Albertsons Companies welcomes Jim Donald as President and Chief Operating Officer

Boise, Idaho, 2018-Mar-07 — /EPR Retail News/ — Albertsons Companies announced today (Mar 05, 2018) that Jim Donald, former President and Chief Executive Officer of Starbucks, has been appointed President and Chief Operating Officer of Albertsons Companies, effective immediately. Donald is an experienced retail operator with extensive knowledge of Albertsons Companies, having previously held senior leadership roles at both Albertson’s, Inc. and Safeway, Inc. Donald also served as a member of the Board of Directors of Rite Aid from 2008 to 2013.

As President and Chief Operating Officer, Donald will have responsibility for the operations of the retailers’ 2,300+ store portfolio and help with the acceleration of the company’s growing omnichannel platform. Following the close of the recently announced merger with Rite Aid, subject to customary regulatory approvals and approval by Rite Aid shareholders, Donald will continue in this role and work alongside the rest of the combined company’s leadership team. Donald replaces Wayne Denningham, who retired earlier this year. Susan Morris, who was named Executive Vice President and Chief Operations Officer in January 2018, will continue in her role.

“Jim Donald has built an exceptional career in retail. His knowledge of our company and industry is unmatched, and I know his contributions will be invaluable as we enter the next chapter of Albertsons Companies,” said Bob Miller, Albertsons Companies Chairman and Chief Executive Officer. “We look forward to tapping his expertise in leading large consumer brands as we work every day to meet our customers’ needs, both in-store and online.”

Most recently, Donald served as Chief Executive Officer of Extended Stay America, a large US-based hotel chain, from 2012 to 2015. From 2009 to 2011, Donald served as President and Chief Executive Officer of food and pharmacy retailer Haggen, Inc. Prior to that, he spent six years at Starbucks, leading the company through a period of strong growth and performance, working his way up from President of its North America Division to President and Chief Executive Officer of Starbucks Corporation. Earlier in his career, Donald led Pathmark Stores, Inc. and held a variety of senior management positions with Albertson’s, Inc., Safeway, Inc. and Wal-Mart Stores, Inc.

Said Donald, “Having first worked at Albertsons 42 years ago, I have watched as an insider and from afar how their keen focus on customer service maintained a solid foundation for their team through the years. Their acquisitive nature combined with their recent innovation efforts and strong Own Brands portfolio have helped them to build an even stronger company today. I look forward to being a part of the team that takes this great company into the future and continues to serve the food, health, and wellness needs of today’s busy customers.”

About Albertsons Companies

Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 20 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs. Albertsons Companies is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood.

Important Notice Regarding Forward-Looking Statements

This press release contains certain forward-looking statements. Statements that are not historical facts, including statements about our perspectives and expectations, are forward looking statements. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions, when related to the Company and its subsidiaries, indicate forward-looking statements. These statements reflect the current view of management and are subject to various risks and uncertainties. These statements are based on various assumptions and factors, including general economic, market, industry and operational factors. Any changes to these assumptions or factors may lead to practical results different from current expectations. Excessive reliance should not be placed on those statements. Forward-looking statements relate only to the date they were made, and the Company and its subsidiaries undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made.

MEDIA CONTACT:

208-395-6200

Source: Albertsons Companies/globenewswire

Albertsons Companies and Rite Aid Corporation announce merger agreement

  • Combination Will Create Strong Local Networks in Attractive Geographies
  • Integrated Platform Will Provide Customers Greater Choice, Convenience, and Access,
    and Accelerate Omni-Channel Strategy to Reach More Customers and Drive Profitable Growth
  • John Standley to Serve as Chief Executive Officer and Bob Miller to Serve as Chairman
    of Combined Company
  • Transaction Expected to Generate Run Rate Cost Synergies of $375 Million and Create
    Incremental Revenue Opportunities of Over $3.6 Billion
  • Combined Company Expected to Generate Pro Forma 2018[1] Revenues of $83 Billion and Adjusted
    Pro Forma EBITDA of $3.7 Billion (Including Run Rate Cost Synergies)

BOISE, Idaho and CAMP HILL, Pa., 2018-Feb-21 — /EPR Retail News/ — Albertsons Companies, one of the nation’s largest grocery retailers, and Rite Aid Corporation (NYSE:RAD), one of the nation’s leading drugstore chains, announced a definitive merger agreement under which privately held Albertsons Companies will merge with publicly traded Rite Aid.

Under the terms of the agreement, in exchange for every 10 shares of Rite Aid common stock, Rite Aid shareholders will have the right to elect to receive either (i) one share of Albertsons Companies common stock plus approximately $1.83 in cash or (ii) 1.079 shares of Albertsons Companies stock. Depending upon the results of cash elections, upon closing of the merger, shareholders of Rite Aid will own a 28.0 percent to 29.6 percent stake in the combined company, and current Albertsons Companies shareholders will own a 70.4 percent to 72.0 percent stake in the combined company on a fully diluted basis. Immediately following completion of the merger and assuming that all Rite Aid shareholders elect to receive shares plus cash, Albertsons Companies will have approximately 392.9 million shares outstanding on a pro forma and fully diluted basis. Following the close of the transaction and the share exchange, Albertsons Companies’ shares are expected to trade on the New York Stock Exchange.

Albertsons Companies is backed by an investment consortium led by Cerberus Capital Management, L.P. (“Cerberus”), which also includes Kimco Realty Corporation (NYSE: KIM), Klaff Realty LP, Lubert-Adler Partners LP, and Schottenstein Stores Corporation.

Current Rite Aid Chairman and Chief Executive Officer John Standley will become Chief Executive Officer of the combined company, with current Albertsons Companies Chairman and Chief Executive Officer Bob Miller serving as Chairman. The combined company is expected to be comprised of leadership from both companies and will be dual headquartered in Boise, Idaho, and Camp Hill, Pennsylvania. The name of the combined company will be determined by transaction close.

The integrated company will operate approximately 4,900 locations, 4,350 pharmacy counters, and 320 clinics across 38 states and Washington, D.C., serving 40+ million customers per week. Most Albertsons Companies pharmacies will be rebranded as Rite Aid, and the company will continue to operate Rite Aid stand-alone pharmacies.

The combination will provide customers with flexible and convenient access to a full range of food, health, and wellness offerings and will deliver significant value to customers, employees, and shareholders by:

• Enhancing Geographic Footprint and Creating Local Networks in Attractive Geographies. The new company will have an expanded footprint and be ranked first or second in 66 percent of the top metropolitan areas in the United States and will be ranked first or second in 70 percent of pharmacy locations[2]. It will establish the leading integrated food, health, and wellness retailer on the West Coast and will have a strong brand position in the Northeast.

• Leveraging Strong Pharmacy Network and Rite Aid’s Pharmacy Benefit Management Company, EnvisionRxOptions, to Drive Customer Growth. The combined company will be positioned to drive incremental growth by deepening existing relationships and expanding reach across higher-value pharmacy customers. This will be achieved through a full suite of health and wellness capabilities, including specialty pharmacy offerings and in-store RediClinics in larger Albertsons Companies stores and stand-alone Rite Aid stores. In addition, investing in preferred relationships with EnvisionRxOptions, other PBMs, and regional payors is expected to drive prescription growth.

• Utilizing Data Analytics and Integrated Loyalty Programs to Drive Growth and Target New Customers. The new company will capitalize on enhanced data and analytics to unlock profitable growth through new customer acquisition, new merchandising programs, and demand forecasting. It will also create cross-branded opportunities for its loyalty programs, improving connections across a combined current base of 25 million active loyalty program participants.

• Combining Strong Own Brand Portfolios with Extensive Manufacturing and Distribution Network to Drive Revenue Growth and Operating Efficiencies. The combination of Albertsons Companies’ billion dollar own brands, including O Organics and Lucerne, and its manufacturing and operating capabilities, with Rite Aid’s own brands in health and wellness, including B4Y and Daylogic, and its pharmacy expertise will allow the combined company to drive growth opportunities and efficiencies across its purchasing, marketing, manufacturing, and merchandising functions.

• Serving Customers When, Where, and How They Want to Shop. The combined company’s expanding omni-channel platform will provide customers with convenience, choice, and flexibility through multiple in-store formats, digital channels, and same-day food and prescription delivery options from stores and via Drive Up & Go.

“This powerful combination enables us to become a truly differentiated leader in delivering value, choice, and flexibility to meet customers’ evolving food, health, and wellness needs,” said Rite Aid Chairman and Chief Executive Officer John Standley. “The combined platform positions Rite Aid to capitalize on our pharmacy expertise and expand and enhance our pharmacy footprint. We are confident that delivering improved customer experiences and value will drive growth and profitability while creating compelling  long-term value for shareholders.”

“The hallmark of Albertsons Companies’ business has been to become the favorite local supermarket of our customers,” said Bob Miller, Albertsons Companies Chairman and Chief Executive Officer. “We have always put our customers first, and our combination with Rite Aid will enable us to even better serve the valuable pharmacy customer by providing a fully integrated one-stop-shop for our customers’ food, health, and wellness needs. I have long known the excellent management team at Rite Aid, and we share a singular focus on superior customer service and a clear vision and strategy to become the favorite local supermarket and pharmacy to shoppers in every neighborhood we serve.”

Lenard Tessler, Vice Chairman and Senior Managing Director at Cerberus, commented, “As a long-term partner to Albertsons Companies’ world-class management team, this transaction highlights Cerberus’s confidence in this team and our conviction in the underlying customer focus driving this combination. As significant shareholders, we are very optimistic about the future of the combined company.”

Financial Details

The combined business will benefit from an enhanced financial profile and solid capital structure, which will support growth and expansion. On a pro forma basis, the combined company is expected to generate year one revenues of approximately $83 billion (excluding potential revenue opportunities) and year one Adjusted Pro Forma EBITDA of approximately $3.7 billion (including run rate cost synergies). The combined company’s pro forma net leverage ratio is expected to be 3.8x at transaction close (including run rate cost synergies).

The combined company expects to deliver annual run-rate cost synergies of $375 million in approximately three years and access potential annual revenue opportunities of $3.6 billion. Over 60 percent of the cost synergies are expected to be realized within the first two years post-close. Identified revenue opportunities primarily include partnering with payors, including Rite Aid’s PBM, EnvisionRx, through preferred networks to drive additional high-value customers, connecting Rite Aid’s reliable pharmacy customer base to Albertsons Companies through loyalty programs and targeted marketing, leveraging Albertsons Companies’ grocery capabilities and Rite Aid’s pharmacy expertise to enhance the customer offering, and driving traffic through the omni-channel experience. Cost synergies will be achieved primarily through procurement savings, leveraging efficiencies realized by a combined supply chain, combined distribution and fulfillment channels, and leveraging manufacturing capabilities.

Governance

The board of directors will be comprised of nine directors, four of whom will be named by Albertsons Companies (including Bob Miller and Lenard Tessler), four of whom will be named by Rite Aid (including John Standley), and one of whom will be a jointly selected director. A majority of the Board will be independent. Lenard Tessler will serve as Lead Director.

Approvals and Timing

The transaction has been approved unanimously by the boards of directors of both companies. The merger is expected to close early in the second half of calendar year 2018, subject to the approval of Rite Aid’s shareholders, regulatory approvals, and other customary closing conditions.

Advisors

Credit Suisse and Goldman Sachs & Co. LLC served as lead financial advisors to Albertsons Companies and Schulte Roth & Zabel LLP acted as legal advisor. Bank of America Merrill Lynch also served as financial advisor to Albertsons Companies and is providing committed financing for the proposed transaction together with Credit Suisse and Goldman Sachs.

Citi served as exclusive financial advisor to Rite Aid, and Skadden, Arps, Slate, Meagher and Flom LLP acted as legal advisor.

Investor Call

An analyst call will be conducted at 8:30 a.m. Eastern Time today with remarks by both management teams. The call will be simulcast via the internet and can be accessed in the Investor Relations sections of www.riteaid.com and www.albertsonscompanies.com, along with an accompanying investor presentation. You may participate in the call by dialing (877) 654-4425 within the U.S. and Canada or (706) 679-0005 outside of the U.S. and Canada. The reservation number is: 9687728.

A playback of the call will also be available by telephone beginning at 12 p.m. Eastern Time today until 11:59 p.m. Eastern Time on March 6, 2018. The playback number is 1-855-859-2056 from within the U.S. and Canada or 1-404-537-3406 from outside the U.S. and Canada with the reservation number 9687728.

About Albertsons Companies

Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 20 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs, as well as meal kit company Plated based in New York City. Albertsons Companies is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2016 alone, along with the Albertsons Companies Foundation, the company gave nearly $300 million in food and financial support. These efforts helped millions of people in the areas of hunger relief, education, cancer research and treatment, programs for people with disabilities and veterans outreach.

About Rite Aid Corporation

Rite Aid Corporation (NYSE: RAD) is one of the nation’s leading drugstore chains with fiscal 2017 annual revenues of $32.8 billion. The Company also owns EnvisionRxOptions, a multi-faceted healthcare and pharmacy benefit management (PBM) company supporting a membership base of more than 22 million members; RediClinic, a convenient care clinic operator with locations in Delaware, New Jersey, Pennsylvania, Texas and Washington; and Health Dialog, a leading provider of population health management solutions including analytics, a multi-channel coaching platform and shared decision-making tools. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at www.riteaid.com.

About Cerberus Capital Management, L.P.

Established in 1992, Cerberus Capital Management, L.P. is a global leader in alternative investing with more than US $34 billion under management across complementary credit, private equity, and real estate strategies. From its headquarters in New York City and network of affiliate and advisory offices in the United States, Europe, and Asia, Cerberus has the on-the-ground presence to invest in multiple asset classes globally.

Important Notice Regarding Forward-Looking Statements and Non-GAAP Measures

This press release contains certain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the pending merger between Albertsons Companies Inc. (“Albertsons Companies”) and Rite Aid Corporation (“Rite Aid”) and the transactions contemplated thereby, and the parties perspectives and expectations, are forward looking statements. Such statements include, but are not limited to, statements regarding the benefits of the proposed merger, integration plans, expected synergies and revenue opportunities, anticipated future financial and operating performance and results, including estimates for growth, the expected management and governance of the combined company, and the expected timing of the transactions contemplated by the merger agreement. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions indicate forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown, which could cause the actual results to vary materially from those indicated or anticipated. Such risks and uncertainties include, but are not limited to, risks related to the expected timing and likelihood of completion of the pending merger, including the risk that the transaction may not close due to one or more closing conditions to the transaction not being satisfied or waived, such as regulatory approvals not being obtained, on a timely basis or otherwise, or that a governmental entity prohibited, delayed or refused to grant approval for the consummation of the transaction or required certain conditions, limitations or restrictions in connection with such approvals, or that the required approval of the merger agreement by the stockholders of Rite Aid was not obtained; risks related to the ability of Albertsons Companies and Rite Aid to successfully integrate the businesses; the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement (including circumstances requiring a party to pay the other party a termination fee pursuant to the merger agreement); the risk that there may be a material adverse change of Rite Aid or Albertsons Companies; risks related to disruption of management time from ongoing business operations due to the proposed transaction; the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Rite Aid’s common stock, and the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Albertsons Companies and Rite Aid to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally; risks related to successfully integrating the businesses of the companies, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the combined company may be unable to achieve cost-cutting synergies or it may take longer than expected to achieve those synergies; and risks associated with the financing of the proposed transaction. A further list and description of risks and uncertainties can be found in Rite Aid’s Annual Report on Form 10-K for the fiscal year ending March 4, 2017 filed with the Securities and Exchange Commission (“SEC”), in Albertsons Companies, LLC’s Form S-4 registration statement filed with the SEC on June 28, 2017, in Albertsons Companies, LLC’s quarterly reports on Form 10-Q filed with the SEC on August 1, 2017, October 23, 2017 and January 1, 2018 and in the Form S-4 that will be filed with the SEC by Albertsons Companies in connection with the proposed merger, and other documents that the parties may file or furnish with the SEC, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and Albertsons Companies, Rite Aid, and their subsidiaries undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Adjusted EBITDA (the “Non-GAAP Measure”) is a performance measure that provides supplemental information that Albertsons Companies and Rite Aid believe is useful to analysts and investors to evaluate ongoing results of operations, when considered alongside other GAAP measures such as net income, operating income and gross profit. This Non-GAAP Measure excludes the financial impact of items management does not consider in assessing the ongoing operating performance of Albertsons Companies, Rite Aid, or the combined company, and thereby facilitates review of its operating performance on a period-to-period basis. Other companies may have different capital structures or different lease terms, and comparability to the results of operations of Albertsons Companies, Rite Aid, or the combined company may be impacted by the effects of acquisition accounting on its depreciation and amortization. As a result of the effects of these factors and factors specific to other companies, Albertsons Companies and Rite Aid believe Adjusted EBITDA provides helpful information to analysts and investors to facilitate a comparison of their operating performance to that of other companies. The presentation of the Non-GAAP Measure in this press release should not be construed as an inference that its future results will be unaffected by unusual or non-recurring items. A reconciliation of the Non-GAAP Measure has not been provided because such reconciliation could not be produced without unreasonable effort.

Additional Information and Where to Find It

In connection with the proposed strategic combination involving Rite Aid and Albertsons Companies Inc., Rite Aid and Albertsons Companies Inc. intend to file relevant materials with the SEC, including that Albertsons Companies Inc. will file a registration statement on Form S-4 that will include a proxy statement/prospectus to be distributed to Rite Aid stockholders. Rite Aid will mail the proxy statement/prospectus and a proxy card to each stockholder entitled to vote at the special meeting relating to the proposed merger. INVESTORS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION. RITE AID’S EXISTING PUBLIC FILINGS WITH THE SEC SHOULD ALSO BE READ, INCLUDING THE RISK FACTORS CONTAINED THEREIN.

Investors and security holders may obtain copies of the Form S-4, including the proxy statement/prospectus, as well as other filings containing information about Rite Aid, free of charge, from the SEC’s Web site (www.sec.gov). Investors and security holders may also obtain Rite Aid’s SEC filings in connection with the transaction, free of charge, from Rite Aid’s Web site (www.RiteAid.com) under the link “Investor Relations” and then under the tab “SEC Filings,” or by directing a request to Rite Aid, Byron Purcell, Attention: Senior Director, Treasury Services & Investor Relations. Copies of documents filed with the SEC by Albertsons Companies Inc. will be made available, free of charge, on Albertsons Companies’ website atwww.albertsonscompanies.com.

Participants in Solicitation

Rite Aid, Albertsons Companies Inc. and their respective directors, executive officers and employees and other persons may be deemed to be participants in the solicitation of proxies from the holders of Rite Aid common stock in respect of the proposed transaction. Information regarding Rite Aid’s directors and executive officers is available in its definitive proxy statement for Rite Aid’s 2017 annual meeting of stockholders filed with the SEC on June 7, 2017, as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of such definitive proxy statement. Information about the directors and executive officers of Albertsons Companies will be set forth in the Form S-4. Other information regarding the interests of the participants in the proxy solicitation will be included in the proxy statement/prospectus when it becomes available. These documents can be obtained free of charge from the sources indicated above.

This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

Media and Investor Contacts:

For Albertsons Companies
INVESTORS:                                     MEDIA:
Melissa Plaisance                               Christine Wilcox
(925) 226-5115                                 (208) 395-4163
melissa.plaisance@albertsons.com      christine.wilcox@albertsons.com

For Rite Aid
INVESTORS:                                     MEDIA:
Byron Purcell                                     Ashley Flower
(717) 975-5809                                 (717) 975-5718
investor@riteaid.com                         aflower@riteaid.com

For Cerberus Capital Management L.P.

MEDIA:
Andrew Johnson
(646) 495-2700
ajohnson@gpg.com

Contact:

Investors: 
Byron Purcell
717-975-5809
investor@riteaid.com

Media: 
Ashley Flower
717-975-5718

Source: RiteAid

Albertsons Companies announces the acquisition of premier meal kit service, Plated

Acquisition of a Premier Food Tech Company Sets the Stage for the First Omnichannel Meal Kit Service

Boise, ID and New York, NY, 2017-Sep-23 — /EPR Retail News/ — Albertsons Companies, one of the nation’s largest grocery retailers, today (September 20, 2017) announced the acquisition of Plated, a premier meal kit service. This move advances a shared strategy to reinvent the way consumers discover, purchase, and experience food. Plated will operate as a wholly-owned subsidiary of Albertsons Cos.

In teaming up with Plated, Albertsons Cos. adds a meal kit company with leading technology and data capabilities, a strategic step for the company as it continues to focus on innovation, personalization, and customization. Together, Albertsons Cos. and Plated will leverage their diverse and complementary strengths to serve customers in a way that appeals to the evolving lifestyles and food preferences of people across the country. Among the key projected outcomes of this deal is for Plated to become the first omnichannel meal kit offering with national scale.

“Today’s consumer is looking for a variety of personalized shopping alternatives, and this transaction is the latest example of Albertsons Cos. meeting our customers wherever and however they like to shop,” said Bob Miller, Chairman and CEO of Albertsons Companies. “With Plated, we’ve found a partner who shares our commitment to delicious, affordable food; superior technology and innovation; and world class customer service. Plated knows its customers better than anyone, and together we will accelerate our ability to serve them.  We are excited to offer our customers more online options and fresh, quality ingredients along with distinctive recipes at their doorstep or through traditional shopping trips.”

Plated will benefit from Albertsons Cos.’ resources and national reach with over 2,300 stores to scale its business and improve its customer experience with new offerings. Albertsons Cos. will enable Plated to expand beyond its existing subscription model by offering Plated meal kits at many store locations, across its digital channels, and through a variety of distribution options to make it easy to create delicious meals at home by providing the flexibility, convenience, and access to high-quality, fresh ingredients coupled with chef-designed recipes that customers are looking for. Plated’s marketing and acquisition efforts will also benefit by gaining exposure to Albertson Cos.’ 35 million customers per week.

Josh Hix, Co-founder and CEO of Plated, said, “Joining Albertsons Companies presents an amazing opportunity to accelerate our positive impact on the future of food in America by making fresh, delicious food more widely available. Albertsons Cos. is at the forefront of the changing food and grocery landscape with their customer obsession, their large national store footprint, and their exciting plans for the future of the grocery store. We’re excited to be partnering with them to shepherd our growth while preserving the unique strengths that define Plated today. There’s tremendous upside for Plated’s customers whose experience with our brand will only get better. As meal kits continue to gain traction in the marketplace, we believe the winning formula combines choice, flexibility, culinary expertise, and the ability for customers to buy across channels–all of which we are now singularly positioned to deliver in collaboration with Albertsons Cos.”

Plated will continue to operate as a distinct consumer brand with its own leadership team led by Co-founder and CEO Josh Hix. The company will continue to be headquartered in New York City, with fulfillment centers across the country.

Credit Suisse served as financial advisor to Albertsons Cos.

About Albertsons Companies

Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 20 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs. Albertsons Companies is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood.

About Plated

Plated launched in 2012 with a mission to change the way America eats by leveraging data and technology to disrupt the traditional food supply chain and make it easy for people to cook delicious meals at home. Founded by Josh Hix and Nick Taranto, the company has rapidly scaled and evolved with a customer-centric model focusing on choice and flexibility to provide a personalized dinner experience. At the same time, the brand has an unwavering commitment to creating delicious recipes that appeal to people who are passionate about food and seek discovery in the kitchen. The Culinary Team is led by Le Cordon Bleu-trained chef Elana Karp, the company’s Chief Culinary Officer and Culinary Co-founder. Learn more at Plated.com.

Important Notice Regarding Forward-Looking Statements

This press release contains certain forward-looking statements. Statements that are not historical facts, including statements about our perspectives and expectations, are forward looking statements. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions, when related to the Company and its subsidiaries, indicate forward-looking statements. These statements reflect the current view of management and are subject to various risks and uncertainties. These statements are based on various assumptions and factors, including general economic, market, industry and operational factors. Any changes to these assumptions or factors may lead to practical results different from current expectations. Excessive reliance should not be placed on those statements. Forward-looking statements relate only to the date they were made, and the Company and its subsidiaries undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made.

Media Contact:

For Albertsons Companies
Christine Wilcox
christine.wilcox@albertsons.com

For Plated:
Liz Marsh
liz.marsh@plated.com

Source:  Albertsons Companies

Albertsons Companies announces the appointment of Kevin Turner as Vice Chairman and Senior Advisor to the CEO

BOISE, Idaho, 2017-Aug-09 — /EPR Retail News/ — Albertsons Companies, LLC announced today (Aug 7th, 2017) that Kevin Turner, former Chief Operating Officer at Microsoft, has been appointed Vice Chairman of the Board of Managers of AB Acquisition LLC., its direct parent , and Senior Advisor to the Chairman and Chief Executive Officer, Bob Miller.

Turner brings decades of retail and technology experience to his new role with the company, including roles at Walmart and Microsoft. His tenure at Walmart began as a cashier in 1985 and culminated in his appointment to CEO and President of SAM’s Club and Executive Vice President of Walmart Stores, Inc., a position he served in from 2002 to 2005. During his time at Microsoft, from 2005 to 2016, Turner led a number of teams including Worldwide Sales and Marketing, the Retail Stores Division, Corporate Information Technology, and Operations. Key accomplishments include his leadership of the company’s Cloud Services adoption as well as the sales and marketing efforts behind Office 365.

“Albertsons Companies is building out its Digital Marketing and Information Technology teams to ensure we are best positioned to capitalize on the dynamic changes occurring in our marketplace,” said Bob Miller, Chairman and CEO. “The skill and experience of our operations team is unparalleled. Kevin’s retail acumen, commitment to innovation and leadership skills complements our team’s expertise and enhances our ability to serve our customers for many years to come.”

About Albertsons Companies

Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 20 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs. Albertsons Companies is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood.

Important Notice Regarding Forward-Looking Statements

This press release contains certain forward-looking statements. Statements that are not historical facts, including statements about our perspectives and expectations, are forward looking statements. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions, when related to the Company and its subsidiaries, indicate forward-looking statements. These statements reflect the current view of management and are subject to various risks and uncertainties. These statements are based on various assumptions and factors, including general economic, market, industry and operational factors. Any changes to these assumptions or factors may lead to practical results different from current expectations. Excessive reliance should not be placed on those statements. Forward-looking statements relate only to the date they were made, and the Company and its subsidiaries undertake no obligation to update forward-looking statements to reflect events or circumstances after the date they were made.

Contact:
Christine Wilcox
208-395-4163

Source:  Albertsons Companies

Albertsons Companies strengthens its pharmacy specialty services with the acquisition of MedCart Specialty Pharmacy

Boise, ID, 2017-Jun-02 — /EPR Retail News/ — Albertsons Companies announced today (May 31, 2017) that it recently acquired MedCart Specialty Pharmacy in order to strengthen and extend its pharmacy specialty services. MedCart Specialty Pharmacy is an industry-leading, URAC accredited, pharmaceutical and healthcare provider of customized specialty care services and medication management for patients and physicians addressing complex diseases.

“MedCart Specialty Pharmacy has built an exemplary operation which complements our patient centered care strategy and pharmacy services growth plan,” explained Mark Panzer, Senior Vice President, Albertsons Companies, Pharmacy Health and Wellness. “Their team has done a tremendous job establishing a service culture that focuses on the patient.”

MedCart Specialty Pharmacy, privately owned since 2012, will continue to operate as it does today as a new business unit under the Albertsons Companies Pharmacy team structure. The current MedCart leadership will carry on leading their team and report directly to Dain Rusk, Group Vice President, Pharmacy Operations, Albertsons Companies.

“We’re excited to join the Albertsons Companies team,” states Eddie Abueida, RPh, Co-founder and Vice President, Specialty Operations, MedCart Specialty Pharmacy. “Our business principles and goals complement one another, which benefit everyone involved in the partnership – most importantly our patients.”

MedCart Specialty Pharmacy provides specialty prescription services and medications from two facilities in Michigan: one specialty pharmacy operations center and one local pharmacy.

“We’ve worked hard to create an infrastructure that serves patients and providers with the utmost in quality specialty care services and coordination that are required for these medications,” Ed Saleh, RPh, Co-founder and Vice President, Specialty Business Development, MedCart Specialty Pharmacy. “Albertsons Companies presented an excellent opportunity for us to extend our mission to more patients.”

About Albertsons Companies

Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 20 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs. Albertsons Companies is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2016 alone, along with the Albertsons Companies Foundation, the company gave nearly $300 million in food and financial support. These efforts helped millions of people in the areas of hunger relief, education, cancer research and treatment, programs for people with disabilities and veterans outreach.

Media Contact:

Jennifer Rapley
Jennifer.rapley@albertsons.com

Source: Albertsons Companies

Fair Trade Certified Scallops Now Available in Albertsons Companies

Fair Trade Certified Scallops Now Available in Albertsons Companies

 

Santa Monica Seafood® Signature Sea Scallops available at Albertsons, Vons and Pavilions stores in Southern California and coming soon to Safeway in Northern California

BOISE, Idaho, 2017-May-08 — /EPR Retail News/ — Albertsons Companies today (May 4th, 2017) announced that it has expanded its Fair Trade Certified™ seafood program and its commitment to responsible sourcing by becoming the first major grocer to carry Fair Trade Certified™ scallops.

The Fair Trade Certified™ program addresses the social and environmental needs of fishing communities across the globe by protecting fundamental human rights of workers, preventing forced and child labor, establishing safe working conditions, regulating work hours and benefits, and enabling responsible, sustainable resource management.

“Albertsons Companies takes our commitment to socially and environmentally responsible seafood seriously,” said Buster Houston, Group Director of Seafood at Albertsons Companies. “By providing Fair Trade Certified™ seafood, we are able to support the domestic industry, provide our customers with the highest quality product, and support the health of ocean ecosystems and communities that depend upon them.”

The new product, Santa Monica Seafood® Signature Sea Scallops, is sourced from the Port of New Bedford, Massachusetts, an iconic fishing village with a rich history of American seafood production. These large scallops are not only responsibly sourced, but are also recognized worldwide as having unparalleled texture and flavor. Santa Monica Seafood® Signature Sea Scallops are available at Albertsons, Vons and Pavilions stores in Southern California and will be available at Safeway stores in Northern California this summer.

Like all Fair Trade Certified™ products, producers of Santa Monica Seafood’s scallops receive a Community Development Premium — 10 percent of the dockside price — which they can collectively invest in much-needed community projects. According to David Ferreira, the Secretary of The Northwest Atlantic Sea Scallop Fisheries (NWASSF), “The premium received by NWASSF will augment the scallop fisheries advocacy group Fisherman Survival Fund and promote industry research partners UMass Dartmouth’s School for Marine Science & Technology and Coonamessett Farm.”

This new product continues Albertsons Companies’ tradition of leadership in sourcing socially and environmentally responsible seafood. In 2015, Albertsons Companies became the world’s first retailer to sell Fair Trade Certified™ seafood, with the introduction of Fair Trade yellowfin tuna from Indonesia. In addition to meeting rigorous social standards, the Fair Trade Certified™ seafood products in Albertsons Companies stores also meet the high environmental bar set by its Responsible Seafood Policy in partnership with FishWise. Albertsons Companies pioneered the Responsible Choice program whereby seafood products marked “Responsible Choice” are favorably rated by the Monterey Bay Aquarium’s Seafood Watch program, or are sourced from fisheries or farms making measurable and time-bound improvements.

About Albertsons Companies

Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 19 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs. Albertsons Companies is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2016 alone, along with the Albertsons Companies Foundation, the company gave nearly $300 million in food and financial support. These efforts helped millions of people in the areas of hunger relief, education, cancer research and treatment, programs for people with disabilities and veterans outreach.

About FishWise

FishWise is a non-profit sustainable seafood consultancy based in Santa Cruz, CA. Uniquely positioned between the seafood industry and marine conservation organizations, FishWise offers a range of services that create trust between seafood vendors and their customers, enabling businesses to sell more sustainable seafood, more profitably. For more information, please visit http://www.fishwise.org.

Media Contacts::

Albertsons Companies:
Teena Massingill
Director of Corporate Public Affairs
Email: teena.massingill@albertsons.com
Phone: (925) 226-5820

FishWise:
Chase Martin
Communications Project Manager
Email: c.martin@fishwise.org
Phone: (831) 427-1707 ext. 132

Source: Albertsons Companies

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Albertsons Companies appoints Jewel-Osco’s current VP of Marketing and Merchandising Doug Cygan as Division President

Albertsons Companies appoints Jewel-Osco’s current VP of Marketing and Merchandising Doug Cygan as Division President

 

BOISE, Idaho, 2017-May-01 — /EPR Retail News/ — Albertsons Companies today (Apr 28th, 2017) announced that Jewel-Osco’s current Vice President of Marketing and Merchandising Doug Cygan has been appointed Division President, effective immediately. In this role, Cygan will lead the company’s 186 Jewel-Osco stores throughout Illinois, Indiana and Iowa. He replaces Mike Withers, who was recently promoted to EVP, Retail Operations, East Region for the company.

Cygan’s retail career began at Jewel Osco in April 1980 as a part-time clerk, and he has spent his entire career working at Jewel-Osco. As he completed his education at Western Michigan University, he stayed with the grocery store chain and moved into roles of greater responsibility including Store Director, Marketing Director, Vice President of Fresh Merchandising and Vice President of Grocery Merchandising. He was named Vice President of Marketing and Merchandising in 2011.

“Doug knows Chicago customers and Jewel-Osco better than anyone in the business,” said Wayne Denningham, President and Chief Operating Officer for Albertsons Companies. “Jewel-Osco’s secret to success has always been knowing what Chicago customers want – from local products to specialty items to offering the best in fresh. Doug’s 37 years with Jewel-Osco uniquely positions him to lead this fantastic team, and we’re excited to have someone of his caliber directing our operations there.”

Cygan earned a bachelor’s degree in Food Distribution from Western Michigan University. He holds positions on the advisory boards of Western Michigan University and NorthPointe Resources, a private, not-for-profit provider of developmental disability and behavioral health services in the Zion area. He also serves on the Board of Directors for both the Greater Chicago Area Food Bank and the Northern Illinois Food Bank.

Contact:

Mary Frances Trucco
MaryFrances.Trucco@JewelOsco.com

Source:  Albertsons Companies

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Albertsons Companies appoints Wayne Denningham to the new role of President and COO

BOISE, Idaho, 2017-Apr-20 — /EPR Retail News/ — Albertsons Companies today announced Wayne Denningham, EVP & Chief Operating Officer, has been appointed to the new role of President and Chief Operating Officer for Albertsons Companies. Bob Miller remains Chairman and CEO, a role he has held since April 2015.

Denningham will continue to lead store operations with added oversight of Marketing & Merchandising, Supply Chain, Manufacturing, and Integration, all of which will continue under their current leadership.

“This is the strongest leadership team I’ve worked with in my 50+ years in this industry,” said Bob Miller, Chairman and CEO of Albertsons Companies. “I asked Wayne to join Albertsons LLC in 2006 to lead our Rocky Mountain Division. Since that time, he’s led three different divisions, helped to negotiate and manage some of our most significant acquisitions, and successfully turned around some of our toughest assets. He’s a remarkable leader with tremendous grocery retail acumen, and I’m pleased that he’s accepted this new role.”

Denningham began his career with Albertson’s, Inc. in 1977 as a clerk and worked his way up in the organization, serving in district manager roles in three different divisions before being named Division President, first of the Rocky Mountain division and later the Florida division. Subsequently, he was promoted to Regional President for five divisions of Albertsons, and then served as both Executive Vice President of Marketing & Merchandising and Executive Vice President of Operations for the company before leaving in 2004. He joined Albertson’s LLC in 2006 and served as Division President of the Rocky Mountain, Florida and Southern divisions over the next seven years. In March 2013, Denningham was named Division President of the Southern California division following the acquisition of 877 stores from SUPERVALU, and in January 2015, he assumed the role of South Region Chief Operating Officer following the merger with Safeway. He was named EVP & Chief Operating Officer for the company in April 2015.

Denningham is based at the company’s Boise, Idaho corporate campus.

 

About Albertsons Companies
Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 19 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs. Albertsons Companies is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2016 alone, along with the Albertsons Companies Foundation, the company gave nearly $300 million in food and financial support. These efforts helped millions of people in the areas of hunger relief, education, cancer research and treatment, programs for people with disabilities and veterans outreach.

SOURCE: Albertsons, LLC.

Contact: Christine Wilcox
christine.wilcox@albertsons.com | 208-395-4163

Albertsons Companies and Safeway Merger Anniversary Highlights

BOISE, Idaho, 2017-Feb-03 — /EPR Retail News/ — On the two-year anniversary of the merger that created the second-largest supermarket company in the U.S., Albertsons Companies announced that since the merger with Safeway, it has grown its workforce by 10 percent, creating 26,000 jobs; built or acquired 174 locations; increased healthy food and financial donations; and elevated its commitment to sustainability.

“We added an exceptional class of talented employees to our family as we grew to serve more neighborhoods and customers. We also supported hundreds of causes with millions of dollars in donations and transformed into a greener, more sustainable company,” said Bob Miller, Chairman and CEO of Albertsons Companies. “I’m extremely proud of our accomplishments, which are a result of the dedication of every employee. They helped us take steps toward being the Favorite Local SupermarketTM in the communities we serve.”

Merger Anniversary Highlights:

  • 26,000 jobs created
  • 23 new stores built and 151 stores acquired
  • 47,000 team members celebrating 20 or more years of service
  • $271 million of food donations nationwide in 2016
  • $25 million in donations from The Albertsons Companies Foundation in 2016 supporting education, cancer research, hunger relief, veterans support and programs for people with disabilities

When AB Acquisition LLC and Safeway Inc. joined forces on January 30, 2015, the combined company included 2,230 stores and a team of 250,000 people. The 19-banner company is now 26,000 people stronger, with a total workforce of 276,000 team members. Moreover, many of our employees have spent their entire careers with Albertsons, Safeway or one of the other Albertsons Companies banners. At the end of 2016, nearly 47,000 team members had 20 or more years of service.

Supporting Our Neighborhoods

Food donations nationwide topped $271 million last year, up from $245 million in 2015, reflecting a commitment to increasing support for the critical cause of hunger relief. Each store donates wholesome products to a local food bank partner, a collaboration that decreases food insecurity for the many people who rely on these organizations for meals. Along with the direct donations, most stores also conducted in-store food drives and other events throughout the year to bring additional support from our customers during the holidays and summer months when the need is greatest. The company’s Fresh Rescue initiative to donate meat and other perishables to hunger relief partners was expanded in 2016 to include more products and stores. For this ongoing dedication to hunger relief, Albertsons Companies was recognized as a Visionary Partner by Feeding America last year.

In addition, The Albertsons Companies Foundation and the Entertainment Industry Foundation recently awarded $4.6 million in grants through Hunger Is, a joint charitable program designed to increase awareness and funds to end childhood hunger in America. The funds, raised through in-store fundraisers, will increase access to free and reduced-cost school breakfast, improve the nutritional quality of breakfast programs and expand weekend, summer and vacation food programs. Academy Award-nominated actress Viola Davis is the Hunger Is program’s Ambassador and spokesperson.

The Albertsons Companies Foundation also supported education, cancer research, veterans support and programs for people with disabilities in 2016, contributing more than $25 million to these and other important areas of need.

Focus on Sourcing and Sustainability

In 2016, Albertsons Companies continued a broad commitment to sustainability. During the first quarter, the company committed to sourcing and selling only cage-free eggs for its store operations by 2025, based on available supply. The company was among the first and largest in the conventional retail grocery sector to make such a commitment.

In November, the company announced a new Responsible Seafood Policy, which expanded the previous program beyond fresh and frozen seafood to include shelf-stable tuna (canned and vacuum-sealed), as well as sushi sold from our delis. The company also committed to ensure that by 2022, 100 percent of the top 20 wild and farmed seafood products sold at stores will meet the Responsible Seafood Policy.

The U.S. Environmental Protection Agency recognized Albertsons Companies’ industry-leading sustainability initiatives with the Safer Choice Partner of the Year Award for increasing awareness of products that are safer for people and the environment.

About Albertsons Companies

Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. The company operates stores, manufacturing plants and distribution centers across 35 states and the District of Columbia under 19 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs. Albertsons Companies is committed to making a meaningful difference, neighborhood by neighborhood, across all of the communities they serve.

Contact:

Chris Wilcox
Vice President, Communications & Public Affairs
christine.wilcox@albertsons.com
208-395-4163

Source: Albertsons Companies

Albertsons Companies names Christine Wilcox VP, Communications and Public Affairs

BOISE, Idaho, 2016-Nov-08 — /EPR Retail News/ — Albertsons Companies announced today (November 2, 2016) that it has appointed current Vice President of Corporate Communications Christine Wilcox to the position of Vice President, Communications and Public Affairs. Wilcox is filling a vacancy created when Brian Dowling retired from the company earlier this year.

Wilcox is an 18-year veteran of Albertsons, and for the last ten years has served in both internal communications and public relations roles for the company. As part of Wilcox’s new role with Albertsons Companies, she will lead a newly integrated internal and external communications team and will drive the company’s communications strategy around its growth, trajectory, innovative practices and community involvement – all of which help enable it to run really great stores. As part of the new approach, Albertsons Companies has also partnered with The Glover Park Group, a leading strategic communications firm.

“Chris has been an instrumental leader in our company since we began in 2006, and her passion for our history, employees and loyal customers is self-evident. Chris is yet another example of what we aim to do at Albertsons Companies — empower really talented people and encourage them to grow their careers here,” said Andy Scoggin, Executive Vice President, Human Resources, Labor Relations, Public Affairs and Government Relations.

An Idaho native, Wilcox graduated from Idaho State University with a Bachelor’s degree in English Literature. She joined Albertsons in 1998 as an editor, and held positions of increasing responsibility, including executive liaison to the Board of Directors, Training Director for Albertson’s, Inc., and Training and Communications Director for two former subsidiaries of Albertson’s, Inc. which were operated separately from the company. Wilcox accepted a role as Southwest Division Communications and Public Affairs Director with Albertson’s LLC in 2006. She was named Vice President of Communications and Public Affairs for Albertson’s LLC in 2013 following the acquisition of stores from SUPERVALU.

About Albertsons Companies
Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. The company operates stores, manufacturing plants and distribution centers across 35 states and the District of Columbia under 19 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs. Albertsons Companies is dedicated to helping people across the country live better lives. In 2015 alone, with the help of generous customers, Albertsons Companies and the Albertsons Companies Foundation gave more than $270 million in food and financial support to the more than 2,300 communities they serve, improving the lives of millions of people in the areas of hunger relief, education, cancer research and treatment, programs for people with disabilities, and veterans outreach. Albertsons Companies is committed to making a meaningful difference, neighborhood by neighborhood.

Media Contacts:
Christine Wilcox
208.395.4163
christine.wilcox@albertsons.com

Teena Massingill
925.226.5820
teena.massingill@albertsons.com

Source: Albertsons Companies

15 Haggen Northwest Fresh stores begins operation as standalone business unit in the Albertsons Companies family of banners

Bellingham-based company will continue to offer freshest local products to western Washington communities

BELLINGHAM, WA, 2016-Jun-09 — /EPR Retail News/ — Albertsons Companies and Haggen announced that the 15 core Haggen Northwest Fresh stores will begin the first day of operation today as a standalone business unit in the Albertsons Companies family of banners. Haggen will continue its commitment to provide the best in fresh and local products to its guests in western Washington as it has throughout its eight decades in business.

“Founded in Bellingham in 1933, Haggen is here to stay in the Northwest,” said John Clougher, who will continue to lead the 15 Haggen stores as GVP and General Manager. “Our friendly employees are as passionate as ever about providing our guests the highest quality local products and exceptional service. Our support for regional farms, ranches and fisheries underpins our commitment to a sustainable local food economy. We look forward to serving our loyal guests and inviting our neighbors in to see how we will continue to evolve and invest in these communities.”

As a decentralized organization, Albertsons Companies invests in its local operations and empowers them to make decisions locally while still leveraging the scale of a large company. This strategy has produced great stores for Albertsons Companies and the banners that have joined its family, including respected names like Acme, Jewel-Osco, Shaw’s, Star Market, the United Family of Supermarkets and, most recently, Safeway, Tom Thumb, Randalls and Vons.

“We are committed to investing in Haggen’s brand and stores, and applying our proven playbook to foster continued growth of its deep roots in the Northwest,” said Bob Miller, Albertsons Companies Chairman & CEO. “This is a great opportunity to grow a brand that shares many of our values, including offering exceptional service and the best in fresh, local products.”

The following Haggen Northwest Fresh store locations will comprise the core stores that will operate as a standalone business unit:

Address City
2814 Meridian Bellingham
757 Haggen Drive Burlington
1406 Lake Tapps Parkway East Auburn
1401 12th Street Bellingham
1313 Cooper Point Road SW Olympia
210 36th Street Bellingham
2900 Woburn Street Bellingham
26603 72nd Avenue NW Stanwood
1301 Avenue D Snohomish
1815 Main Street Ferndale
17641 Garden Way NE Woodinville
2601 East Division Mount Vernon
8915 Market Place NE Lake Stevens
3711 88th Street NE Marysville
31565 Sr 20 #1 Oak Harbor

 

Albertsons Companies also announced in March that it signed an agreement to acquire 14 Haggen stores that will transition back into its Seattle and Portland operating divisions under the Albertsons banner in the coming weeks; these stores were acquired by Haggen from Albertsons in 2015.

 About Haggen
Founded in 1933 in Bellingham, Washington, Haggen has built its business on providing guests the freshest and most local products with genuine service, while supporting the communities it serves. Throughout its eight decades in business, the stores have supported regional farms, ranches, fisheries and other businesses, creating a lasting and sustainable local food economy.

About Albertsons Companies
Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 18 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market and Carrs.

Media Contacts:

Haggen
Deborah Pleva
503-908-4250 press@haggen.com

Albertsons Companies
Teena Massingill
925-226-5820
teena.massingill@Albertsons.com

Albertsons Companies announces the appointment of Susan Morris as EVP of Retail Operations over its East Region

BOISE, Idaho, 2016-Apr-19 — /EPR Retail News/ — Albertsons Companies announced today that it has appointed current Denver Division President Susan Morris to the position of Executive Vice President of Retail Operations over its East Region. Morris is filling the vacancy created when Kelly Griffith announced earlier this month that he would be leaving the company.

Since March of 2015, Morris has led the Company’s Denver Division team, overseeing over 130 stores in five states. She joined Albertsons when she was 16 as a customer service clerk in Colorado, and worked at store level until she graduated from Colorado State University when she accepted a job at the division office. Her career has spanned roles from Store Director to Corporate Grocery Sales Director, Vice President of Bakery and Operations and, upon the sale of Albertson’s Inc.’s assets to SUPERVALU, Vice President of Customer Satisfaction. In 2010, she was Senior Vice President of Sales and Merchandising when she left SUPERVALU to join Albertsons LLC. In March 2013, Morris moved from her role as Vice President of Marketing & Merchandising for the Southwest Division to Intermountain Division President.

“Starting at an entry level position and working your way up to a leadership role is very much alive and well at Albertsons Companies, and Susan is the latest example of that,” said Wayne Denningham, Chief Operating Officer. “In the span of our company’s history, we have helped to develop some of the greatest retail leaders in the industry today, and Susan is certainly an excellent addition to that list. Her experience in grocery is invaluable both as an operator and a merchant. We look forward to her taking on this key role as we look to continue to grow and strengthen our operation while furthering our goal of becoming the Favorite Local Supermarket across the nearly 2,300 neighborhoods we serve.”

About Albertsons Companies
Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 18 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, ACME, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market and Carrs.

CONTACT: Brian Dowling
925-226-5141 | brian.dowling@albertsons.com

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Susan Morris, EVP, East Region

Susan Morris, EVP, East Region

Albertsons Companies’ donation initiatives in 2015 contributed more than $270 million to the communities it serves

Boise, ID, 2016-Feb-18 — /EPR Retail News/ — Albertsons Companies today announced that it contributed more than $270 million in food and financial support in 2015 to the communities it serves, helping people in 35 states and the District of Columbia live better lives.

“We are committed to helping make the communities where we operate the best places to live and work,” said Albertsons Companies Chairman and CEO Bob Miller. “Thanks to the generosity of our customers and the dedication of our store teams, our neighborhoods are stronger and much-needed resources are getting to people in need.”

The company’s donation initiatives include a broad range of local and regionally-driven efforts at stores across the country under 18 banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Carrs and others. The company’s customers and employees support these efforts through donations and volunteer activities to benefit local charities.

In 2015, the Albertsons Companies Foundation distributed more than $16 million in grants for its key philanthropic causes, including hunger relief, cancer research, programs for people with disabilities, and education. These funds were contributed by customers through an array of successful fundraisers.

As a supermarket company, the cause of Hunger Relief is especially important to Albertsons and a major focus of fundraising and giving. In 2015, the company’s more than 2,200 stores gave over $245 million in products to hundreds of local food banks, pantries and meal programs. In addition, the company launched several programs during the holiday season that made the holidays brighter for people in need. The “End Hunger” Food Bag, Santa Bucks and Turkey Bucks programs allowed shoppers to purchase food or make a contribution to purchase food that would go directly to their local food bank or pantry. These efforts yielded more than $10.3 million in food donations to combat food insecurity during the holidays.

Also in 2015, the Albertsons Companies Foundation continued its partnership with the Entertainment Industry Foundation and award-winning actress/Hunger Is Ambassador Viola Davis on the successful Hunger Is charitable program, which includes an in-store fundraising campaign to fight childhood hunger. The joint charitable initiative awarded grants to 79 local charities to increase access to free and reduced-cost school breakfast, improve the nutritional quality of breakfast programs, and expand weekend, summer and vacation food programs.
Albertsons is committed to continuing these philanthropic efforts and creating new opportunities to support worthy causes in 2016 and beyond.

About Albertsons Companies
Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 18 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market and Carrs.

Contact: Brian Dowling
925-226-5141
brian.dowling@albertsons.com

Albertsons Companies to purchase and rebrand four Idaho-based Paul’s Market stores

BOISE, ID, 2016-Feb-17 — /EPR Retail News/ — Albertsons Companies announced today that it has entered into an agreement to purchase and rebrand four Idaho-based Paul’s Market stores. The following Paul’s Market stores will be rebranded as Albertsons.

  • 20 East Wyoming, Homedale
  • 700 East Avalon, Kuna
  • 10565 Lake Hazel, Boise
  • 132 East Lake, McCall

Separately, Paul’s Market also announced plans today to close its three stores in Caldwell, Mountain Home and Nampa. As a part of the transaction, Albertsons will acquire the properties.

“Over its many years operating retail food stores in the region, Paul’s Market has developed an outstanding reputation for quality, selection and service,” said Brad Street, Albertsons Intermountain Division President. “We are excited to have the chance to add experienced retail employees to our ranks, as well as the opportunity to build on that foundation and earn the trust of Paul’s Market loyal customer base.” Albertsons Intermountain Division operates 84 stores in Idaho, Montana, Wyoming, Utah, Colorado, North Dakota and Nevada.

“From the day that our family opened the first Paul’s Market store in 1955, we have been a proud Treasure Valley grocer, and we know that the folks at Albertsons share our values and commitment to providing the best to our communities,” said Stan and Steve Zatica, Co-Owners of Paul’s Market. “We sincerely thank our communities for 60 years of shopping with us, and we look forward to watching how these stores evolve to serve their customers for the future.”

The transaction is subject to customary closing conditions. The parties anticipate and hope to close the deal for these stores sometime in April.

 

Albertsons PR Contact: Kathy Holland
kathy.holland@albertsons.com

Albertsons Companies’ SVP of Pharmacy, Health & Wellness Mark Panzer expands role to include General Merchandise and HABA

Boise, ID, 2016-Feb-04 — /EPR Retail News/ — Albertsons Companies announced today that Mark Panzer, who was named the Company’s Senior Vice President of Pharmacy, Health & Wellness in May 2015, has accepted the additional responsibility of leading General Merchandise and HABA.

“Mark’s impact on our operation in 2015 was immediate. He brought a wealth of industry experience with him when he joined our team that make him a natural fit to lead GM and HABA in addition to his current responsibilities,” said Shane Sampson, Executive Vice President and Chief Marketing & Merchandising Officer. “We are completely committed to offering unique and innovative products that meet customers’ changing preferences throughout the store, including GM and HABA. I know Mark will tackle the responsibilities in these high-growth categories with the same enthusiasm he has brought to our Pharmacy and Health & Wellness operation.”

Panzer’s retail career began at Osco Drug stores over 40 years ago. He held senior leadership roles at American Drug Stores and Albertson’s, Inc, following their merger in 1999, as well as Rite Aid and Pharmaca Integrative Pharmacy, Inc. He returned to Albertsons in May 2015 to oversee the company’s Health & Wellness Initiatives and 1,760 pharmacies.

“Health & Wellness reaches well beyond the pharmacy and further into a traditional grocery store,” said Panzer. “As customers move to take more control of their health care, retailers need to pivot quickly to support their diverse needs. Our teams understand their customers’ needs better than anyone in the business, and by combining our Pharmacy, Health & Wellness, GM and HABA teams, we’ll be well positioned to serve our customers across our diverse market areas.”

Panzer will office out of the company’s Boise, ID corporate campus.

About Albertsons Companies

Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 36 states and the District of Columbia under 18 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market and Carrs.

SOURCE: Albertsons LLC

MEDIA CONTACTS

Corporate

Brian Dowling – Vice President, Public Relations – 925-467-3787
Teena Massingill – Director, Public Relations – 925-467-3810

Albertsons Companies announced the appointment of Tamara Pattison as SVP of Digital Marketing & eCommerce

Boise, ID, 2016-Feb-04 — /EPR Retail News/ — Albertsons Companies announced today that Tamara Pattison has been named Senior Vice President of Digital Marketing & eCommerce, which includes all aspects of Shopper Marketing, Digital Marketing, Loyalty & Rewards, and eCommerce.

Pattison, who most recently served the company as Group Vice President of Digital, Loyalty and Customer Analytics, has been with the company for 10 years, honing skills gathered in marketing, product development and consumer shopping trends at Yahoo, DemandTec Corporation and PriceWaterhouseCoopers to name a few. She began her career at Safeway in 2006 as the Director of Product Management on the eCommerce team, and was promoted to Group Director of Loyalty Product Management in 2011 to develop the digital execution for the just for U initiative. In 2013, she was promoted to Vice President of Product Management for Loyalty, leading loyalty product and program strategy for two years prior to the merger with Albertsons.

“While retail has always moved fast, today’s landscape of digital media and customer preferences is evolving at a particularly phenomenal pace.  The ability to interpret and predict trends is no longer a periodic practice. It’s day by day,” said Shane Sampson, Executive Vice President and Chief Marketing & Merchandising Officer. “We must be nimble to stay in front, and Tamara has already proven herself to be one of the best in the industry. Her background in shopping trends and loyalty make her uniquely qualified to position us as a leader in digital marketing and eCommerce.”

Pattison will office out of Pleasanton, CA.

About Albertsons Companies
Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 36 states and the District of Columbia under 18 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market and Carrs.

SOURCE: Albertsons LLC

MEDIA CONTACTS

Corporate

Brian Dowling – Vice President, Public Relations – 925-467-3787
Teena Massingill – Director, Public Relations – 925-467-3810