Albertsons stock gains, as J.P. Morgan listed it as a top pick among good retailers, due to persistent food inflation and because it no longer has the pending Kroger merger as a distraction.

JP Morgan has initiated coverage of U.S. food producers, retailers, and agricultural companies, highlighting McCormick ...

JPMorgan assumed coverage of Albertsons with an Overweight rating and $27 price target down from $29. The firm assumed coverage of 24 stocks in ...

Albertsons Companies, Inc. (NYSE:ACI) is one of the top stocks sold by hedge funds. On July 22, UBS upgraded ACI to Buy from ...

In October 2022, Albertsons announced that it would be acquired by sector rival Kroger (NYSE: KR) for $25 billion. Initially, ...

The Keene, New Hampshire-based supplier and retailer was set to acquire nearly 600 divested stores from Kroger and Albertsons upon completion of the deal. C&S Wholesale claimed Kroger owed it a $125 ...

Albertsons has a strategy in place to buffer rising ingredients costs which are impacting the cost of goods from vendors, CEO ...

Albertsons, which has warned of difficulties in the years ahead without a buyer, could close stores, the J.P. Morgan analysts said. Similar to Kroger, Albertsons could end up buying smaller ...

Kroger Co. and C&S Wholesale Grocers LLC have ended their $125 million court fight over the collapse of a divestiture deal ...

Investing.com -- JP Morgan assumed coverage of U.S. food producers, retailers and agricultural product companies, naming ...