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Albertsons

Don’t Expect Big Consumer Brands to Lower Prices Soon

Consumers looking for relief from higher prices might have to wait a while.The makers of Coca-Cola beverages, Dove shampoo, Huggies diapers and Big Macs have been raising prices as their costs increase on everything from wood pulp to wages. The executives behind these global brands on Tuesday said they would keep passing along those costs to shoppers, for now. Consumers are continuing to buy even as inflation takes a toll on households, these executives said. However, some companies are already warning of a consumer…

Albertsons deploys smart grocery carts from Veeve, ex-Amazon engineers

Albertsons is deploying self-checkout grocery carts in some of its locations to try to make in-person shopping easier as consumers head back to brick-and-mortar stores.The carts are made by Veeve, a Seattle-based start-up founded by two former senior Amazon managers in 2018. Veeve is one of several companies developing smart grocery carts, which often use cameras and sensors to tally items as shoppers pick them off the shelves and place them in the cart, allowing shoppers to skip the checkout line.Amazon launched its own…