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Albertsons’ CEO Vivek Sankaran unveils the reinvented business strategy of the giant grocer

Vivek Sankaran, the CEO of Albertsons Cos., recently revealed how the giant grocer would connect deeply with consumers and make them the centre of attention.

The grocer is introducing a five-pronged strategy to associate with shoppers within physical and digital stores. Some of the key components of the multifarious strategy are: 

  1. The grocer will enhance the health, media, loyalty and community experience by advancing the digital Albertsons app. 
  2. More tech-oriented solutions would be introduced in the stores, allowing the store associates to build lasting customer relationships. 
  3. The retailer plans to highlight private-brand fresh produce by changing the store layout as a result of changing consumer needs. 
  4. Vivek Sankaran further remarked that the grocer would digitise its supply chain through enhanced data analytics and other modern data solution. The grocer expects the overall productivity to spike consequently. 
  5. Lastly, Albertsons is committing to serious ESG goals by including them throughout its operations.

Full Story: ProgressiveGrocer 

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