Albertsons Cos. saw digital sales growth of 258 percent and identical sales growth of 16.9 percent in the 2020 fiscal year. In addition, in the fourth quarter of fiscal 2020, sales and other revenue for the company reached $15.8 billion.
"We are very proud of what our team accomplished in fiscal 2020, serving our customers and communities throughout the COVID-19 pandemic," said Vivek Sankaran, president and CEO, in a statement. "As a result of our strong execution, we delivered record full-year results, drove meaningful market share gains and are well positioned for continued success and strong performance in fiscal 2021.
"We have made substantial progress against our strategic priorities, and are still in the early innings of our transformation journey,” Sankaran continued. “Looking ahead, we remain committed to further strengthening our relationships with our customers, offering a superior shopping experience and generating value for all stakeholders."
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Image: Albertsons Cos.