Albertsons Companies, Inc.
ACI
NYSE
Last Updated: 6/9/2023 8:00:02 PM
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About Albertsons Companies, Inc.
Albertsons Companies, Inc., through its subsidiaries, engages in the operation of food and drug stores in the United States. The company's food and drug retail stores offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel, and other items and services. It also manufactures and processes food products for sale in stores. As of February 26, 2022, it operated 2,276 stores under various banners, including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and Balducci's Food Lovers Market; and 1,722 pharmacies, 1,317 in-store branded coffee shops, 402 adjacent fuel centers, 22 distribution centers, and 20 manufacturing facilities, as well as various digital platforms. The company was founded in 1860 and is headquartered in Boise, Idaho.Albertsons Companies, Inc. Company Details
CEO: Mr. Vivek Sankaran
Country: US
Industry: Grocery Stores
Website: https://www.albertsonscompanies.com
Exchange: New York Stock Exchange
IPO\Launch Date: 1988-08-12
Albertsons Companies, Inc. Company Executive Details
Mr. Vivek Sankaran
Chief Executive Officer & Director
Mr. Gautam Kotwal
Chief Technology Officer
Ms. Sharon L. McCollam
Pres & Chief Financial Officer
Ms. Melissa C. Plaisance
SVice President, Investor Relations, Treasury & Risk Management
Mr. Justin Ewing
Executive Vice President of Corporation Devel. & Real Estate
Albertsons Companies, Inc. Latest News
Albertsons Companies, Inc. (ACI) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Albertsons Companies, Inc. (ACI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Published on: 2023-06-09 10:12:23
Impact on Symbol / Company: ACI
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4 Consumer Product Stocks to Watch Despite Industry Hurdles
The Zacks Consumer Products - Staples industry players are battling cost inflation, which is likely to linger. However, favorable demand and revenue-driving efforts keep Kimberly-Clark (KMB), Albertsons Companies (ACI), Ollie's Bargain (OLLI) and Grocery Outlet (GO) well-placed.
Published on: 2023-05-30 10:25:03
Impact on Symbol / Company: ACI
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Albertsons Companies, Inc. (ACI) Is a Trending Stock: Facts to Know Before Betting on It
Albertsons Companies, Inc. (ACI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Published on: 2023-05-29 10:05:25
Impact on Symbol / Company: ACI
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Investors Heavily Search Albertsons Companies, Inc. (ACI): Here is What You Need to Know
Zacks.com users have recently been watching Albertsons Companies, Inc. (ACI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Published on: 2023-05-15 10:41:44
Impact on Symbol / Company: ACI
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Kroger-Albertsons merger could cost grocery-store workers millions in lost wages, report says
Plans to merge two of the biggest U.S. supermarket chains could blunt grocery-store workers' bargaining power and lower their wages, according to a new analysis from the left-leaning Economic Policy Institute.
Published on: 2023-05-02 14:13:00
Impact on Symbol / Company: ACI
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Here is What to Know Beyond Why Albertsons Companies, Inc. (ACI) is a Trending Stock
Albertsons Companies, Inc. (ACI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Published on: 2023-05-02 10:40:20
Impact on Symbol / Company: ACI
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Kroger and Albertsons Court Public Support for Merger by Leveraging Inflation Anxieties
As Kroger and Albertsons' pending merger faces criticism, the grocers are courting price-sensitive shoppers' favor. In a co-authored op-ed in The Cincinnati Enquirer, Kroger Company CEO Rodney McMullen and Albertsons Companies CEO Vivek Sankaran pushed back against opposition to the proposed merger.
Published on: 2023-05-01 15:32:15
Impact on Symbol / Company: ACI
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Albertsons/Kroger Merger Won't Likely Be Consummated, Indicators Suggest
Divestitures likely to be imposed by the FTC should upend the investment economics promised at the start of the merger. Workers have expressed concern and rightfully so. While the combined entity promises higher wages, employees cite reduced hours. A recent survey shows a majority are struggling to make ends meet.
Published on: 2023-05-01 12:46:54
Impact on Symbol / Company: ACI
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Kroger-Albertsons Merger Presents Brick-and-Mortar Grocery Opportunity for Amazon
With Kroger and Albertsons' merger expected to result in the closure of hundreds of locations, to meet antitrust requirements, there may be an opportunity for others looking to grow their presence to seize on these left-behind sites.
Published on: 2023-04-26 15:29:22
Impact on Symbol / Company: ACI
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Is Trending Stock Albertsons Companies, Inc. (ACI) a Buy Now?
Albertsons Companies, Inc. (ACI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Published on: 2023-04-17 10:41:36
Impact on Symbol / Company: ACI
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ACI vs. RH: Which Stock Is the Better Value Option?
Investors interested in Consumer Products - Staples stocks are likely familiar with Albertsons Companies, Inc. (ACI) and RH (RH). But which of these two stocks presents investors with the better value opportunity right now?
Published on: 2023-04-13 12:56:14
Impact on Symbol / Company: ACI
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Waiting for Kroger merger approval, Albertsons sees challenges ahead
The proposed merger between U.S. grocery chains Kroger and Albertsons faces challenges on two fronts: a skeptical and increasingly interventionist Federal Trade Commission and a deteriorating consumer macro backdrop that has slowed spending growth at Albertsons stores. On Tuesday, Albertsons announced its results for the fourth quarter of fiscal year 2022, which ended on Feb. 25.
Published on: 2023-04-13 08:00:00
Impact on Symbol / Company: ACI
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