Skip to main content

This Regional Grocery Chain Could Be Downsizing Soon, Experts Say

We're two years out from the start of the pandemic and grocery stores are making major moves and changes based on how shopping looks now. Costco just announced nine new warehouses are coming soon, Walmart is changing up the layout in its stores, and more. But another grocery chain is changing in a different way and says it may sell part of the company.

There are 2,200+ Albertsons food and drug stores across the U.S. under banners like Safeway, Vons, Jewel-Osco, Acme, Tom Thumb, Star Market, and more, but the company recently said that it is aiming at enhancing growth, and analysts say this could mean some of its stores could be sold. (For more grocery news, here are 6 Things You'll See at Costco This Year.)

"The Board believes the continuing strength of our business and the scale of our portfolio of assets warrants a deep and considered review of all possible paths towards maximizing value creation," Chan Galbato, Co-Chair of the Board of Directors, says in a news release published on Feb. 28.

Albertsons store front

Although they say that "There can be no assurance that the review will result in any transaction or other strategic change or outcome," Arun Sundaram, an analyst for CFRA Research, recently told investors to look out for potential sales of "underperforming banners", according to Grocery Dive

He reportedly said that by getting rid of these, it could help the company in competition with Kroger, Costco, Walmart, Target, and others as online shopping and technology advances. Time will tell if this happens, but until then Albertsons says it "does not intend to comment further until it determines that further disclosure is appropriate or necessary."

In the meantime, This Is How Much Grocery Prices Have Actually Risen, New Study Says.

The post This Regional Grocery Chain Could Be Downsizing Soon, Experts Say appeared first on Eat This Not That.


Eat This Not That

Popular posts from this blog

lose weight No-exercise No-diet – super fast weight loss drink

To day in this post i will share with you A MAGICAL SLIMMING DRINK TO BURN FAT FAST .This Natural Drink to help SUPER FAST WEIGHT LOSS & also help to NO-EXERCISE NO-DIET WEIGHT LOSS FAST.

Actress Gabourey PRECIOUS Sidibe Shows Off Her AMAZING Weight Loss . . . She’s Already Dropped 75 POUNDS

Peep the before and after pics actress Gabourey Sidibe underwent weight loss surgery, to get her weight under control. And it’s been a HUGE success. Gabourey has stuck with her diet and exercise regimen and already lost 75 pounds.

The #1 Cause of Belly Fat, Says Science

Belly fat can be pretty stubborn and frustrating. Even if we try to watch what we eat, sometimes it refuses to budge! While belly fat is something many of us deal with, a lot of us don't really understand why it's happening and what we need to get rid of it — and the reality is what works for some, may not work for others. But the key to understanding our belly fat and finding ways to deal with it is to begin to understand why it is there in the first place. Read on to find out more—and to ensure your health and the health of others, don't miss these Sure Signs You Have "Long" COVID and May Not Even Know It . 1 What Is Belly Fat? All of us have fat in our bodies, and that's a good thing! No, it's really true! "Fats play an important role, not only in providing energy to our body, but also in the regulation of our body temperature, and production of hormones," said Rebeca Stevenson, M.S., registered dietitian and chef at ADAPT wellnes