Roadmap for structure and leadership following Albertsons-Safeway merger
SEAFOODNEWS.COM [Supermarket News] - September 22, 2014 -
Once the merger of Safeway into Albertsons has been completed, the new company will operate with three regions and 14 retail divisions, the two companies said Friday.
No banner changes are planned, they noted.
The deal, under which AB Acquisition LLC, an affiliate of Albertsons, will acquire 1,331 stores, 13 distribution center and 19 manufacturing plants from Safeway, is expected to close during the fourth quarter, pending a review by the Federal Trade Commission.
The companies said the combined operation will keep the focus and financial responsibilities at the division level “but take full advantage of the expertise, vision and core capabilities of the corporate team.”
The 14 divisions will ...
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