With a commitment to achieve net zero in its own operations by 2040, Albertsons has developed plans to eliminate food waste going to landfill, increase workforce diversity and help lead the fight against food insecurity.
Fourth-quarter sales and other revenue reached $17.4 billion during the 12 weeks ended Feb. 26, due to an increase in identical sales and higher fuel sales, with retail price inflation contributing to the identical sales increase.
Customers who use pre-paid cards funded by Medicare Advantage plans, employer incentives, healthcare providers or local government can use these benefits to purchase over-the-counter medications and fresh produce.
The review will include an assessment of various balance sheet optimization and capital return strategies, potential strategic or financial transactions, and the development of other strategic initiatives.
Afresh Technologies will enable Albertsons to deploy a state-of-the-art AI technology platform in all its stores to further differentiate its fresh offering to customers while helping to reduce food waste.