Albertsons' sales return to pre-pandemic levels, research shows

 

Sam Silverstein, GroceryDive

Jan. 6, 2022

 

Dive Brief:

 

         Sales at Albertsons have returned to their levels before the pandemic started in early 2020, according to an analysis of consumer transaction data published Tuesday by Bloomberg Second Measure.

         The grocer is also seeing fewer shoppers than it did prior to the onset of the public health crisis, although average monthly sales per customer remain higher, Second Measure reported.

         While the surge in overall sales Albertsons posted at the beginning of the pandemic may have fizzled, people's spending at Albertsons remains heightened.

 

Dive Insight:

 

The increase in monthly sales per customer that has been compensating for the pandemic-induced drop-off in the number of shoppers the grocer has seen each month is subsiding, according to the report from Bloomberg Second Measure.

 

While Albertsons' average monthly sales per customer were higher throughout 2021 than they were in 2019, the metric began trending downward as 2021 drew to a close...

 

more, including links, chart

https://www.grocerydive.com/news/albertsons-sales-return-to-pre-pandemic-levels-research-shows/616758/