Albertsons® Companies Appoints Brian Rice to Board of Directors

Albertsons® Companies, Inc. (NYSE: ACI) (“the Company”) today announced the appointment of Brian Rice to its Board of Directors, effective Feb. 25, 2026. The Company’s board has now expanded to 11 members.

Mr. Rice is a seasoned global technology executive with more than 30 years of experience leading large-scale digital transformation, technology modernization, and operational excellence across some of the world’s most recognized consumer brands. He currently serves as Executive Vice President and Global Chief Information Officer at McDonald’s Corporation, where he is a member of the company’s...

Albertsons Delivers Strong Q3 Results Amid Shutdown Challenges

Albertsons released financial results for its third quarter on Wednesday, reflecting improvements in key metrics while noting impacts from the temporary US government shutdown and delayed SNAP funding.

CEO Susan Morris described the company’s performance as “solid,” saying, "Our investments in technology and AI are fundamentally reshaping how we operate and serve our customers, driving smarter decisions, greater efficiency, and more personalized experiences." She added, "As we look ahead, I am confident that our modernized technology foundation, relentless focus on productivity, and commitment to innovation will enable...

UFCW Reaches Tentative Agreement with Albertsons Companies

On Sunday, UFCW 8-Golden State, along with UFCW Locals 5 and 648, announced a tentative agreement with Albertsons Companies, the parent company of grocery chains such as Safeway and Vons.

The agreement follows five months of intense negotiations and comes in the wake of a threatened walkout involving nearly 25,000 grocery workers. It includes significant wage increases, a strengthened and secure retirement plan, improved health care benefits, and improved job protection provisions aimed at fostering a safer and more respectful workplace.

UFCW 8-Golden State members working...

Albertsons to Launch Digital Advertisement Displays in Select Stores  

Albertsons has partnered with digital display company STRATACACHE, Inc. to unveil digital advertisements in stores. The screens will be used to promote products and streamline engagement between brand partners and customers, while encouraging shoppers to add additional items to their cart as they shop.  

“At Albertsons Cos., we’ve identified a significant opportunity to enhance our in-store customers' shopping experience by delivering relevant and impactful messaging at the point of purchase,” said Jennifer Saenz, Chief Commercial Officer at Albertsons Cos. “Our partnership with STRATACACHE enables brand partners to...

Kroger Responds to Albertsons’ Lawsuit, Files Counterclaims

Kroger has announced that it has filed its formal answer and counterclaims in response to Albertsons' lawsuit, which was brought before the Delaware Court of Chancery following the termination of the proposed merger.

On December 11, 2024, Albertsons called off its bid to merge with Kroger after a two-year effort, subsequently filing a suit alleging breach of contract in connection with the collapse of the deal. 

Today, Kroger issued a statement revealing that it had filed its answer and counterclaims. The company asserts that while it was diligently working to secure regulatory...