As is happening now with disquieting frequency, another major food retailer is involved in a reorganization that is tantamount to dismemberment. That company, of course, is Albertsons. As was reported in last week's SN, Albertsons' top officer, Larry Johnson, asserted that Albertsons is "clarifying our endgame." Unless that was an unfortunate choice of words, the implication couldn't be much more dire. Here are some of the self-imposed options set before Albertsons: The sale of the entire ...

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