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The Latest Breaking News from Albertsons

Telsey Advisory Sees 5% Upside In This Grocery Chain - Read Why

Telsey Advisory analyst Joseph Feldman has maintained Outperform rating on Albertsons Companies Inc (NYSE: ACI) with a $37.00 price target (5% upside). The analyst notes that the favorable macro trends, continued shift to healthy lifestyles, and benefits of a hybrid work environment would be positive for the company’s Q4 earnings. Feldman infers a strong business momentum…

Benzinga

Southern California grocery workers union signs tentative wage hike agreement, averting strike

LOS ANGELES — Unions representing 47,000 Southern California grocery workers tentatively signed a new three-year contract with Ralphs, Albertsons, Vons and Pavilions, averting a strike they had authorized last week.

Los Angeles Times

50,000 grocery workers authorize strike

Albertsons, Pavilions, Ralphs and Vons employees are requesting $5 per hour wage increases

Salon

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Southern California grocery workers authorize a strike amid contract negotiations

LOS ANGELES — Battered by two years of pandemic stress, tens of thousands of Southern California grocery workers voted overwhelmingly to authorize a strike if supermarkets don't meet their wage demands as negotiations on a new contract resume in the coming weeks.

Los Angeles Times

California grocery workers vote to authorize strike

Thousands of central and Southern California grocery workers have voted to authorize their union to call a strike against several major supermarket chains

The Independent UK

Jewel-Osco workers have yet to see a raise negotiated in December

The grocery chain acknowledged it’s having problems implementing a contract negotiated with Local 1546 of the United Food and Commercial Workers International Union.

Chicago Sun-Times

Cue Health Offers COVID-19 Tests At Albertsons Pharmacies

Cue Health Inc (NASDAQ:HLTH) has partnered with Albertsons Companies Inc (NYSE:ACI) for COVID-19 test kits. The partnership will provide Cue’s molecular COVID-19 tests at participating Albertsons pharmacies across the country. Customers will get their test results delivered to their email in 20 minutes. The companies piloted this in-pharmacy COVID-19 testing program last fall in 40…

Benzinga

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Southern California grocery workers prepare for a strike: 'We've walked through hell'

Grocery workers across Southern California began voting Monday to authorize a strike against Ralphs, Albertsons, Vons and Pavilions in an effort to pressure the companies to raise wages.

Los Angeles Times

California grocery workers vote on strike authorization

Thousands of southern and central California grocery workers have started voting on whether to authorize their union to call a strike against several major supermarket chains

The Independent UK

Grocery workers seek better pay and conditions as chains reap huge profits

Kroger workers asking for $5 raise while CEO’s salary is 904 times the median employee wage

The Guardian - US

Safeway, QFC owners settle with Hawaii farmers in fake Kona coffee lawsuit

In the latest settlement struck in a legal action that saw coffee growers on Hawaii accuse major retailers of selling counterfeit Kona coffee, Safeway, Albertsons and the owner of two other large Northwest grocery chains have agreed to change the way they label their products.

Tribune News Service

4 Must-Own Large-Cap Stocks to Buy Right Now

Rising tensions between Ukraine and Russia and the Fed’s decision to raise interest rates several times this year are expected to keep the stock market volatile. So, it could be wise to scoop up shares of fundamentally sound large-cap solid stocks Centene (CNC), Genuine Parts (GPC), LKQ (LKQ), and Albertsons…

StockNews.com

3 of the Safest Stocks to Buy in February: Crane, Lukoil, and Albertsons

Many investors foresee a continued market meltdown triggered by the continuing spread of COVID-19, upcoming rate hikes, and high inflation. Hence, we think it is prudent to bet on safe stocks Lukoil PJSC (LUKOY), Albertsons Companies (ACI), and Crane Co. (CR) owing to their resilience to market fluctuations.

StockNews.com

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