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.

When Should I Take Creatine?

Creatine is probably the most well-researched supplement on the market today. Numerous studies have found positive adaptations in strength, power and muscle mass thanks to creatine supplementation—especially when it's combined with resistance training. Although the benefits of creatine are well-known to lifters, the best time to take it isn't common knowledge. Which leads us to some important questions:     Does an optimal time for consuming creatine exist?     If it does, should you take it before or after your workout? According to a new study published in the Journal of Exercise and Nutrition, the timing of creatine ingestion does indeed play a role in getting bigger and stronger. Creatine supplementation before resistance training increases muscular strength and lean muscle mass. Interestingly, taking creatine immediately after lifting weights results in greater muscle growth than taking it immediately before. However, in terms of strength gains, no difference betw

Best Smoothie Habits for Weight Loss, According to Dietitians

When it comes to trying to lose weight , most of us are rather poor math students. We mess up the addition and subtraction all the time. We'll try to subtract calories by skipping meals only to become ravenous later on and undercalculate how much food we've eaten to satisfy that gnawing hunger . That's where smoothies can shine as effective weight-loss tools. Research has found that meal replacement shakes, such as protein and fruit/vegetable smoothies, can help people reduce overall daily calorie consumption if used regularly in place of calorie-dense meals and snacks. Getting into the smoothie habit works for weight loss if you follow the right approach. We asked dietitians for the best strategies for getting the most benefit from your smoothie habit . After you read through these tips, try out our recipes for the 25 Best-Ever Weight Loss Smoothies . 1 Make weight loss your 'why' Don't assume a new smoothie recipe is right for you simply because i