Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle

With no Kroger Co. merger to rely on, grocery chain Albertsons Cos. Inc. on Wednesday said it would lean into an array of initiatives — e-commerce, wellness, automation and its loyalty program — to drive growth.

But while it raised its profit outlook, Albertsons

ACI also grew more cautious on sales trends, citing a slowdown last month.