FULLERTON, Calif.--(BUSINESS WIRE)--Albertsons announced plans to build a new Albertsons grocery store in Valley Center, scheduled to open in spring 2028.
Albertsons withdrew its fiscal 2026 forecasts on Tuesday as the grocer reviews its strategy, cost structure and portfolio of businesses as part of a turnaround effort.
The grocery store chain's second-quarter profit came in at $51.5 million, or 11 cents a share, compared with $168.5 million, or 30 cents a share, a year earlier.
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