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News and information on merchandising trends and retail pharmacies at Albertsons

Albertsons taps former PepsiCo, Amazon exec to lead pharmacy, health

Omer Gajial, a former executive at Amazon and PepsiCo, has been named Albertsons' senior vice president of pharmacy and health.

Albertsons rolls out at-home COVID-19 test kits in select markets

Albertsons partnered with genomics firm Phosphorus to begin offering at-home COVID-19 test kits in select markets, with plans to expand the offering throughout September and October. 

Albertsons exterior.

Albertsons’ children-focused immunization push is aimed at filling a gap in child wellness services created by the COVID-19 pandemic.

Mark Panzer, most recently Albertsons' senior vice president of pharmacy, health and wellness, is departing the company to pursue other interests, a company spokesperson said.

Albertsons reported first quarter fiscal 2020 sales of $22.8 billion, up 21% from $18.7 billion during the prior-year period.

With plans to sell 65.8 million shares of its common stock on the New York Stock Exchange under the ticker symbol ABI, Albertsons could bring in between $1.2 billion and $1.3 billion with its initial public offering.

Apollo Global Management, the private-equity owner of The Fresh Market, along with a group of investors, has acquired a 17.5% stake in Albertsons.

Albertsons will roll out the Intelligent Engagement Platform from Nuance as demand for online grocery shopping grows during the COVID-19 pandemic.

Albertsons’ identical-store sales surged 47% during March before decelerating to a still-impressive 21% growth rate in April.

Bartell's storefront.

Bartell's is taking additional safety measures to protect employees and customers during the COVID-19 pandemic.

Albertsons has forged a partnership with 17 companies to provide part-time jobs to partners' employees who have been furloughed or had their employment hours cut back. 

Wakefern Food named a new chief merchandising officer and made an appointment to the position of chief customer officer.

As the COVID-19 pandemic continues, the industry is taking steps to keep stores safe for consumers and associates while still serving as a resource. 

The retailer said it has not determined the number of shares of common stock it will offer, nor did it offer a price range.

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