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Albertsons

  • Reports: Cerberus reportedly seeking financing for Supervalu deal

    NEW YORK — Cerberus Capital Management, which owns Albertsons LLC, may be looking to reunite the stores as it has reportedly emerged as a possible suitor to acquire all or part of Supervalu, according to published reports. 

    Cerberus is reportedly seeking $4 billion to $5 billion in debt financing from banks and is looking at investing equity of $800 million to $900 million, a person familiar with the matter reportedly said, although the source cautioned that the figures could change, according to reports.

  • Safeway's Just for U loyalty platform, shopping app driving optimism at the chain

    PLEASANTON, Calif. — Safeway's approach to multichannel retailing — a shopping app fielding personalized, targeted promotions to members of its growing Just for U loyalty program — represents the foundation for future growth, executives noted during a conference call with analysts Thursday morning.  

  • Safeway HR head earns industry recognition

    PLEASANTON, Calif. — Safeway on Monday announced that Russ Jackson, Safeway SVP human resources, has been named by Human Resource Executive magazine to the influential 2012 HR Honor Roll. Jackson will be recognized by the publication on Oct. 9 at a black tie awards dinner at the University Club of Chicago.

  • Safeway underscores corporate social responsibility with Heart of Safeway Pledge

    PLEASANTON, Calif. — Safeway has launched a personal call to action that directly involves and rewards employees and shoppers.

    The "Heart of Safeway Pledge" extends the retailer's corporate social responsibility commitment and invites employees and shoppers to take simple, everyday steps — such as using energy-conserving light bulbs, taking a 15-minute walk three times a week or eating healthier foods — to benefit people and their communities.

  • Safeway to offer 10% grocery discount to flu shot patients

    PLEASANTON, Calif. — Safeway on Thursday announced the availability of flu shots on a walk-in basis at all Safeway pharmacy locations.

  • Safeway Foundation gives $2 million to community health programs, hospitals

    PLEASANTON, Calif. — The Safeway Foundation on Monday announced it is giving $2 million to community health programs and hospitals to launch grassroots projects for the prevention and treatment of childhood obesity.

    The "Innovative Approaches to Preventing Childhood Obesity" grants are a part of an overall outreach and commitment to community health.

  • Actress Marg Helgenberger to appear in Safeway Foundation breast cancer campaign

    LOS ANGELES — Actress and Stand Up To Cancer ambassador Marg Helgenberger will appear in a new public service campaign on behalf of The Safeway Foundation and Stand Up To Cancer, the companies announced Wednesday.

    Helgenberger, known for her role as Catherine Willows on the CBS drama "CSI: Crime Scene Investigation," will appear in both a print and 30-second broadcast public service announcement in direct support of the campaign.

  • Much mobile potential remains untapped

    WHAT IT MEANS AND WHY IT'S IMPORTANT — William Gibson, the science fiction author famous for being a key founder of the cyberpunk literary movement, once wrote, "The future is already here. It just hasn't been evenly distributed yet." That's especially true when considering the relatively slow adoption of mobile technology by retailers despite the buzz surrounding it and its enormous potential.

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