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Albertsons Grocery Chain to Pay More than $773 Million in Planned Opioid Settlements
The agreement resolves substantially all opioid claims without an admission of liability, and Albertsons took a $600 million pre-tax charge last quarter.
- On Tuesday, grocery chain Albertsons announced a $774 million opioid settlement framework intended to resolve substantially all claims brought by state, local, and tribal governments.
- Colorado Attorney General Phil Weiser stated the agreement stems from Albertsons' "wrongful conduct," alleging the company fueled an addiction crisis by failing to question excessive opioid prescription volumes.
- The company recorded a $600 million pre-tax charge last quarter, with the $774 million payment expected over nine years; the agreement constitutes no admission of wrongdoing.
- Attorney Jeff Gaddy of law firm Levin Papantonio said the settlement "sends a clear message: large pharmacy chains must take responsibility for their role in fueling the opioid crisis."
- Colorado expects to receive at least $32 million from the deal, boosting total state opioid settlement funds to more than $912 million, according to the attorney general's office.
14 Articles
14 Articles
Albertsons opioids settlement: Grocer to pay $774M for role in epidemic
Albertsons Grocery Store In San Marcos, CA on December 10, 2025 in San Marcos, California. (Photo by Joe Scarnici/Getty Images for Albertsons Companies) Albertsons has agreed to pay $774 million to settle thousands of lawsuits claiming its pharmacies helped fuel the nation's opioid epidemic. The major grocery chain announced the settlement Tuesday. Here’s the latest: Albertsons opioids settlementAccording to Reuters, the settlement will be paid …
Albertsons Reaches $774 Million Opioid Settlement with State, Local and Tribal Governments; Levin Papanto
PENSACOLA, Fla., April 14, 2026 (GLOBE NEWSWIRE) -- Albertsons Companies, Inc. announced today it has reached a $774 million settlement framework to resolve opioid-related claims brought by state, local and tribal governments across the country. The settlement, to be paid out over nine years, represents one of the most significant financial accountability measures yet imposed on a major pharmacy chain for its role in the opioid crisis. Albertson…
Albertsons Cos. announced a $774 million settlement to resolve all opioid-related claims, making the grocery chain one of the last major retailers to reach such a deal.
Albertsons Marginal Q4 Marred by Opioid Settlement - Food Trade News & Food World
by Food Trade News Team Albertsons Companies reported a fourth-quarter loss for fiscal 2025 after booking a significant charge tied to a nationwide opioid settlement. Underlying earnings topped expectations and the company raised its dividend. The chain posted a net loss of $480.8 million, or 94 cents per share, for the quarter ended Feb. 28, compared with net income of $171.8 million a year earlier. The loss was driven by a roughly $774 million…
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