BOISE, Idaho — Albertsons LLC, the company composed of the least profitable stores that were split off when Albertsons was sold last year, may not be a losing proposition after all. According to Bob Miller, president and chief executive officer, the company is operating with a positive cash flow “that's better than the investment in real estate,” and most of the stores are running positive same-store sales. The company is about to launch its first round of remodeling projects; it's set to ...
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 complimentary access to the SN salary survey data tables.
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.