by Mike Duff | Oct 19, 2022 | Retail Articles
With the blockbuster announcement that the company is preparing to merge with The Kroger Co.just days behind it, Albertsons Cos. announced identical store sales and earning advances in the second quarter. Net income was $342.7 million, or 59 cents per diluted share,...
by Mike Duff | Jul 27, 2022 | Retail Articles
In a quarter when shoppers shifted to food and consumable purchasing under the pressure of inflation, Albertsons Cos. posted satisfying sales and earnings, beating Wall Street estimates. Net income was $484.2 million, or 84 cents per share, versus $444.8 million, or...
by Mike Duff | Jul 18, 2022 | Retail Articles
DoorDash will offer deals — from fast food and grocery to experiences and back-to-school merchandise — starting July 21 when it kicks off its third annual Summer of DashPass. The promotion runs five weeks, DoorDash stated, and it will encompass more than 25,000...
by Mike Duff | Apr 14, 2022 | Retail Articles
With identical sales positive after a big leap in the year-past period, Albertsons Cos. made big gains in the fourth quarter that included turning around a GAAP loss. Net income was $455.1 million, or 79 cents per diluted share, versus a net loss of $144.2 million, or...
by Mike Duff | Sep 23, 2021 | Retail Articles
The Albertsons Cos. has struck a deal with Firework, a short-form video platform that supports shoppable, live stream video, to transform its digital offerings, bringing online shoppers a new browsing and purchasing experience. In this first phase of the partnership,...
