Albertsons is implementing strategies to manage rising ingredient costs impacting vendor prices, as discussed by CEO Susan Morris. The grocery chain is analyzing cost increases to ensure alignment with suppliers and is open to sourcing from alternative suppliers if tariffs become excessive. While over 90% of their products are sourced domestically, Morris emphasized the importance of maintaining competitive pricing, only passing costs to customers when absolutely necessary. Additionally, Albertsons is exploring expanding its private label offerings to counter rising supply costs and enhance brand sales, which currently account for 26% of sales.

Source: https://www.supplychaindive.com/news/albertsons-growing-supply-costs-ingredients-tariffs/754217/