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Albertsons Names Former Best Buy Exec As President

Albertsons Cos. has hired a retail transformation expert as its next president and chief financial officer just a few weeks after announcing a deal with Uber. Sharon McCollam, 59, retired from Best Buy in 2016. She was the co-pilot of Best Buy’s Renew Blue transformation, "which has been regarded as one of the foremost omnichannel transformations in the retail sector," according to Progressive Grocer. Albertsons recently announced it will double the availability of its grocery delivery service in the United States this year via a 1,200-store partnership with Uber.

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