Albertsons Companies

Albertsons Companies Announces $ 1.75B Preferred Equity Investment led by Apollo Global Management

May 20, 2020 Albertsons Companies

“Albertsons Companies is pleased to work with Apollo and its co-investors. Apollo knows our industry and business model well, given its significant prior history of successful investments in the grocery sector. We believe the investment led by the Apollo Funds represents a vote of confidence in both our business and our long-term strategy,” said Vivek Sankaran, President and Chief Executive Officer of Albertsons Companies. …

Albertsons Companies Promotes Evan Rainwater to EVP, Supply Chain & Manufacturing

March 23, 2020 Albertsons Companies

Albertsons Companies announced today that Evan Rainwater has been promoted to Executive Vice President of Supply Chain & Manufacturing. …

Albertsons Companies Files Registration Statement for Proposed Initial Public Offering

March 9, 2020 Albertsons Companies

Albertsons Companies, Inc. announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering consisting of common stock to be sold by certain of its stockholders and the issuance by the company of Series A mandatory convertible preferred stock. …

Albertsons Companies and Takeoff Technologies Develop Strategic Partnership Focused on the Future of Grocery E-Commerce

December 16, 2019 Albertsons Companies

Albertsons Companies and Takeoff Technologies are teaming up to collaborate on the future of grocery micro-fulfillment centers (MFC). The two companies have decided to form a strategic partnership with dedicated teams to collaborate on the evolution of microfulfillment capabilities to drive the future of e-commerce order fulfillment. …

Albertsons Companies’ debi lilly design Helps Shoppers Give Gifts of Food, Clean Water, and Shoes to People in Need

November 20, 2019 Albertsons Companies

Every debi lilly design™ Extending Smiles bouquet helps provide a pair of shoes, a meal a day for a week, or clean water for a year. …