BOISE, Idaho -- Albertson's here plans to embark on an ambitious store opening and remodeling campaign during the next five years at a cost of some $11 billion, Gary Michael, chairman and chief executive officer, said during last week's annual shareholders meeting. The chain -- following its pending merger with American Stores Co., Salt Lake City -- intends to open 750 new food-and-drug combination stores, 500 stand-alone drug stores and 600 fuel centers during the period, he said. ...

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.