Albertsons boasts 15% loyalty member growth | Grocery Dive
22 hours ago · Membership in Albertsons’ loyalty program, Albertsons for U, grew 15% year-over-year to 44.3 million, President and CFO Sharon McCollam said on its third-quarter earnings call Wednesday. The growth was partly driven by an April 2024 loyalty revamp that made it easier for customers to earn and redeem points, according to CEO Vivek Sankaran.
Albertsons' Q3 Earnings Beat Estimates, Digital Sales Rise 23% Y/Y
20 hours ago · Loyalty membership grew 15% to reach 44.3 million in the third quarter of fiscal 2024 compared with the same period in fiscal 2023. The gross profit of $5.2 billion increased 0.9% year over year.
Albertsons CEO: ‘We never stopped investing in our business’
1 day ago · Albertsons attributed the increase to a 2% uptick in identical sales, driven by gains of 13% in pharmacy sales and 23% in digital sales. Membership in Albertsons’ “for U” loyalty program ...
Albertsons CEO Shares Grocer’s Plans for the Future
23 hours ago · In April 2024, Albertsons launched an updated loyalty program that made it easier for customers to earn points and redeem coupons, fuel and grocery rewards, and also to redeem points for dollars off their grocery bill. According to Sankaran, the grocer has seen more frequent engagement, higher attention and increased customer spend.
Albertsons ‘more reactive than proactive’ in future buyer search
1 day ago · Albertsons reported identica-store sales growth of 2% for the quarter and a whopping 23% increase in digital sales.That’s due in part to a 15% increase in loyalty members, which grew to 44.3 ...
Albertsons’ loyalty program sees growth spurt - Grocery Dive
Aug 12, 2024 · In mid-2021 Albertsons replaced its “Just for U” loyalty program with a revamped offering with a new range of deals and rewards for shoppers and also rolled out a new mobile app that combined access to its refreshed loyalty program with …
Albertsons streamlines loyalty program - Grocery Dive
Apr 1, 2024 · Albertsons is updating its loyalty program to streamline how shoppers can accumulate and redeem their savings, according to a company email. Starting Monday, the Albertsons for U program will convert to a points-based system only.
Albertsons loyalty grows as it pushes ‘customers for life’ - CX Dive
Apr 24, 2024 · Albertsons grew its loyalty program 16% in Q4 2023, reaching 39.8 million members, the company said in an earnings report released Monday for the period which ended Feb. 24. CEO Vivek Sankaran attributed Albertson’s growth to its “customers for life” strategy, which emphasizes deeper relationships with customers no matter where they shop.
Albertsons Companies Unveils Simplified "for U" Loyalty Program ...
Available now, the award-winning for U™ loyalty program is better than ever with a single points-based system, double the time to earn points and a new automatic cash off option for more...
Albertsons Sees 33% Digital Growth - PYMNTS.com
Jan 10, 2023 · Albertsons Companies ’ digital bets are paying off, driving sales and boosting loyalty membership. The grocery giant, acquired in October by competitor Kroger, reported its third-quarter...