Kings Food Markets

Albertsons Companies to Participate in Bernstein's 38th Annual Strategic Decisions Conference

Retrieved on: 
Thursday, May 19, 2022
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Albertsons Companies, Inc. (NYSE: ACI) announced today that its President and CFO, Sharon McCollam, will participate in Bernstein's 38th Annual Strategic Decisions Conference, at 9:00 a.m.

Key Points: 
  • Albertsons Companies, Inc. (NYSE: ACI) announced today that its President and CFO, Sharon McCollam, will participate in Bernstein's 38th Annual Strategic Decisions Conference, at 9:00 a.m.
  • A replay of the webcast will be available for at least two weeks following its completion.
  • Albertsons Companies is a leading food and drug retailer in the United States.
  • The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood.

Uber and Albertsons Companies Partnership expands to more than 2,000 stores nationwide

Retrieved on: 
Tuesday, May 3, 2022
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SAN FRANCISCO, May 3, 2022 /PRNewswire/ -- Today, Uber Technologies, Inc. (NYSE: UBER) and Albertsons Companies, Inc. (NYSE: ACI) announced the expansion of their partnership to include more than 2,000 of the grocer's banner stores nationwide, including Albertsons, Safeway, Jewel-Osco, ACME, Tom Thumb, Randalls and more through Uber Eats. This expansion brings nearly 800 new locations to Uber Eats including to consumers in Connecticut, Indiana, New Hampshire, Utah, Vermont, and Rhode Island for the very first time.

Key Points: 
  • SAN FRANCISCO, May 3, 2022 /PRNewswire/ -- Today, Uber Technologies, Inc. (NYSE: UBER) and Albertsons Companies, Inc. (NYSE: ACI) announced the expansion of their partnership to include more than 2,000 of the grocer's banner stores nationwide, including Albertsons, Safeway, Jewel-Osco, ACME, Tom Thumb, Randalls and more through Uber Eats.
  • To enable this growth, Albertsons Cos. stores are more accessible within the Uber Eats app than ever before.
  • Uber One members benefit from $0 Delivery Fee on all convenience orders from Albertsons Cos 'express' stores with $15 minimum purchase.
  • "Our growing partnership with Uber Eats brings new convenience to shopping our stores," said Amber Kappa, Vice President of Business Development & Innovation, Digital at Albertsons Companies.

Albertsons Companies Announces ESG Goals and Long-Term Strategies to Support a More Sustainable Future

Retrieved on: 
Wednesday, April 20, 2022
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Today, Albertsons Companies (NYSE: ACI) launched long-term goals and strategies focused on maximizing the companys positive impact across four pillars: Planet, People, Product, and Community.

Key Points: 
  • Today, Albertsons Companies (NYSE: ACI) launched long-term goals and strategies focused on maximizing the companys positive impact across four pillars: Planet, People, Product, and Community.
  • The companys Chief Sustainability and Transformation Officer, Suzanne Long, will oversee execution of Albertsons Cos. ESG strategy and sustainability agenda.
  • The companys new ESG platform includes the following priorities and goals:
    Climate Action: Albertsons Cos. is committed to fighting climate change by reducing carbon emissions through science-based targets.
  • Albertsons Cos. will share updates and progress against its priorities in its annual ESG impact report this summer.

Albertsons Companies Announces Common Stock Dividend

Retrieved on: 
Tuesday, April 12, 2022
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Albertsons Companies, Inc. (NYSE: ACI) (the Company) today announced its Board of Directors has declared a cash dividend for the first quarter of 2022 of $0.12 per share of Class A common stock and Class A-1 common stock.

Key Points: 
  • Albertsons Companies, Inc. (NYSE: ACI) (the Company) today announced its Board of Directors has declared a cash dividend for the first quarter of 2022 of $0.12 per share of Class A common stock and Class A-1 common stock.
  • The cash dividend is payable on May 10, 2022 to stockholders of record as of the close of business on April 26, 2022.
  • Albertsons Companies is a leading food and drug retailer in the United States.
  • The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood.

Albertsons Companies Helps Expand Affordable Access to Fresh Food and Wellness Products for Millions of Customers

Retrieved on: 
Wednesday, March 30, 2022
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Albertsons Companies (NYSE: ACI) announced today that customers can now use supplemental benefits to purchase over-the-counter medications and fresh produce in the companys stores.

Key Points: 
  • Albertsons Companies (NYSE: ACI) announced today that customers can now use supplemental benefits to purchase over-the-counter medications and fresh produce in the companys stores.
  • We are committed to offering solutions that deliver access to healthy produce and meals, reduce food insecurity and provide solutions for chronic condition management, said Omer Gajial, EVP of Pharmacy and Health at Albertsons Cos.
  • Using supplemental benefits enables shoppers to conveniently shop for fresh food and over-the-counter medications contributing to their overall health and well-being.
  • Albertsons Companies stores are a very popular shopping destination for millions of Medicare Advantage members using the Solutran S3 benefits platform, said Mike Rahman, President of Solutran.

Albertsons Companies Announces Fourth Quarter and Fiscal Year 2021 Earnings Release and Conference Call Date

Retrieved on: 
Tuesday, March 29, 2022
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Albertsons Companies, Inc. (NYSE: ACI) will release financial results for the fourth quarter and fiscal year 2021, which ended February 26, 2022, before the market opens on Tuesday, April 12, 2022.

Key Points: 
  • Albertsons Companies, Inc. (NYSE: ACI) will release financial results for the fourth quarter and fiscal year 2021, which ended February 26, 2022, before the market opens on Tuesday, April 12, 2022.
  • ACI will host a conference call that day at 8:30 a.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session.
  • The conference call will be available at the following address by accessing the "Events & Presentations" link included therein:
    A replay of the conference call will be available for at least two weeks following completion of the call.
  • 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 Announces Review of Strategic Alternatives

Retrieved on: 
Monday, February 28, 2022
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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.

DoorDash Introduces Express Grocery Delivery Service with Albertsons Companies

Retrieved on: 
Thursday, February 17, 2022
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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.

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

Retrieved on: 
Thursday, February 3, 2022
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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
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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.