The merger of Albertson's and American Stores Co. is creating a new landscape in California and the Southwest, as several regional chains and independents reap the benefits of acquiring stores divested in the mega-deal. The 145 stores that Boise, Idaho-based Albertson's was ordered to sell are being divided up among five California companies, which are now contemplating the possibilities for the windfall each has received. Among the anticipated benefits: In Southern California, 43 units ...

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