Albertsons pivots to four regional hubs as Q1 slips and leadership edge looms
Albertsons is restructuring from 11 divisions into four regions under a new operating model called ACI Edge, centralizing center-store merchandising, while President and CFO Sharon McCollam plans to retire later this year and serve in an advisory role until 2027. The changes come as the retailer posted about a 0.8% decline in same-store sales and flat net sales in fiscal Q1, prompting a lowered full-year outlook of a 0.5% to 1.5% same-store decline. The company says the shift will improve accountability, efficiency, and pricing discipline, including greater supplier cost-sharing to keep prices competitive and drive traffic and loyalty, even as earnings are pressured in the near term.
