Albertsons (ACI) executives focused on moving on from its scuttled merger with Kroger on Wednesday, as the supermarket chain raised its profit forecast and its CEO talked up investments meant to weather competition from bigger retailers.
“A lot of the big box retailers have media businesses and they’re leveraging the data that they have, using generative AI to harness and understand it better and then to target the marketing to consumers better,” Telsey Advisory Group analyst Joseph Feldman said.
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