Albertsons to spend $2.2B on CapEx for store upgrades and technology

Albertsons plans to spend $2.2B on CapEx this year, focusing on store upgrades and technological enhancements.

The supermarket chain spent over $1.8 billion on capital expenditures during fiscal 2025. The company upgraded 94 stores last year and added nine new locations, but intends to accelerate that pace during fiscal 2026, perhaps adding around 14 or 15 new stores this year.

CEO Susan Morris said that Albertsons believes investing in its stores will play a central role in maintaining shopper engagement and encouraging people to direct their business its way.

After the $24.6B Kroger–Albertsons merger was blocked by federal and state courts in December 2024, Albertsons remains one of the largest grocery chains in the U.S., with thousands of stores and multiple banners (Safeway, VONS, Jewel Osco, Tom Thumb Supermarket, Randalls Food Market, etc.).

Read more: Albertsons looks to store remodels and technology to juice growth (Grocery Dive)