Real-time payments firm ACI Worldwide launched a collaboration with Brazil-based payments processor RS2.The partnership is designed to offer a one-stop solution for acquirers and issuers in Brazil, supporting financial institutions, integrated software vendors, payment facilitators, independent sales organizations and payment processors, according to a Tuesday (June 25) press release.“The combined new cloud-enabled technology platform enables merchants, banks and payment service providers to launch new prod ...

As much as the market has had impressive gains, the tide hasn’t lifted all boats. Some stocks are languishing near lows due to their short-term challenges. However, there are some rough diamonds that just need a little polishing for their value to shine through. Indeed, these stocks at 52-week lows for rebound present an attractive risk-reward setup going forward.Although these stocks’ short-term fundamentals have been murky, their long-term outlook remains excellent. Their earnings growth prospects might b ...

Colleen Michaels/iStock Editorial via Getty Images Albertsons Companies, Inc. (NYSE:ACI) operates grocery stores and drug stores in the United States with brands such as Albertsons, Safeway, Vons, Pavilions, and multiple others. Since an IPO in 2020, Albertsons’ stock has returned around 75%. The company’s story has seen changes in the past years due to an acquisition offer by Kroger (KR). The acquisition offer has since gone under FTC scrutiny and is expected to likely fail when comparing the stock pri ...

Grocery Retailer Will Use Rokt's AI-Powered Technology to Unlock Relevance and Drive Customer Loyalty NEW YORK, June 7, 2024 /PRNewswire/ -- Rokt, the leading ecommerce technology company using machine learning and AI to make transactions more relevant to each shopper, today announced it has partnered with Albertsons Media Collective, the retail media arm of Albertsons Companies, Inc. (NYSE: ACI), a leading food and drug retailer in the United States. Under the new partnership, brands that are non-endemic t ...

– Strong Growth and Leasing Activity – – Successful Execution on RPT Realty Acquisition – – Board Declares Quarterly Dividend – – Updates 2024 Outlook – JERICHO, N.Y., May 02, 2024 (GLOBE NEWSWIRE) -- Kimco Realty® (NYSE:KIM), a real estate investment trust (REIT) and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, today reported results for the first quarter ended March 31, 2024. For the three months ended March 31, 2024 ...

Before considering which stocks to buy if inflation continues, it’s good to remember the relationship between inflation and interest rates. The latest reading on CPI and PPI shows that the declining inflation rate may be ramping back up.  The takeaway is that the Fed is less likely to lower interest rates, which puts pressure on equities. But while some stocks will struggle, others are built to shine during rising inflation. These are the companies that deliver the products and services that consumers need ...

We've seen a very volatile stock market in recent weeks. That's created an opportunity to buy these three winners at bargain prices.While it's bounced back a little in recent trading days, the stock market is still off all-time highs. Moreover, some great stocks that sold off have remained down. This is despite their high-quality businesses that should generate profits that reward investors for many years to come.Instead of lamenting their lack of bouncing back, investors shouldn't miss out on the chance to ...

Albertsons Companies, Inc. (ACI) reported mixed fourth-quarter fiscal 2023 results, wherein earnings were in line with the Zacks Consensus Estimate, while sales missed the same. Additionally, on a year-over-year basis, the company’s top line increased marginally but the bottom line declined.ACI’s focus on operational excellence, digital expansion, pharmacy operations and customer relationships represent a comprehensive strategy for growth and competitiveness. However, results were partly hurt by the challen ...

Kroger and Albertsons said Monday the two companies are increasing the number of grocery stores they sell to C&S Wholesale Grocers to address federal regulators' concerns about the impact of their proposed $25 billion merger on competition. An additional 166 Kroger and Albertsons stores will be sold to C&S as part of an updated divestiture agreement between the three companies. The original divestiture plan included the sale of 413 stores, as well as eight distribution centers, two offices and five private ...

As ongoing financial challenges have grocery shoppers more cautious about their purchasing, many are seeking out digital rewards. In its fourth quarter and full year fiscal 2023 financial results, Albertsons Companies shared that increases in digital engagement led its growth, with identical sales up only 1% year over year in Q4 but digital sales up 24%. Central to this growth was the chain’s loyalty program, which saw its membership grow by 16% to nearly 40 million.“We delivered another solid quarter amids ...