Boise, Idaho-based Albertsons Cos. Inc. says that funds managed by affiliates of Apollo Global Management Inc. have led the purchase of $1.75 billion of convertible preferred stock of Albertsons Cos. 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 […]
Category: Albertsons
Albertsons traces its roots back to its founding in 1939 by Joe Albertson in Boise, Idaho. With a commitment to providing quality products and exceptional service, Albertsons quickly gained popularity. Over the years, the company expanded its presence and, as of 2023, operates over 2000 locations across 34 states and the District of Columbia.
Albertsons prides itself on providing an array of exclusive and specialty items. From artisanal cheeses and locally sourced organic produce to proprietary brands offering high-quality and innovative choices, they are a haven for those seeking distinct and premium products. The supermarket chain prioritizes customer satisfaction, offering a variety of services and products to meet the diverse needs of its shoppers. Albertsons has evolved to embrace modern shopping trends while maintaining its commitment to quality and affordability. By acting on their vision of community engagement and customer loyalty, the company continues to be a leading player in the grocery retail industry.
Today, Albertsons serves as one of 20 banners under Albertsons Companies, and operates 2200 stores in 34 states including California, Texas, Nevada and the District of Columbia. Additional banners include Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets, and Balducci’s Food Lovers Market.
Albertsons Cos. Appoints Dosenbach SVP Of Labor Relations
Boise, Idaho-based Albertsons Cos. has promoted Dan Dosenbach, currently VP of human resources and labor relations in the company’s ACME Markets division, to the newly-created role of SVP of labor relations. Reporting to Dosenbach in the new role of group VP of labor relations is Brent Bohn, currently VP of human resources and labor relations […]
Instacart Launches New Customer Product Features To Speed Up Service
Instacart has launched two new product features designed to speed up service and unlock more delivery windows as demand for grocery delivery continues to surge in North America. The new features—”Fast & Flexible” and “Order Ahead”—which the company has been testing over the last few weeks, increase delivery availability for customers across North America and provide more choice […]
Market Profile: Oil Industry Fueling Food Retail Growth In West Texas
by John McCurry/contributing writer Gary Huddleston, a former longtime Kroger executive now serving as grocery industry consultant for the Texas Retailers Association (TRA), describes the grocery business as being robust across most areas of Texas. “Western Texas is certainly unique. There are three or four metro areas, but the vast majority is rural. The four […]
Instacart Hiring 300,000; Western Grocers Taking Actions In Response To Pandemic
The number of cases of Covid-19 continue to increase across the United States daily and while some industries are at a virtual standstill, the grocery industry is hard-pressed to keep up with consumer demand. While California-based Instacart is planning to hire 300,000 people nationwide, Western grocers Smart & Final, Superior Grocers and Albertsons Cos. are […]
Albertsons Expands Role Of Dorcheus, Taps Curry To Lead SoCal
Albertsons Cos. announced March 9 that Shane Dorcheus, EVP of operations and president of the Southern California and Southwest divisions, now fills an expanded role for the company. In addition to his EVP of operations role, he will lead the Portland, Seattle/Haggen, NorCal, SoCal, Intermountain and Denver divisions, as well as lead Southwest as its […]
34 Degrees To Launch New Snaps Line In 3 Flavors
Denver, Colorado-based 34 Degrees is launching a new line, Snaps, baked chickpea snacking thins, in three varieties including Sea Salt, Everything and Umami. Snaps are naturally gluten free through the use of steamed chickpea flour. 34 Degrees’ second snacking line behind Sweet Crisps, Snaps are a standalone snack—an alternative to traditional chips or pretzels. Each […]
Base Culture Unveils New Packaging, Reformulated Low-Sugar Brownies
Base Culture, maker of paleo and gluten-free baked goods and snacks, is launching all-new, refreshed packaging this spring, but also will reduce the sugar in its Almond Butter Brownies and Cashew Butter Blondies by 40 percent to 15 grams. Last summer, Base Culture introduced its Original Keto Bread and 7 Nut & Seed Bread. Due […]
