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08/01/2018

Albertsons expands Western Union partnership

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Albertsons, one of the largest food and drug retailers in the country, recently signed a deal with Western Union, a cross-border, cross-currency money movement, strengthening Western Unions presence within the U.S.

Albertsons Company is strengthening its value proposition to shoppers via a new deal with Western Union Company.

Albertsons, one of the largest food and drug retailers in the country, recently signed a deal with Western Union, a cross-border, cross-currency money movement, strengthening Western Unions presence within the U.S.

The agreement will enable consumer access to international and domestic money transfer and money order services, as well as bill payment services at Albertsons Cos. locations—operating under 20 banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen and Carrs.

“At Albertsons Companies, our goal is to exceed our customers’ evolving expectations by seeking better ways to create and deliver unsurpassed service and value. Our agreement with Western Union will help our customers quickly and easily complete multiple errands under one roof,” said Mark Panzer, Senior Vice President of Pharmacy and GM/HBC at Albertsons Cos.

The agreement with Albertsons Cos. also extends Western Union’s 30-year relationship with Safeway, which merged with Albertsons in 2015.

“At Western Union, we continue to connect the dots across the world as we link reputable US brands, popular with our money transfer customers, to our global Agent network in more than 200 countries and territories. Our brand heritage, advancing technology and compliance capabilities are the pillars of our reputation and enable strong, lasting relationships with our customers and Agents. We welcome Albertsons into our global family of network Agents,” said Hikmet Ersek, President and Chief Executive Officer of Western Union.

Albertsons is currently trying to acquire Rite Aid, a drug store chain and Fortune 500 company. The merging of the two companies would result in the creation of a $24 billion company, however, severe stockholder and investor opposition has caused extreme delays in any merger progress.

Western Union’s retail network across North America has more than 45,000 Agent locations and represents multiple classes of trade, including supermarkets, drug stores, convenience stores and banks, among others.