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Albertsons Companies, Inc.[1][2] is an American grocery company founded and headquartered in Boise, Idaho. With 2,253 stores as of the third quarter of fiscal year 2020 and 270,000 employees as of fiscal year 2019, [3][8][6] the company is the second-largest supermarket chain in North America after Kroger. [9][10] Albertsons ranked 53rd in the 2018 Fortune 500 list of the largest United States ...
Following the purchase, Safeway and its remaining brands, Randalls, Tom Thumb, Vons, and Pavilions, along with their respective divisions, were integrated into the operations of Albertsons, and Safeway's proprietary food products were distributed in all of the Albertsons-Safeway banners, replacing Albertsons' SuperValubranded products.
The Kroger–Albertsons acquisition is a planned acquisition between the two American grocery chains which serve most of the country's mid-tier grocery market, Kroger and Albertsons. Kroger plans to compete with non-union grocery chain Amazon Fresh, which includes Whole Foods Market, discount department store chains Target and Walmart, and the warehouse club retail chains Costco and Sam's Club ...
Albertsons Companies, Inc. (ACI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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Albertsons Companies, Inc. (ACI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
President and CEO of Albertsons Inc (30-Year Financial, Insider Trades) Vivek Sankaran (insider trades) bought 25,000 shares of ACI on 08/14/2020 at an average price of $14.74 a share. Continue ...