by Mike Duff | Jul 27, 2022 | Retail Articles
In a quarter when shoppers shifted to food and consumable purchasing under the pressure of inflation, Albertsons Cos. posted satisfying sales and earnings, beating Wall Street estimates. Net income was $484.2 million, or 84 cents per share, versus $444.8 million, or...
by Mike Duff | Jul 18, 2022 | Retail Articles
DoorDash will offer deals — from fast food and grocery to experiences and back-to-school merchandise — starting July 21 when it kicks off its third annual Summer of DashPass. The promotion runs five weeks, DoorDash stated, and it will encompass more than 25,000...
by Mike Duff | Apr 14, 2022 | Retail Articles
With identical sales positive after a big leap in the year-past period, Albertsons Cos. made big gains in the fourth quarter that included turning around a GAAP loss. Net income was $455.1 million, or 79 cents per diluted share, versus a net loss of $144.2 million, or...
by Mike Duff | Sep 23, 2021 | Retail Articles
The Albertsons Cos. has struck a deal with Firework, a short-form video platform that supports shoppable, live stream video, to transform its digital offerings, bringing online shoppers a new browsing and purchasing experience. In this first phase of the partnership,...