Albertsons Companies Hosts 2nd Annual Competition for Emerging Specialty and Natural Food, Beverage and Pet Products

Core Insights - Albertsons Companies has launched its 2nd Annual Innovation Launchpad competition to discover emerging brands in food, beverage, and pet products [1][2] - The competition invites independent specialty and natural food brands with net retail sales between $2 million and $8 million to apply [1] - The event will take place at the Natural Products Expo West in California, with the award ceremony scheduled for March 13 [1] Competition Details - Last year, the competition attracted over 900 applicants, with 47 selected to present their products [2] - The three grand prize winners from the previous year received prizes valued at $170,000 each, including cash and industry recognition [2] - This year's top brands will be considered for distribution in various Albertsons banner stores [2] Application Process - Applications for the competition are open until January 19 [3] - Interested brands can find more information and apply through the designated website [3] Company Overview - Albertsons Companies operates 2,272 retail food and drug stores across 34 states and the District of Columbia [4] - The company runs 1,726 pharmacies, 401 associated fuel centers, and 22 dedicated distribution centers [4] - In 2022, Albertsons contributed over $200 million in food and financial support to communities [4]