Albertsons is laying off corporate and division support employees around the country, a spokesperson for the company told the Idaho Statesman on Wednesday. Store employees are not impacted by the cuts, the spokesperson said in a statement.

Shares of Albertsons Companies (NYSE:ACI) are trading defensively for the first time in six days after the company said it was letting go of some of its corporate staff to “recalibrate the company to compete in a rapidly changing market.

The grocery company’s decision impacted an unspecified number of employees in its corporate and division support workforce, but not store-level associates.

First lady Jill Biden expressed her disappointment with former House Speaker Nancy Pelosi in a new interview with The Washington Post, providing rare public comments about the fractured relationship between her husband, Joe Biden, and Pelosi following the president’s departure from the 2024 race.

Albertsons’ renewed focus on customer-centric strategies positions the company to navigate an evolving consumer landscape, Sankaran added, signaling a fresh chapter for the grocery giant, even as the fallout from the failed merger continues to unfold in the courts.

A month after its failed merger with Kroger, Albertsons is laying off employees, including 68 corporate and division support staff in Phoenix.

Albertsons will be laying off a portion of its corporate workforce after a merger between the Boise-based grocery chain and Kroger fell through following legal challenges.

These layoffs come just about a month after Albertsons gave up on a merger deal with Kroger after two separate courts denied the merger. Kroger and Albertsons proposed the largest grocery store merger in U.

Albertsons has announced layoffs affecting employees in its corporate and division support offices, leaving those in administrative roles facing