Revenue increased 11.9% in Q1 of 2015, to $17.26 billion compared with $15.42 billion in the year-ago period.
Albertson’s LLC, one of two organizations using the Albertson’s brand name, will cease offering grocery shoppers in San Francisco, Sacramento, Phoenix, Dallas and Fort Worth the option to shop online.
Albertsons LLC, which operates several hundred Albertson’s grocery stores in various western states, is getting out of the web retailing business at the end of the month.
The retailer will cease offering grocery shoppers in San Francisco, Sacramento, Phoenix, Dallas and Fort Worth the option to shop online. “The company has made the strategic decision to discontinue its Albertsons.com online shopping service throughout the operation as it continues to focus attention on improving the in-store shopping experience,” says a company spokeswoman.
Albertson’s Inc., No. 432 in the Internet Retailer Top 500 Guide to Retail Web Sites and one of the country’s largest grocery chains, is a brand now maintained by two organizations. Albertsons LLC is operated by an organization headed up by Cerberus Capital Management, an investment banking firm.
When the original Albertson’s chain was sold and divided up earlier this year, Supervalu Inc. also acquired about 1,100 properties, which include the operations of Acme Markets, Bristol Farms, Jewel, Shaw`s Supermarkets, Star Markets, and Albertson’s stores in the West, Northwest and Southern California. Supervalu, a Minneapolis grocery chain, will continue to offer online shopping to Albertson’s customers in various regions, including Seattle, San Diego, Los Angeles/Orange County, Santa Barbara, Palm Desert, Portland/Vancouver, Las Vegas, Boise, Salt Lake City, Philadelphia and Delaware.