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

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

A statement from an Albertsons spokesperson said the company is laying off a portion of its corporate and division support workforce. The total number of employees impacted is not being disclosed.

The companies have started notifying staff at ... $500 million to cut prices and $1 billion to raise worker wages and benefits, in addition to $1.3 billion to improve Albertsons stores.

Albertsons executives laid out plans to cut about $1.5 billion in costs over the next three years, speaking on the grocery store operator's first earnings call in more than two years. Last month a ...