Albertsons Inc. became a national supermarket operator through its 1999 merger with American Stores, gaining a significant presence in the Midwest and Northeast with the Jewel-Osco and Acme banners. It was not to last, however, as the company struggled to keep up with its acquisitive rivals and the expansion of Wal-Mart Stores. Supervalu, in a bold bid to reshape itself as a retailer, rather than a wholesaler with some retail holdings, acquired most of Albertsons' assets in 2006, ...
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