Albertsons Companies, Inc.

Albertsons Companies, Inc. operates a large network of food and drug retail stores across the United States, selling groceries, fresh foods, pharmacy items, fuel, and general merchandise through physical stores and digital channels. The company runs more than 20 banners, including Albertsons, Safeway, Vons, Jewel-Osco, ACME, Shaw's, and others, giving it a locally tailored but nationally scaled grocery footprint. Its model combines full-service supermarkets with pharmacies, fuel centers, in-store services, and an expanding omnichannel platform for pickup and delivery. Albertsons also manufactures a portion of its own-branded products in company-owned facilities, which supports margin control, product differentiation, and supply-chain flexibility.

3,2 %

27,2 %

0,3 %

+3,5 %

0.86

0.20

— Albertsons Companies, Inc.
%
Non-perishables49.9% Packaged grocery, dairy, frozen foods, and general merchandise sold in stores and online.
Fresh31.7% Produce, meat, deli, prepared foods, bakery, floral, and seafood.
Pharmacy11.9% Prescription drugs, vaccines, and related pharmacy and health services.
Fuel5% Fuel sales through associated fuel centers tied to store traffic and loyalty programs.
Other1.5% Wholesale sales, commissions, media advertising revenue, rental income, and miscellaneous items.

Albertsons serves everyday household grocery shoppers who buy food, household essentials, and fresh items for regular...

  • Household grocery shoppersprimary

    Buy packaged groceries, fresh food, and household essentials for recurring consumption and convenience.

  • Pharmacy and health customersprimary

    Use in-store pharmacies for prescriptions, vaccines, and related health services that increase visit frequency.

  • Value and private-label shoppersprimary

    Choose Own Brands and promotional offers to trade down from national brands and improve basket value.

  • Omnichannel convenience shopperssecondary

    Place orders for curbside pickup and delivery because they want speed, flexibility, and digital convenience.

  • Wholesale and other business customersemerging

    Buy selected products or services tied to wholesale, commissions, and media-related revenue streams.

Albertsons operates almost entirely in the United States, with 2,243 stores across 35 states and the District of...

  • •Operations are concentrated in the United States across 35 states and D.C.
  • •Store banners are regionally tailored to local customer preferences
  • •Distribution centers and manufacturing plants support national replenishment
  • •Store density in core markets supports scale and market share
  • •Exposure is shaped by state-level labor, weather, and regulatory conditions

Albertsons' strategy centers on its Customers for Life program, which aims to grow customer engagement through digital...

01
Build an omnichannel customer ecosystemshort-term

More digital touchpoints increase frequency, retention, and data capture, which improves merchandising and marketing effectiveness.

02
Expand loyalty and personalized marketingshort-term

Loyalty data supports targeted promotions, fuel rewards, and digital coupons that drive traffic and basket size.

03
Grow media and data monetizationmedium-term

Albertsons Media Collective creates a new revenue stream and helps fund reinvestment into the core grocery business.

04
Improve productivity and store productivitymedium-term

Remodels, technology, and operational efficiency help offset margin pressure from inflation, pharmacy mix, and delivery costs.

Albertsons is exposed to grocery demand that is highly sensitive to inflation, deflation, consumer confidence, and fuel...

high

Inflation, deflation, and consumer spending pressure

Food inflation can reduce gross margin rates and consumer spending, while deflation can reduce sales growth and earnings.

Scope
Core grocery and fuel categories
Materiality
high
high

Fresh product and supply-chain disruption

The business relies heavily on fresh inventory and continuous vendor supply, so disruptions can quickly create losses and lost revenue.

Scope
Fresh foods, Own Brands, distribution network
Materiality
high
high

Union labor disputes and wage pressure

Approximately 195,000 employees were covered by collective bargaining agreements, making labor negotiations operationally important.

Scope
Store operations, distribution, manufacturing
Materiality
high
high

Food and drug safety incidents

Any contamination or perceived safety issue can reduce customer trust and disrupt demand and operations.

Scope
Grocery, pharmacy, and prepared foods
Materiality
high
medium

Severe weather and natural disasters

Stores, manufacturing facilities, and distribution centers can be damaged or disrupted by storms, floods, wildfires, and other events.

Scope
Geographically dispersed U.S. footprint
Materiality
medium
Revenue mix and margin profile
Reported gross margin and quarterly earnings
LIFO and fuel effects
Gross margin and operating income
Self-insurance liabilities
Operating expenses and liabilities
Lease accounting
Balance sheet and occupancy cost analysis

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: 11/08/2026