SALT LAKE CITY -- When American Stores Co. here closes its merger with Albertson's, Boise, Idaho, 18% of its 121,000 work force will not be making the trip north, the company said. In a recent conference call with analysts to discuss its results for the fourth quarter and fiscal year ended Jan. 30, American said nearly 22,000 corporate staffers have already left the company in anticipation of the merger. The combined company is to be headquartered in Boise. Albertson's has already begun ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.