Albertsons ACI.N said on Monday its CEO Vivek Sankaran will retire and insider Susan Morris would assume the top role, as the supermarket chain shifts focus to build its digital sales and retail ...

More recently, Albertsons reported gains for its fourth quarter of fiscal 2024 and full year fiscal 2024, ended Feb. 22.

Two tech investors say behind closed doors, CEOs are discussing what they won't admit publicly: AI means smaller teams.

In January, Albertsons made reductions in its corporate and divisional support staff, but did not disclose exact numbers. In ...