Albertsons Companies Inc Aktie News

BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies announced today that the retailer was voted the ‘People's Voice' winner for best shopping and retail app in the 28th annual Webby Awards. Over the last year, Albertsons Cos. has been updating and redesigning its mobile app to create a fast and easy digital shopping experience. Winning this award underscores the investment and progress made in ...

Before considering which stocks to buy if inflation continues, it's good to remember the relationship between inflation and interest rates. The latest reading on CPI and PPI shows that the declining inflation rate may be ramping back up.

Despite recent moves by potential competitors, Roku's risk-reward profile looks very compelling. The proposed Albertsons-Kroger acquisition has created a special situation that could be profitable no matter the outcome.

Kroger and Albertsons plan to sell an additional 166 stores to C&S Wholesale Grocers, bringing the total to 579 stores that would be sold to make way for their proposed merger.

As ongoing financial challenges have grocery shoppers more cautious about their purchasing, many are seeking out digital rewards.  In its fourth quarter and full year fiscal 2023 financial results, Albertsons Companies shared that increases in digital engagement led its growth, with identical sales up only 1% year over year in Q4 but digital sales up 24%.

Albertsons (ACI) shares declined in intraday trading Monday as the supermarket chain and Kroger (KR) agreed to sell off more stores in order to get regulatory approval for Kroger's $24.6 billion acquisition of its rival.

Albertson's Companies NYSE: ACI proposed takeover by Kroger NYSE: KR may or may not go through, but it doesn't matter. Either way, this stock is a value for income investors you don't find daily.

Grocery chains Kroger and Albertsons now plan to sell more locations and assets. Albertsons also reported strong earnings for the fiscal fourth quarter.