BOISE, Idaho -- The decision by Gary Michael to step down as chairman and chief executive officer of Albertson's here may prove to be a catalyst for the chain to pursue new directions in merchandising and marketing, securities analysts told SN last week.
"The company needs a new sense of urgency, and Michael's retirement is an indication that something positive is happening," Chuck Cerankosky, an analyst with McDonald Investments, Cleveland, said.
"Albertson's has a very strong asset base ...
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