Albertsons Companies, Inc. Announces Resignation of Jay Schottenstein as Director from the Board of Directors
August 02, 2022 at 04:02 pm EDT
Share
Albertsons Companies, Inc. announced that on August 1, 2022, Jay Schottenstein, a director of Albertsons Companies, Inc. (the "Company"), resigned from the Board of Directors of the Company with immediate effect. Mr. Schottenstein's resignation was not the result of any disagreement between Mr. Schottenstein and the Company, its management, the Board or any committee thereof, or with respect to any matter relating to the Company's operations, policies or practices.
Albertsons Companies, Inc. is a food and drug retailer in the United States. The Company is engaged in the operation of food and drug retail stores that offer grocery products, general merchandise, health and beauty care products, pharmacy, fuel and other items and services in its stores or through digital channels. The Company operates approximately 2,269 stores across 34 states and the District of Columbia under 20 banners including Albertsons, Safeway, Vons, Pavilions, Randalls, Tom Thumb, Carrs, Jewel-Osco, Acme, Shaw's, Star Market, United Supermarkets, Market Street, Haggen, Kings Food Markets, and others. The Company operates approximately 1,725 pharmacies, 1,336 in-store branded coffee shops, 402 adjacent fuel centers, 22 dedicated distribution centers, 19 manufacturing facilities and various digital platforms. Its own brands include Signature SELECT, Open Nature, Signature Cafe, Lucerne, Waterfront BISTRO, Primo Taglio, Signature Care, Signature Reserve and Value Corner.