Albertson’s IPO

Following the shelter in place driven boom in grocery, Albertson’s filed their S-1 with intention to return to the public markets.

As the second largest grocery company in the U.S., (behind Kroger), Albertson’s, comprised of over a dozen chains including ACME, Safeway, Jewel-Osco, Vons, and namesake Albertsons, collectively saw sales peak at 119% YoY in the March onset of customer stockpiling.

The grocer continues to see growth driven by a sustained increase in average ticket.