Albertsons Books Higher Sales Amid Coronavirus - News Summed Up

Albertsons Books Higher Sales Amid Coronavirus


Supermarket chain Albertsons Cos. said consumers are sticking with their new pandemic-driven habit of buying more groceries and eating more at home. At the start of the coronavirus pandemic, shoppers stocked pantries with more than they could eat in the near term. Now, said Albertsons Chief Executive Vivek Sankaran, purchases are more in line with what consumers plan to eat before their next trip to the supermarket. With people still eating mainly at home as the pandemic persists, he said, that means sustained higher demand...


Source: Wall Street Journal July 27, 2020 12:25 UTC



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