Albertsons

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

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’ 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.