Albertsons' improved balance sheet and recent dividend increase highlight its potential for future growth. See why I rate ACI stock as a buy.

An Albertsons official said all 39 employees would be offered jobs at the Albertsons on North Montana Avenue or the Safeway.

Its planned merger with Kroger over, Boise’s Albertsons supermarket chain is getting a new CEO. Vivek Sankaran, who has run the nation’s second-largest traditional grocery company since September 2019,

Albertsons said on Monday that its CEO Vivek Sankaran would be retiring and insider Susan Morris would assume the role, effective May 1.

The CEOs of both Kroger Co. and Albertsons Companies Inc., the two grocery giants that were involved in a failed mega-acquisition attempt, are both leaving their respective companies. Cincinnati-based Kroger announced Monday morning that Rodney McMullen resigned from the company “following a board investigation of his personal conduct that,

In December, federal and state courts blocked the attempted merger between two of Colorado’s grocery store giants: Albertsons (Safeway) and Kroger (King Soopers, City Market). The merger was challenged by the Federal Trade Commission

Shares of Albertsons Cos. are trading higher in the after-hours market following news the company will be joining the S&P MidCap 400. Albertsons is slated to replace Aspen Technology on the index on March 11. After the bell Tuesday, Albertsons stock was trading 4.5% higher at $20.65. The stock finished the regular session at $19.76, losing 4.4%.

The leadership changes come just a few months after a federal judge temporarily halted a proposed merger between Kroger and Albertsons.

Albertsons Companies (ACI) will replace Aspen Technology (AZPN) in the S&P MidCap 400 effective prior to the opening of trading on Tuesday,

Albertsons, the parent company of Safeway, will soon have a new CEO who’s grocery career began in Denver. The company’s Chief Operating Officer Susan Morris will succeed Albertsons’ current CEO Vivek Sankaran, the grocer announced Monday. Sankaran plans to retire and Morris will take over May 1, Albertsons said in a news release.