The Food Safety and Inspection Service of the US Department of Agriculture issued a public health alert regarding breakfast bowl products sold at certain Albertsons retail locations.
In early 2022, San Francisco-based fresh supply chain specialist Afresh Technologies announced it was partnering with Albertsons to help the retailer reduce waste, increase sales and provide its customers with the freshest foods.
Retail technology company Upshop has named Ryan Voorhees as its new chief operating officer and Mark Hawthorne as its new chief innovation and strategy officer.
The next step in The Kroger Co.’s acquisition of Albertsons Companies is an expected second request for additional information from the Federal Trade Commission.
Following The Kroger Co.’s proposed acquisition of Albertsons, the Washington State Court granted a temporary restraining order on Nov. 3 on the basis that the company would be unable to compete if it paid the $6.85 per common share special dividend while the merger is under antitrust review.
The Kroger Co. is acquiring Albertsons Companies for approximately $24.6 billion. If the acquisition is approved, it will encompass 4,996 stores, 52 processing plants, 66 distribution centers, employ approximately 710,000, and, on a combined basis have an estimated $210 billion sales and $3.3 billion in earnings.