22 days ago
This story was originally published on Grocery Dive. To receive daily news and insights, subscribe to our free daily Grocery Dive newsletter.
Editor's note: This story is developing and will be updated.
Brian Monahan, the head of Albertsons' retail media division, has left the company, Albertsons confirmed to Grocery Dive on Monday.
Monahan served as senior vice president of Albertsons Media Collective for just over a year. Albertsons stated its retail media division will now report to Chief Marketing Officer Emily Turner.
Monahan's departure, which was first reported by Adweek, comes as Albertsons looks to remain a leader in retail media innovation and improve declining comparable-store sales.
#Media #grocery #monahan #division
Editor's note: This story is developing and will be updated.
Brian Monahan, the head of Albertsons' retail media division, has left the company, Albertsons confirmed to Grocery Dive on Monday.
Monahan served as senior vice president of Albertsons Media Collective for just over a year. Albertsons stated its retail media division will now report to Chief Marketing Officer Emily Turner.
Monahan's departure, which was first reported by Adweek, comes as Albertsons looks to remain a leader in retail media innovation and improve declining comparable-store sales.
#Media #grocery #monahan #division
2 months ago
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Sept. 9, 2026 7:46 am ET
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Albertsons ACI -1.31%
decrease; down pointing triangle
named former eBay and Hewlett Packard chief Meg Whitman to the newly created post of executive chair, as the grocery-store operator grapples with falling sales and cautious consumer spending.
#albertsons #packard #triangle
Sept. 9, 2026 7:46 am ET
Listen
(1 min)
Albertsons ACI -1.31%
decrease; down pointing triangle
named former eBay and Hewlett Packard chief Meg Whitman to the newly created post of executive chair, as the grocery-store operator grapples with falling sales and cautious consumer spending.
#albertsons #packard #triangle
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2 months ago
By Sinéad Carew and Avinash P
Aug 20 (Reuters) - The three main U.S. equity indexes closed lower on Thursday as rising Treasury yields dented risk appetite while disappointing results from retail bellwether Walmart soured investors on the consumer sector and rallying oil prices fanned inflation worries.
Walmart shares tumbled 9.2% after the world's largest traditional retailer missed Wall Street expectations for quarterly comparable sales as rising gasoline prices had shoppers reining in spending. The report dragged down the S&P 500 consumer staples and consumer discretionary sectors, which were among the weakest of the benchmark's 11 major industry indexes.
Rival retailers such as Costco, Dollar Tree and Albertsons followed Walmart lower with losses between 1% and 2.6%.
The increase in U.S. crude oil above $87 compounded concerns about the health of the U.S. consumer, according to Mona Mahajan, head of investment strategy at Edward Jones. She noted that investors were already anxious after recent weaker-than-expected retail sales and labor market data for July.
#Consumer #lower #retail #investors
Aug 20 (Reuters) - The three main U.S. equity indexes closed lower on Thursday as rising Treasury yields dented risk appetite while disappointing results from retail bellwether Walmart soured investors on the consumer sector and rallying oil prices fanned inflation worries.
Walmart shares tumbled 9.2% after the world's largest traditional retailer missed Wall Street expectations for quarterly comparable sales as rising gasoline prices had shoppers reining in spending. The report dragged down the S&P 500 consumer staples and consumer discretionary sectors, which were among the weakest of the benchmark's 11 major industry indexes.
Rival retailers such as Costco, Dollar Tree and Albertsons followed Walmart lower with losses between 1% and 2.6%.
The increase in U.S. crude oil above $87 compounded concerns about the health of the U.S. consumer, according to Mona Mahajan, head of investment strategy at Edward Jones. She noted that investors were already anxious after recent weaker-than-expected retail sales and labor market data for July.
#Consumer #lower #retail #investors
3 months ago
Interested in Albertsons Companies, Inc.? Here are five stocks we like better.
Albertsons approved its ACI Edge restructuring, consolidating 11 divisions into four regions and centralizing center-store merchandising to streamline decisions while preserving local store execution.
The company raised its fiscal 2026 dividend rate by 13% to $0.68 per share after returning about $1.8 billion to shareholders in fiscal 2025 through dividends and share repurchases.
Albertsons expects a softer fiscal 2026, forecasting identical-sales growth of negative 0.5% to negative 1.5%, adjusted EBITDA of $3.55 billion to $3.625 billion and adjusted EPS of $1.75 to $1.85. CFO and President Sharon McCollam also plans to retire once a successor is appointed.
MAMA Says a Fresh High Could Come Before Mid-Year
#fiscal #store
Albertsons approved its ACI Edge restructuring, consolidating 11 divisions into four regions and centralizing center-store merchandising to streamline decisions while preserving local store execution.
The company raised its fiscal 2026 dividend rate by 13% to $0.68 per share after returning about $1.8 billion to shareholders in fiscal 2025 through dividends and share repurchases.
Albertsons expects a softer fiscal 2026, forecasting identical-sales growth of negative 0.5% to negative 1.5%, adjusted EBITDA of $3.55 billion to $3.625 billion and adjusted EPS of $1.75 to $1.85. CFO and President Sharon McCollam also plans to retire once a successor is appointed.
MAMA Says a Fresh High Could Come Before Mid-Year
#fiscal #store
3 months ago
This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter.
Bryan Hipsher was named chief financial officer of Dow Jones, the professional news and services division within News Corp. that includes The Wall Street Journal and MarketWatch. Hipsher, who will join the company on Sept. 8, most recently spent seven years as CFO of Dun & Bradstreet. He earlier was a senior vice president of finance at Black Knight. He started his career at Fidelity National Financial and Fidelity Information Services. Hipsher replaces interim CFO Brian Carlesimo, who has been in the role since January. Carlesimo, who has been senior vice president of finance at Dow Jones since 2025, stepped in for Jared DiPalma when he became deputy CFO of News Corp.
Chanel has appointed Helene de Tissot as its new chief financial officer, starting in October. De Tissot will join the French luxury fashion company in October. For the last 23 years, she has worked at French distiller Pernod Ricard, the owner of spirits brands including Absolut vodka and Jameson whiskey. She has been executive vice president of finance and IT of Pernod Ricard since 2018, according to her LinkedIn profile. De Tissot succeeds Philippe Blondiaux, who is retiring at the end of the year. Blondiaux has been CFO since 2011.
Pernod Ricard promoted Mauve Croizat to EVP of finance and technology, effective Oct. 1, to succeed Helene de Tissot. Croizat has worked at Pernod Ricard for almost 20 years, where she has held senior leadership positions across finance, business development and general management in France, the U.S. and Sweden. She was most recently global senior vice president of transformation, a role she has held since 2023.
Sharon McCollam, president and chief financial officer of Albertsons, will retire later this year. The company is currently looking for her replacement, and McCollam will remain in her role at the food and drug retailer until her successor is named. She will then remain with the company in an advisory capacity until Feb. 27, 2027. McCollam retired from Best Buy in 2016, where she was EVP, chief administrative officer and CFO, before joining Albertsons in 2021. She previously held leadership positions at Williams-Sonoma, including chief operating officer and chief financial officer.
#financial
Bryan Hipsher was named chief financial officer of Dow Jones, the professional news and services division within News Corp. that includes The Wall Street Journal and MarketWatch. Hipsher, who will join the company on Sept. 8, most recently spent seven years as CFO of Dun & Bradstreet. He earlier was a senior vice president of finance at Black Knight. He started his career at Fidelity National Financial and Fidelity Information Services. Hipsher replaces interim CFO Brian Carlesimo, who has been in the role since January. Carlesimo, who has been senior vice president of finance at Dow Jones since 2025, stepped in for Jared DiPalma when he became deputy CFO of News Corp.
Chanel has appointed Helene de Tissot as its new chief financial officer, starting in October. De Tissot will join the French luxury fashion company in October. For the last 23 years, she has worked at French distiller Pernod Ricard, the owner of spirits brands including Absolut vodka and Jameson whiskey. She has been executive vice president of finance and IT of Pernod Ricard since 2018, according to her LinkedIn profile. De Tissot succeeds Philippe Blondiaux, who is retiring at the end of the year. Blondiaux has been CFO since 2011.
Pernod Ricard promoted Mauve Croizat to EVP of finance and technology, effective Oct. 1, to succeed Helene de Tissot. Croizat has worked at Pernod Ricard for almost 20 years, where she has held senior leadership positions across finance, business development and general management in France, the U.S. and Sweden. She was most recently global senior vice president of transformation, a role she has held since 2023.
Sharon McCollam, president and chief financial officer of Albertsons, will retire later this year. The company is currently looking for her replacement, and McCollam will remain in her role at the food and drug retailer until her successor is named. She will then remain with the company in an advisory capacity until Feb. 27, 2027. McCollam retired from Best Buy in 2016, where she was EVP, chief administrative officer and CFO, before joining Albertsons in 2021. She previously held leadership positions at Williams-Sonoma, including chief operating officer and chief financial officer.
#financial
