Albertsons LLC

One company is seeking to turn grocery shopping from an errand to an activity. Food and drug retailer Albertsons Cos. (NYSE: ACI) announced on Monday an overhaul of its digital segment, unveiling three new offerings to its suite of digital services, including FreshPass, a subscription service that...

Albertsons Companies, the second-largest grocer in the U.S., has announced that it is joining the IBM Food Trust network that runs on a blockchain framework, in an attempt to increase transparency and visibility into its supply chain. The IBM Food Trust network is a consortium that comprises more...

Thanks to volatility in food prices, Albertsons LLC's reported eye on a merger with Sprouts Farmers Market Inc (NASDAQ: SFM) could be a golden opportunity for the bigger chain to add the organic grocer to a business that currently includes Safeway stores, analysts said Tuesday. “Could be...

Cerberus Capital Management LP is working with Supervalu, Inc. (NYSE: SVU) on a possible acquisition deal to buy Supervalu's entire business. Supervalu, a conglomeration of several grocery store chains, has struggled for a number of years due to intense competition from other grocers, discount...