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Albertsons CEO: Food spending shifts here to stay

Albertsons CEO Vivek Sankaran says many of the new food shopping trends brought on by the ongoing pandemic aren't going away any time soon, particularly when it comes to more people cooking and eating at home. Speaking after Albertsons' IPO on Friday, Sankaran also discussed the sales momentum generated by the pandemic, saying the company's agility helped it weather the initial storm and it's now preparing to take advantage of lingering changes in customer behavior.

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