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Albertsons Companies Announces Review of Strategic Alternatives

Retrieved on: 
Monday, February 28, 2022

The Board of Directors of Albertsons Companies, Inc. (NYSE: ACI) announced today that it has commenced a Board-led review of potential strategic alternatives aimed at enhancing Albertsons growth and maximizing shareholder value.

Key Points: 
  • The Board of Directors of Albertsons Companies, Inc. (NYSE: ACI) announced today that it has commenced a Board-led review of potential strategic alternatives aimed at enhancing Albertsons growth and maximizing shareholder value.
  • The review will include an assessment of various balance sheet optimization and capital return strategies, potential strategic or financial transactions and development of other strategic initiatives to complement Albertsons existing businesses, as well as responding to inquiries.
  • The Board has not set a timetable for the conclusion of this review, nor has it made any decisions related to any further actions or potential strategic alternatives at this time.
  • There can be no assurance that the review will result in any transaction or other strategic change or outcome.

Kellogg Co. donates $75,000 to Albertsons Nourishing Neighbors Initiative

Retrieved on: 
Thursday, February 24, 2022

Kellogg has donated $75,000 to Albertson's Nourishing Neighbors, a charitable program of the Albertsons Companies Foundation.

Key Points: 
  • Kellogg has donated $75,000 to Albertson's Nourishing Neighbors, a charitable program of the Albertsons Companies Foundation.
  • The donation is part of Albertsons' "Feed the Love" in-store promotional campaign during the month of February and will provide approximately 300,000 meals to those in need.
  • "Kellogg shares Albertsons commitment to feed and fulfill those in need.
  • Albertsons Cos. and its banners are committed to making a meaningful difference in each community and working to eradicate hunger through its foundation and Nourishing Neighbors initiative.

DoorDash Introduces Express Grocery Delivery Service with Albertsons Companies

Retrieved on: 
Thursday, February 17, 2022

Albertsons Cos. will offer more than 6,000 items for express grocery delivery nationwide, from key grocery staples including fresh produce, dairy, and eggs, to snacks, packaged goods, and frozen foods.

Key Points: 
  • Albertsons Cos. will offer more than 6,000 items for express grocery delivery nationwide, from key grocery staples including fresh produce, dairy, and eggs, to snacks, packaged goods, and frozen foods.
  • DoorDash customers can enjoy Albertsons Cos. loyalty pricing and promotions on express grocery orders where available, and Albertsons Cos. local banner loyalty program members, such as Albertsons for U and Safeway for U, can choose to link their account in the DoorDash app to earn loyalty points on purchases.
  • From being the first grocery partner to pioneer the DoubleDash experience, to expanding the selection of alcohol offerings, and now with the introduction of express grocery, DoorDash and Albertsons Cos. are charting the path forward to transform the online grocery delivery experience.
  • DoorDash's introduction of express grocery delivery with Albertsons comes on the heels of its ultra-fast grocery delivery offering of deliveries in 10-15 minutes from select DashMart locations.

North Country Smokehouse Expands Organic Offering

Retrieved on: 
Thursday, February 3, 2022

CLAREMONT, N.H., Feb. 2, 2022 /PRNewswire/ --New England based meat producer, North Country Smokehouse, introduces two new organic hams to their retail lineup; Applewood Smoked Ham Steak and Petit Ham.

Key Points: 
  • CLAREMONT, N.H., Feb. 2, 2022 /PRNewswire/ --New England based meat producer, North Country Smokehouse, introduces two new organic hams to their retail lineup; Applewood Smoked Ham Steak and Petit Ham.
  • North Country Smokehouse is on a mission to be recognized as the North American leader for organic smoked meats.
  • The hams are fully cooked, with the signature smokehouse flavor of which North Country is well noted.
  • The expansion of the company's organic lineup marks yet another milestone in the strategic mission to be recognized as the North American leader for certified humane and organic smoked meats.

Albertsons Companies Continues Its Commitment to Provide Opportunities and Access for Diverse Suppliers

Retrieved on: 
Thursday, February 3, 2022

The company is seeking to partner and support innovative and diverse suppliers as Albertsons Cos. hosts its second virtual summit this week.

Key Points: 
  • The company is seeking to partner and support innovative and diverse suppliers as Albertsons Cos. hosts its second virtual summit this week.
  • Albertsons Cos. is dedicated to providing opportunities to diverse suppliers to grow their business and have their products on more shelves, said Jonathan Mayes, Albertsons Companies SVP, Chief Diversity & Inclusion Officer.
  • Through this program, we are able to partner with new diverse businesses that also reflect the diverse communities we serve across the nation.
  • Albertsons Cos. hosted its first successful virtual event in May 2021 with nearly 1,000 diverse suppliers interested in partnering with the company.

Albertsons Companies’ Curtis Mann Becomes First Retail Executive to Win Coveted Taransaud Tonnellerie Wine Award

Retrieved on: 
Wednesday, February 2, 2022

Albertsons Companies, Inc. (NYSE: ACI) today announced that Curtis Mann, the companies group vice president of alcohol, is the first-ever US based retail executive to be recognized as a winner of the prestigious Taransaud Tonnellerie Award .

Key Points: 
  • Albertsons Companies, Inc. (NYSE: ACI) today announced that Curtis Mann, the companies group vice president of alcohol, is the first-ever US based retail executive to be recognized as a winner of the prestigious Taransaud Tonnellerie Award .
  • Upon being presented with the award, Mann shared, I am thrilled to receive the Taransaud Tonnellerie Award.
  • For more than ten years, we have had the privilege to award a master of wine for their excellent knowledge in the production and handling of wine.
  • Curtis is a tremendous asset to the wine industry, and incredibly deserving of the 2021 Taransaud Tonnellerie Award, said Jacquelin de Pracomtal, Vice-President.

Where to Buy Announces Launch of CPG Store Locator Software That Affordably Taps into the Modern Way of Collecting & Displaying On-Shelf Product Location Data

Retrieved on: 
Thursday, January 27, 2022

Where to Buy sets the standard as the most feature-rich, affordable store locator solution by zeroing in on the food and beverage industry.The modern store locator usesinnovative data collection to power CPG store locators with accurate, on-shelf product location availability.

Key Points: 
  • Where to Buy sets the standard as the most feature-rich, affordable store locator solution by zeroing in on the food and beverage industry.The modern store locator usesinnovative data collection to power CPG store locators with accurate, on-shelf product location availability.
  • Customizable and data-rich, Where to Buy is the new way to capture accurate product location data for CPG brands.
  • Where to Buy was created to include all the features fundamental to a successful store locator, including U.S & Canadian data, online grocer integration, robust analytics, data clean-up, and much more.
  • "By partnering with CPG data disruptors, Datasembly, we can tap into the modern way consumers are grocery shopping to bring them truly accurate information.

Albertsons Companies Selects Afresh Technologies AI Platform

Retrieved on: 
Thursday, January 27, 2022

SAN FRANCISCO, Jan. 27, 2022 /PRNewswire/ --Albertsons Companies(NYSE: ACI)will enhance its fresh offering with Afresh Technologies' AI-powered predictive ordering and inventory solutions to reduce waste and offer the freshest product for customers.Afresh will help Albertsons Cos.' optimize fresh forecasting, inventory, ordering, merchandising and operations.

Key Points: 
  • SAN FRANCISCO, Jan. 27, 2022 /PRNewswire/ --Albertsons Companies(NYSE: ACI)will enhance its fresh offering with Afresh Technologies' AI-powered predictive ordering and inventory solutions to reduce waste and offer the freshest product for customers.Afresh will help Albertsons Cos.' optimize fresh forecasting, inventory, ordering, merchandising and operations.
  • Afresh Technologies enables Albertsons Cos. to deploy a state-of-the-art AI technology platform in all its stores to further differentiate its fresh offering to customers while helping to reduce food waste, ultimately reducing greenhouse gas (GHG) emissions and saving water.
  • As one of the U.S. Department of Agriculture's Food Loss and Waste Champions, Albertsons Cos. will be able to achieve, with innovative solutions like Afresh, its goal to reduce food waste by 50% by 2030.
  • Today Afresh has announced partnerships with grocers in over3,000 stores and 40states, including Albertsons, WinCo Foods, Heinen's, Save Mart, Bashas, CUB Foods, and more.

House of Rohl Announces Retirement of Chair and Founder Louis Rohl

Retrieved on: 
Tuesday, January 11, 2022

Lou began his longstanding career working with his father, Ken Rohl, after the inception of the ROHL brand in 1983.

Key Points: 
  • Lou began his longstanding career working with his father, Ken Rohl, after the inception of the ROHL brand in 1983.
  • Lou was involved in creating the House of Rohl US in 2018 after ROHL was acquired by Fortune Brands, which brought together the ROHL, Riobel, Perrin & Rowe, Shaws and Victoria + Albert brands empowering whole home design.
  • As chair and founder of House of Rohl, Lou has been instrumental in leveraging his longstanding industry relationships to bring the House of Rohl vision to life.
  • The House of Rohl and its portfolio of brands are a part of the Fortune Brands Home & Security, Inc.'s Global Plumbing Group (NYSE:FBHS).

Albertsons Companies Announces Common Stock Dividend

Retrieved on: 
Tuesday, January 11, 2022

Albertsons Companies, Inc. (NYSE: ACI) (the Company) today announced its Board of Directors has declared a cash dividend of $0.12 per share of common stock for the fourth quarter of fiscal 2021.

Key Points: 
  • Albertsons Companies, Inc. (NYSE: ACI) (the Company) today announced its Board of Directors has declared a cash dividend of $0.12 per share of common stock for the fourth quarter of fiscal 2021.
  • The cash dividend is payable on February 10, 2022, to stockholders of record as of the close of business on January 26, 2022.
  • Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale.
  • Albertsons Companies operates stores across 34 states and the District of Columbia with more than 20 well-known 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 Balduccis Food Lovers Market.