Albertsons Companies Announces Receipt of Letter Relating to Safeway Notes

BOISE, Idaho, July 20, 2018 (GLOBE NEWSWIRE) — Albertsons Companies, Inc. (“Albertsons” or the “Company”) has announced that outside counsel to the Company has received a letter from a law firm purporting to represent in excess of 45% of the outstanding principal amount of Safeway Inc.’s (“Safeway”) 7.25% Senior Debentures due February 2031 (the “SWY… Continue Reading Albertsons Companies Announces Receipt of Letter Relating to Safeway Notes

Albertsons Companies launches O Organics® Market in San Francisco and Washington D.C.

Virtual Store Offers Customers More Than 3,800 Organic, Natural, and Better-for-You Grocery Items Delivered in as Little as Two Hours BOISE, ID (July 12, 2018) – Albertsons Companies today announced the exclusive launch of O Organics® Market, an Instacart-powered virtual store where customers can easily find organic, natural, and other better-for-you foods, beverages, and grocery… Continue Reading Albertsons Companies launches O Organics® Market in San Francisco and Washington D.C.

Albertsons Companies, Inc. Announces Proposed Floating Rate Senior Secured Notes Offering

June 4, 2018 – Boise, ID – Albertsons Companies, Inc. (the “Company”) today announced its intention to offer $500.0 million in aggregate principal amount of floating rate senior secured notes due 2024 (the “Notes”). The net proceeds received from the offering of the Notes, together with cash on hand and borrowings under the Company’s credit… Continue Reading Albertsons Companies, Inc. Announces Proposed Floating Rate Senior Secured Notes Offering

Albertsons Companies launches Signature Reserve™, an ultra-premium Own Brand with top-shelf presence

New brand joins company’s lineup of iconic Signature brands, which account for nearly $6 billion in sales Boise, ID – May 31, 2018 –Albertsons Companies is expanding and elevating its Own Brands portfolio with a new top shelf culinary presence: Signature Reserve™. For life’s special and indulgent moments, Signature Reserve offers unparalleled quality and exquisite… Continue Reading Albertsons Companies launches Signature Reserve™, an ultra-premium Own Brand with top-shelf presence

Albertsons Companies Appoints Gautam Kotwal EVP, Chief Data and Analytics Officer

BOISE, Idaho — May 18, 2018 — Albertsons Companies announced today that Gautam Kotwal is joining the company as Executive Vice President and Chief Data and Analytics Officer. In this new role, Gautam Kotwal will be responsible for leading Albertsons Cos.’ innovation efforts to drive value, create competitive differentiation and design personalized shopper experiences wherever… Continue Reading Albertsons Companies Appoints Gautam Kotwal EVP, Chief Data and Analytics Officer

Albertsons Companies, Inc. and Rite Aid Corporation to Host Analyst Presentation

BOISE, Idaho and CAMP HILL, Pa. – May 14, 2018 – Albertsons Companies, Inc. one of the nation’s largest grocery retailers, and Rite Aid Corporation (NYSE:RAD), one of the nation’s leading drugstore chains, announced today that they will host a joint analyst event on May 15, 2018. The management teams of both companies will discuss the strategic… Continue Reading Albertsons Companies, Inc. and Rite Aid Corporation to Host Analyst Presentation

Albertsons Companies expects to double its rate of Own Brands innovation in 2018

Nearly 1,400 product releases slated for 2018 across the popular Own Brands portfolio Boise, ID – May 2, 2018 – Albertsons Companies is on pace to introduce nearly 1,400 new Own Brands products to its family of stores in 2018, a more than two-fold increase over 2017 that further demonstrates the company’s confidence in developing… Continue Reading Albertsons Companies expects to double its rate of Own Brands innovation in 2018