Albertsons launches its IPO

Albertsons has launched plans to become a public company through the sale of 65.8 million shares on the New York Stock Exchange, the grocery chain announced Thursday afternoon. The company, which plans to trade under the ticker symbol “ACI,” did not give a date for when the stock offering will [...]

2020-06-22T21:37:56+00:00June 22nd, 2020|Tags: , |

Supermarkets are rewriting their playbooks to deal with demand, safety. Here’s how things stand in metro Phoenix

A trip to the supermarket — once no more than an afterthought for most people before the coronavirus pandemic hit — now represents one of the few "normal" activities for many people. Once inside, though, things are changing from what shoppers were used to, as stores remain one of the few [...]

2020-04-09T19:49:08+00:00April 9th, 2020|Tags: , , , , , , , |

A major grocer is pushing to classify its employees as first responders, giving them priority for testing and protective gear

A major North American supermarket company and the largest food and retail union in the United States have teamed up to push for grocery store employees to be designated as "first responders." United Food and Commercial Workers International Union, or the UFCW, released a statement to Business Insider saying that [...]

2020-04-08T15:20:28+00:00April 8th, 2020|Tags: , , |

Albertsons files for public offering

Albertsons Companies has filed a registration statement for an initial public offering on the New York Stock Exchange, according to a company release. The company, which seeks to be listed under the symbol “ACI,” has not determined the number of shares it plans to offer or the price range it [...]

2020-03-16T14:40:58+00:00March 16th, 2020|Tags: , |

Albertsons reportedly weighing another IPO effort

Albertsons once again is reportedly readying for an initial public offering. The Wall Street Journal, citing sources close to the discussions, reported that the Boise, Idaho-based retailer is set to decide in the coming weeks on whether to proceed with an initial public offering that might value the company at roughly [...]

2020-01-17T19:38:05+00:00January 17th, 2020|Tags: , |