conference call, which will be hosted on Monday, July 16, 2018 at 11:00 a.m. Eastern Time (9:00…
Posted on: July 10, 2018
Albertsons Companies Offers Increased Access To Naloxone
More than 1,600 pharmacies in 21 states can provide the medication independently BOISE, ID, June 26, 2018 — Albertsons Companies announced today that more than 1,600 of its pharmacies across 21 states have pharmacists with the ability to independently provide naloxone, a medication used to reverse the impacts of an opioid overdose, and to educate…
Posted on: June 26, 2018
Albertsons Companies, Inc. Announces Proposed Floating Rate Senior Secured Notes Offering
June 4, 2018 – Boise, ID – Albertsons Companies, Inc. (the “Company”) today announced its intention to offer $500.0 million in aggregate principal amount of floating rate senior secured notes due 2024 (the “Notes”). The net proceeds received from the offering of the Notes, together with cash on hand and borrowings under the Company’s credit…
Posted on: June 4, 2018
Albertsons Companies Launches Signature Reserve™, An Ultra-Premium Own Brand With Top-Shelf Presence
New brand joins company’s lineup of iconic Signature brands, which account for nearly $6 billion in sales Boise, ID – May 31, 2018 –Albertsons Companies is expanding and elevating its Own Brands portfolio with a new top shelf culinary presence: Signature Reserve™. For life’s special and indulgent moments, Signature Reserve offers unparalleled quality and exquisite…
Posted on: May 31, 2018
Albertsons Companies Appoints Gautam Kotwal EVP, Chief Data And Analytics Officer
BOISE, Idaho — May 18, 2018 — Albertsons Companies announced today that Gautam Kotwal is joining the company as Executive Vice President and Chief Data and Analytics Officer. In this new role, Gautam Kotwal will be responsible for leading Albertsons Cos.’ innovation efforts to drive value, create competitive differentiation and design personalized shopper experiences wherever…
Posted on: May 18, 2018
Albertsons Companies, Inc. And Rite Aid Corporation To Host Analyst Presentation
BOISE, Idaho and CAMP HILL, Pa. – May 14, 2018 – Albertsons Companies, Inc. one of the nation’s largest grocery retailers, and Rite Aid Corporation (NYSE:RAD), one of the nation’s leading drugstore chains, announced today that they will host a joint analyst event on May 15, 2018. The management teams of both companies will discuss the strategic…
Posted on: May 14, 2018
Albertsons Companies Expects To Double Its Rate Of Own Brands Innovation In 2018
Nearly 1,400 product releases slated for 2018 across the popular Own Brands portfolio Boise, ID – May 2, 2018 – Albertsons Companies is on pace to introduce nearly 1,400 new Own Brands products to its family of stores in 2018, a more than two-fold increase over 2017 that further demonstrates the company’s confidence in developing…
Posted on: May 2, 2018
Albertsons Companies Appoints Jim Donald President and Chief Operating Officer
Boise, Idaho, Mar 05, 2018 (GLOBE NEWSWIRE) – Albertsons Companies announced today that Jim Donald, former President and Chief Executive Officer of Starbucks, has been appointed President and Chief Operating Officer of Albertsons Companies, effective immediately. Donald is an experienced retail operator with extensive knowledge of Albertsons Companies, having previously held senior leadership roles at both Albertson’s, Inc. and Safeway, Inc. Donald also served as a member of the Board of Directors of Rite Aid from 2008 to 2013.
Posted on: March 5, 2018
Albertsons Companies Announces Distribution on Contingent Value Rights Related to Casa Ley
BOISE, Idaho – February 27, 2018 – Albertsons Companies announced today that it is distributing 93.4 cents cash per Contingent Value Right related to the sale of Safeway’s 49% interest in Mexico-based food and general merchandise retailer Casa Ley, S.A. de C. V. (Casa Ley). The Contingent Value Rights, or CVRs, were issued on January 30, 2015 to former holders of common stock of Safeway Inc. in connection with the merger of Safeway into a wholly owned subsidiary...
Posted on: February 27, 2018
Albertsons Companies And Rite Aid Merge To Create Food, Health, And Wellness Leader
BOISE, Idaho and CAMP HILL, Pa. – February 20, 2018 – Albertsons Companies, one of the nation’s largest grocery retailers, and Rite Aid Corporation (NYSE:RAD), one of the nation’s leading drugstore chains, announced a definitive merger agreement under which privately held Albertsons Companies will merge with publicly traded Rite Aid.
Posted on: February 20, 2018
Albertsons Companies Launches Albertsons Performance Media Powered by Quotient
MOUNTAIN VIEW, Calif., January 25, 2018 – In an age where understanding your customers’ purchasing behavior is everything, Albertsons Companies is launching Albertsons Performance Media, powered by Quotient (NYSE: QUOT), a digital media capability that provides brands the opportunity to use proprietary shopper data to drive sales across Albertsons Companies’ network of more than 2,300 stores in 35 states.
Posted on: January 25, 2018
Albertsons Companies’ COO Wayne Denningham to Retire; Susan Morris Appointed EVP & Chief Operations Officer
BOISE, Idaho, Jan 16, 2018 (GLOBE NEWSWIRE) – Albertsons Companies today announced that President & Chief Operating Officer Wayne Denningham plans to retire near the end of the company’s fiscal year. Denningham garnered over 40 years with the company, having started working as a clerk as a teenager.
Posted on: January 16, 2018
Albertsons Companies’ O Organics hits $1 billion brand milestone
BOISE, Idaho – January 11, 2018 – Albertsons Companies today announced that its popular Own Brands label, O Organics, has become a $1 billion brand, a major milestone for one of the nation’s largest brands of USDA-certified organic products. “Everyone should have the opportunity to go organic...
Posted on: January 11, 2018
Albertsons Companies & Instacart Ink Agreement
Boise, ID – November 28, 2017 – Albertsons Companies, one of the nation’s largest grocery retailers, today announced it will increase customer convenience through an agreement with Instacart, the technology driven, nationwide on-demand grocery delivery service, by offering same-day deliveries in as little as an hour.
Posted on: November 28, 2017
Albertsons Companies Invests in Texas-Based El Rancho Supermercado
Boise, ID – November 16, 2017 – Albertsons Companies, one of the nation’s largest grocery retailers, today announced an investment in El Rancho Supermercado, a Texas-based retailer which focuses on stores for Latino customers. El Rancho will continue to operate as an independent company headquartered in Garland, TX.
Posted on: November 16, 2017
Albertsons Companies’ Hurricane Relief Fundraising Tops $8 Million
Boise, ID – September 21, 2017 – Albertsons Companies today reported that, in the span of 21 days, its generous customers and employees helped raise more than $8 million in disaster relief donations for the victims of Hurricanes Harvey and Irma through a point-of-sale campaign at its 2,300+ stores. The company also contributed millions of dollars in products to help people in Texas and Florida recover from the recent hurricanes.
Posted on: September 21, 2017
Albertsons Companies Acquires Plated to Transform the Food Experience for Consumers
Boise, ID and New York, NY – September 20, 2017 – Albertsons Companies, one of the nation’s largest grocery retailers, today announced the acquisition of Plated, a premier meal kit service. This move advances a shared strategy to reinvent the way consumers discover, purchase, and experience food.
Posted on: September 20, 2017
Albertsons Companies Raises Money Nationwide for Hurricane Harvey Disaster Relief and Pledges $200,000 in Matching Funds
Boise, ID – August 30, 2017 – As Hurricane Harvey continues to bring catastrophic flooding and devastation to parts of Southeast Texas, Albertsons Companies is mobilizing its entire chain of 2,300+ stores across the U.S. to aid in the disaster relief effort.
Posted on: August 30, 2017
Albertsons Companies Appoints Kevin Turner Vice Chairman, Senior Advisor to the CEO
BOISE, Idaho — August 7, 2017 — Albertsons Companies, LLC announced today that Kevin Turner, former Chief Operating Officer at Microsoft, has been appointed Vice Chairman of the Board of Managers of AB Acquisition LLC., its direct parent...
Posted on: August 7, 2017
Safeway Inc. Enters Agreement to Settle Compliance Investigation
BOISE, Idaho — July 18, 2017 — Safeway Inc., part of Albertsons Companies, announced today that it has entered into an agreement with the United States Department of Justice, the federal Drug Enforcement Administration (DEA) and the United States Attorney’s Office for the Western District of Washington to settle a 2014 ...
Posted on: July 18, 2017
Albertsons Companies Announces Key Leadership Changes to Marketing & Merchandising Team
BOISE, ID – June 23, 2017 – Albertsons Companies today announced two key executive appointments to its Marketing & Merchandising team aimed at building on the organization’s momentum and accomplishments over the last several years. Dennis Clark has been promoted...
Posted on: June 23, 2017
Albertsons Companies Announces Tender Offers for up to $500 Million of Senior Notes of New Albertson’s, Inc. and Safeway Inc.
June 5, 2017 – Boise, ID—Albertsons Companies, LLC (the “Company”) today announced that its wholly-owned subsidiaries New Albertson’s, Inc. (“NAI”) and Safeway Inc. (“Safeway” and, together with NAI, “we,” “us” or the “Offerors”), have commenced separate...
Posted on: June 5, 2017
Albertsons Companies Acquires MedCart Specialty Pharmacy
May 31, 2017 – Boise, ID— Albertsons Companies announced today that it recently acquired MedCart Specialty Pharmacy in order to strengthen and extend its pharmacy specialty services. MedCart Specialty Pharmacy is an industry-leading, URAC accredited, pharmaceutical and healthcare...
Posted on: May 31, 2017
Albertsons Companies Announces Key Digital Hires
BOISE, ID – May 23, 2017 – Albertsons Companies today announced two key digital leaders who will collectively add 30 years of digital leadership experience in product and digital technology respectively: Karl Varsanyi, who helped develop macys.com into one of the largest eCommerce sites in the...
Posted on: May 23, 2017
Albertsons Companies Becomes First Major Grocer to Sell Fair Trade Certified™ Scallops
BOISE, Idaho (May 4, 2017) — Albertsons Companies today announced that it has expanded its Fair Trade Certified™ seafood program and its commitment to responsible sourcing by becoming the first major grocer to carry Fair Trade Certified™ scallops.
Posted on: May 4, 2017
Albertsons Companies Names Jewel-Osco Veteran Doug Cygan Division President
BOISE, Idaho – April 28, 2017 – Albertsons Companies today announced that Jewel-Osco’s current Vice President of Marketing and Merchandising Doug Cygan has been appointed Division President, effective immediately. In this role, Cygan will lead the company’s 186 Jewel-Osco stores throughout Illinois,
Posted on: April 28, 2017
Albertsons Companies Appoints Geoff White President, Own Brands
BOISE, Idaho – April 25, 2017 – Albertsons Companies today announced that Geoff White has been appointed to the new position of President of the company’s Own Brands organization. In this new role, White will lead the Own Brands...
Posted on: April 25, 2017
Albertsons Companies Promotes Jewel-Osco President Mike Withers to EVP, Retail Operations
BOISE, Idaho – April 24, 2017 – Albertsons Companies today announced that current Jewel Osco Division President Mike Withers has been appointed Executive Vice President, Retail Operations for Albertsons Companies.
Posted on: April 24, 2017
Albertsons Companies Promotes Denningham to President & COO
BOISE, Idaho – April 19, 2017 – Albertsons Companies today announced Wayne Denningham, EVP & Chief Operating Officer, has been appointed to the new role of President and Chief Operating Officer for Albertsons Companies. Bob Miller remains Chairman and CEO, a role he has held since April 2015.
Posted on: April 19, 2017
Albertsons Companies Appoints Jonathan Mayes as SVP of External Affairs & Chief Diversity Officer
BOISE, Idaho, March 10, 2017 – Albertsons Companies today announced the appointment of Jonathan Mayes as Senior Vice President, External Affairs & Chief Diversity Officer. Mr. Mayes will be responsible for overseeing and leading Albertsons Companies’ diversity and inclusion efforts...
Posted on: March 10, 2017
Albertsons Companies Celebrates Milestones Since 2015 Merger with Safeway
BOISE, Idaho – January 30, 2017 – On the two-year anniversary of the merger that created the second-largest supermarket company in the U.S., Albertsons Companies announced that since the merger with Safeway, it has grown its workforce by 10 percent, creating 26,000...
Posted on: January 30, 2017
Albertsons Companies Hires Narayan Iyengar as SVP, Digital Marketing and e-commerce
BOISE, ID – Jan 23, 2017 – Albertsons Companies today announced Narayan Iyengar has been selected as Senior Vice President, Digital Marketing and e-commerce. In this role, Iyengar will be responsible for leading all aspects of digital marketing including loyalty...
Posted on: January 23, 2017
UI Arena Scores a Win with Albertsons Companies’ Support
Albertsons Companies will have its name in lights on the University of Idaho campus with the commitment of $500,000 over the next 10 years to the new court-sports arena and naming rights to the scoreboard. The donation is a reflection of the longtime partnership between UI and Albertsons.
Posted on: November 30, 2016
Albertsons Companies Appoints Christine Wilcox as Vice President, Communications and Public Affairs
BOISE, Idaho – November 2, 2016 – Albertsons Companies announced today that it has appointed current Vice President of Corporate Communications Christine Wilcox to the position of Vice President, Communications and Public Affairs. Wilcox is filling a vacancy created when Brian Dowling retired from the company earlier this year.
Posted on: November 2, 2016
Haggen proud to continue as part of Albertsons Companies
BELLINGHAM, WA—Albertsons Companies and Haggen announced that the 15 core Haggen Northwest Fresh stores will begin the first day of operation today as a standalone business unit in the Albertsons Companies family of banners. Haggen will continue its commitment to provide the best in fresh and local products to its guests in western Washington as it has throughout its eight decades in business.
Posted on: June 2, 2016
Albertsons Companies Appoints Susan Morris EVP, East Region
BOISE, Idaho — April 15, 2016 — Albertsons Companies announced today that it has appointed current Denver Division President Susan Morris to the position of Executive Vice President of Retail Operations over its East Region. Morris is filling the vacancy created when Kelly Griffith announced earlier this month that he would be leaving the company.
Posted on: April 15, 2016
Albertsons Companies Introduces the New Signature Family of Brands
BOISE, Idaho–(BUSINESS WIRE)–Albertsons Companies today is celebrating the launch of its new store brand, Signature, the largest private label across all 2,286 of its stores. Signature is a multi-category brand developed to address consumers’ growing appetite for quality private label products from stores they trust.
Posted on: April 4. 2016
Albertsons Acquires 29 Haggen Core Stores in Washington and Oregon
(Boise, ID – March 14, 2016) Albertson’s LLC (Albertsons) submitted a binding bid letter and form of Asset Purchase Agreement to Haggen for the purchase of 29 of Haggen’s core stores. This is a step in the process to obtain bankruptcy court approval, following Haggen’s Chapter 11 filing on September 8, 2015, which is required for consummation of the purchase.
Posted on: March 14, 2016
Albertsons Companies Sets Goal for Cage-Free Eggs by 2025
Boise, ID – March 1, 2016 – Albertsons Companies announced today it will be working with its suppliers toward a goal of sourcing only cage-free eggs for its store operations by 2025, based on available supply. The company, among the first and largest in the conventional retail grocery sector to make such a commitment, is making the move not only as part of its ongoing commitment to animal welfare but also in response to customer buying habits.
Posted on: March 1, 2016
Albertsons Companies Announces 2015 Donations Topped $270 Million and Thanks Customers for Helping Those in Need
(Boise, ID — February 17, 2016) Albertsons Companies today announced that it contributed more than $270 million in food and financial support in 2015 to the communities it serves, helping people in 35 states and the District of Columbia live better lives.
Posted on: February 17, 2016
Paul’s Market, Albertsons Announce Agreement for Idaho Locations
BOISE, ID – Albertsons Companies announced today that it has entered into an agreement to purchase and rebrand four Idaho-based Paul’s Market stores. The following Paul’s Market stores will be rebranded as Albertsons.
Posted on: February 15, 2016
Albertsons Companies Expands Panzer’s Role to Include General Merchandise, HABA
February 2, 2016 – Boise, ID – Albertsons Companies announced today that Mark Panzer, who was named the Company’s Senior Vice President of Pharmacy, Health & Wellness in May 2015, has accepted the additional responsibility of leading General Merchandise and HABA.
Posted on: February 2, 2016
Anuj Dhanda Named CIO, AB Acquisition LLC
(Boise, ID – November 18, 2015) AB Acquisition LLC (“Albertsons Companies”) has named Anuj Dhanda to the position of Executive Vice President & Chief Information Officer. Mr. Dhanda has most recently served as Chief Information Officer and Senior Vice President of Digital Commerce for the Giant Eagle supermarket chain based in Pittsburgh, PA.
Posted on: November 18, 2015
Albertsons Files Registration Statement for Proposed Initial Public Offering
BOISE, ID – July 8, 2015 – 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 of shares of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. BOISE, ID – July 8, 2015 – 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 of shares of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. BOISE, ID – July 8, 2015 – 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 of shares of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined.
Posted on: July 8, 2015
McKesson, Albertsons to Expand Distribution Agreement
SAN FRANCISCO and BOISE, ID – September 15, 2015 — McKesson Corporation (NYSE:MCK) and Albertsons announced the signing of a five-year distribution agreement to include the sourcing and distribution of both branded and generic pharmaceuticals, commencing on April 1, 2016. As part of the agreement, Albertsons’ network of nearly 1,700 pharmacies in their 2,200 stores across the country will benefit from...
Posted on: September 15, 2015
Mark Panzer Named SVP Pharmacy, Health & Wellness For Albertsons
BOISE, ID – May 15, 2015– AB Acquisition LLC, parent company of Albertson’s LLC, New Albertson’s, Inc., and Safeway Inc. (collectively Albertsons) announced today that Mark Panzer has been named Senior Vice President of Pharmacy, Health & Wellness, overseeing the company’s 1,760 pharmacies in 34 states across the country. Panzer replaces Darren Singer, who has left the company to pursue other opportunities.
Posted on: May 15, 2015
Bob Miller Assumes Role of Chairman & CEO of Albertsons, NAI & Safeway
BOISE, ID – April 10, 2015– AB Acquisition LLC, parent company of Albertson’s LLC, New Albertson’s, Inc., and Safeway Inc. (collectively Albertsons) announced today that Bob Miller, the Company’s current Executive Chairman, will assume the additional role of Chief Executive Officer, effective immediately. Robert Edwards, who had been appointed CEO at the transaction close, will continue on with the company as Vice Chairman providing counsel to the Board and the organization on key strategic and integration matters.
Posted on: April 10, 2015
Albertsons and Safeway Complete Merger Transaction
BOISE, Idaho and PLEASANTON, Calif., Jan. 30, 2015 /PRNewswire/ — AB Acquisition LLC and Safeway Inc. (NYSE: SWY, “Safeway”) announced today that they have completed their proposed merger. Under the terms of the merger agreement first announced and unanimously approved by Safeway’s Board of Directors in March 2014, AB Acquisition LLC, the owner of Albertson’s LLC and New Albertson’s, Inc. (collectively “Albertsons”), will acquire all outstanding shares of Safeway. AB Acquisition is controlled by an investor group led by Cerberus Capital Management...
Posted on: January 30, 2015