Albertsons underlines focus on tech, AI in wake of failed Kroger merger.

Albertsons is focusing on technology and AI to reduce costs following a failed merger with Kroger. The grocer credits AI adoption for improving employee and customer experience, driving sales, and enhancing productivity. Other food retailers are also exploring AI for various business applications, such as product forecasting and inventory management. Albertsons' CEO emphasizes the strategic use of technology as a key enabler for growth and productivity initiatives. Analysts predict that grocers will increasingly bring AI technologies closer to consumers, requiring improved data management capabilities. [Extracted from the article]