Albertsons Companies Inc at RBC Capital Markets Consumer and Retail Conference (Virtual) Transcript
Hi, everyone. I'm Beth Reed, retail analyst at RBC Capital Markets. And we're pleased to have with us today Vivek Sankaran, the CEO of Albertsons. Albertsons is coming up on the anniversary of its IPO last summer and has navigated a challenging year quite well.
So Vivek, thank you for being here, first of all. And then before we jump into the Q&A portion, I'd like to turn it over to you for some opening comments.
Okay. Thank you, Beth. Great to see everybody. I just wanted to say a few words about where we are and where the business is, so that you have that as context. We are -- our strategy, which is really based around growth, which is continuing to drive in-store excellence around our fresh portfolio, our Own Brand portfolio, e-commerce and the growth of our loyalty program, the growth piece of it; second, around productivity, which we've delivered $0.5 billion last year. And we
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