From Stressed Shoppers to GLP-1s, Albertsons CEO Says Supermarkets Face Tough Year
It's hard being a grocery seller in 2026, says Albertsons Chief Executive Susan Morris.
Grocers including Albertsons are trying to manage consumers' sensitivity to rising prices while addressing their own escalating costs for things such as wages and utilities, Morris said in an interview.
Other factors are weighing on how much consumers are spending at grocery stores, too. Rising prices are prompting cost-conscious shoppers to shrink what they put in carts. Users of GLP-1 weight-loss medications are shifting what and how much they buy.
Also dampening the Idaho-based grocer's sales in the three month...
To Read Full Story Login Below.