Albertsons CEO Vivek Sankaran: ‘Omnichannel strategy is working’

By Russell Redman Source: Supermarket News Albertsons Cos. is moving ahead with its omnichannel expansion but has pushed some of its expected micro-fulfillment center (MFC) openings into next year, according to CEO Vivek Sankaran. In a conference call yesterday on fiscal 2021 second-quarter results, Sankaran said Albertsons plans to open [...]

2021-10-20T22:18:03+00:00October 20th, 2021|Tags: , |

Albertsons’ stock price has doubled since it went public. Can it keep the momentum going?

By Sam Silverstein Source: Grocery Dive When Vivek Sankaran took over as president and CEO of Albertsons in March 2019, the food retailer was privately held, online shopping wasn't generally top-of-mind for grocery industry executives, and the Idaho-based supermarket operator was hardly seen as a digital trendsetter. Fast forward 30 months, [...]

2021-10-11T16:38:43+00:00October 11th, 2021|Tags: , , |

Albertsons eyes ‘shoppertainment’ with livestream video partnership

By Russell Redman Source: Supermarket News Albertsons Cos. has partnered with immersive video specialist Firework to enable “shoppable,” TikTok-like video content across its online retail properties. Plans call for Albertsons to use Firework’s “shoppertainment” platform to begin deploying short videos and cooking experiences on the websites of its more than [...]

2021-09-27T16:17:48+00:00September 27th, 2021|Tags: , , |

Albertsons Cos. launches membership program in digital refresh

By Russell Redman Source: Supermarket News Albertsons Cos. has updated its digital offerings with a new shopper subscription service called FreshPass, an integrated savings and delivery app dubbed Deals & Delivery and a retooled loyalty program based on its supermarket banners. Boise, Idaho-based Albertsons said Monday that FreshPass brings members [...]

2021-08-18T22:00:00+00:00August 18th, 2021|Tags: , |

Albertsons reaches 6 million COVID-19 vaccinations

By Russell Redman Source: Supermarket News Albertsons Cos. has hit the 6 million mark in COVID-19 shots administered by its pharmacies and rolled out new tools to help people get tested and vaccinated, including a digital record, rapid antigen self-tests and a vaccine map. The new coronavirus vaccine milestone comes [...]

2021-07-22T21:42:52+00:00July 22nd, 2021|Tags: , |

Albertsons CEO Vivek Sankaran sizes up state of grocery post-pandemic

By Russell Redman Source: Supermarket News Increased consumer digital engagement, e-commerce usage and food-at-home purchases likely won’t shrink back to pre-pandemic levels as COVID-19 abates, Albertsons Cos. President and CEO Vivek Sankaran said this week at the FMI Midsummer Strategic Executive Exchange. Sankaran spoke in a Q&A with McKinsey & [...]

2021-06-28T22:50:42+00:00June 28th, 2021|Tags: |

Albertsons bolsters supplier diversity program

By Russell Redman Source: Supermarket News Albertsons Cos. has expanded its supplier diversity program with the launch of several new vendor partnerships supporting the company’s commitment to racial equity. Boise, Idaho-based Albertsons said Wednesday that it has bolstered its early payment program by partnering with C2FO, a secure online platform [...]

2021-06-03T23:46:42+00:00June 3rd, 2021|Tags: |

Albertsons ushers in online wedding floral service

By Russell Redman Source: Supermarket News Here comes the … latest online offering from Albertsons Cos.: fresh-cut wedding flowers. Albertsons said Wednesday that the predesigned wedding floral collections, sold under its debi lilly design brand, let customers take a “do it yourself” approach to choosing flowers — including types, colors [...]

2021-05-27T19:04:07+00:00May 27th, 2021|Tags: |
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