https://www.live-feeds.com/feed/meg-whitman-takes-charge-at-albertsonsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/meg-whitman-takes-charge-at-albertsonshttps://www.live-feeds.com/feed/meg-whitman-takes-charge-at-albertsons#u130832Sun, 18 Oct 2026 06:21:41 +0000Albertsons has appointed former eBay executive Meg Whitman as Executive Chair to help lead a turnaround strategy. Following second-quarter earnings, the company paused its full-year outlook and accelerated cost-cutting measures to combat floundering sales. CEO Susan Morris and Whitman outlined a plan on October 13 to transform the company into a simpler, more focused entity. The grocer is reviewing operations and implementing a "back to basics" approach to improve performance amid market pressures and earnings uncertainty.Why it mattersAlbertsons operates major brands including Safew