Announcing R-TRADE, a Workforce Development Program for Refrigeration Technicians
Rhea-AI Summary
Albertsons Companies (ACI) is part of a new initiative called R-TRADE (Refrigeration Technician Recruitment, Advancement, Development, and Education), launched in September 2024. This nationwide workforce development program aims to address the critical shortage of refrigeration technicians. The program is funded by founding partners including Walmart, Amazon, Costco, Kroger, and Albertsons.
R-TRADE's goal is to recruit, advance, develop, and educate refrigeration technicians across the country. This initiative is part of Albertsons Companies' broader commitment to sustainability and workforce development, as outlined in their 'Recipe for Change' program.
Positive
- Participation in an industry-wide initiative to address skilled labor shortage
- Collaboration with major retail competitors for a common cause
- Investment in workforce development and sustainability
Negative
- None.
News Market Reaction
On the day this news was published, ACI declined 0.49%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NORTHAMPTON, MA / ACCESSWIRE / September 25, 2024 / Originally published by the North American Sustainable Refrigeration Council.
In September 2024, we launched R-TRADE (Refrigeration Technician Recruitment, Advancement, Development, and Education), a nationwide workforce development program that aims to combat the critical refrigeration technician shortage. The generous support of R-TRADE's founding partners-Walmart, Amazon, Costco, Kroger, and Albertsons-made funding available for the program.
See original press release at the North American Sustainable Refrigeration Council and read more about Albertsons Companies and our Recipe for Change on our website.

Photo courtesy of the North American Sustainable Refrigeration Council
View additional multimedia and more ESG storytelling from Albertsons Companies on 3blmedia.com.
Contact Info:
Spokesperson: Albertsons Companies
Website: https://www.3blmedia.com/profiles/albertsons-companies
Email: info@3blmedia.com
SOURCE: Albertsons Companies
View the original press release on accesswire.com