AB Acquisition LLC appoints Anuj Dhanda as Executive Vice President & Chief Information Officer

Dhanda to lead IT Operations of the Company’s 2,200+ stores including Albertsons and Safeway Banners

Boise, ID, 2015-11-19 — /EPR Retail News/ — AB Acquisition LLC (“Albertsons Companies”) has named Anuj Dhanda to the position of Executive Vice President & Chief Information Officer. Mr. Dhanda has most recently served as Chief Information Officer and Senior Vice President of Digital Commerce for the Giant Eagle supermarket chain based in Pittsburgh, PA.

Dhanda graduated from the University of Delhi with a degree in Commerce and received his MBA and Ph.D. in Finance from Rutgers University. He began his career as a consultant with KPMG in Bahrain in 1984, and then worked at JP Morgan Chase before joining PNC Financial Services Group where he rose to the position of Executive Vice President and Chief Information Officer.  He joined Giant Eagle as CIO in 2013.

Justin Dye, Chief Administrative Officer of Albertsons Companies, commented, “Anuj is an innovative, results-oriented leader who fits our culture and brings extensive background in merger integration, digital marketing and commerce, systems modernization, and data security.   Our team looks forward to working with Anuj to further our strategic vision for the Company and our information technology capabilities.”

Dhanda will start December 7, 2015.

About Albertsons Companies
Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and national scale. We operate stores across 35 states and the District of Columbia under 18 well-known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market and Carrs.

SOURCE: Albertsons, LLC.

AB Acquisition LLC announces the appointment of Mark Panzer as SVP of Pharmacy, Health & Wellness

BOISE, ID, 2015-6-11 — /EPR Retail News/ — AB Acquisition LLC, parent company of Albertson’s LLC, New Albertson’s, Inc., and Safeway Inc. (collectively Albertsons) announced today that Mark Panzer has been named Senior Vice President of Pharmacy, Health & Wellness, overseeing the company’s 1,760 pharmacies in 34 states across the country. Panzer replaces Darren Singer, who has left the company to pursue other opportunities.

Panzer’s retail career began at Osco Drug stores over 40 years ago. He moved into roles in Regional Sales and Marketing and Regional Operations for the drug store chain, eventually serving as District Manager as well as Director and subsequently Vice President of Sales and Marketing with American Drug Stores. Those roles led to his being named Senior Vice President of Sales and Marketing for Albertsons following its merger with American Stores in 1999. In 2001, Mark left the company to join Rite Aid as Executive Vice President of Store Operations, and in 2005 was named Senior Executive Vice President and Chief Marketing Officer for that company, leaving in 2008 to become President & CEO of Pharmaca Integrative Pharmacy, Inc.

“Mark understands and appreciates the entrepreneurial spirit that embodies how we go to market across our divisions, and we’re thrilled that he’s chosen to come back to our team,” said Shane Sampson, Chief Marketing & Merchandising Officer for Albertsons. “Early on in his career, Mark was part of the team that helped define what great customer service meant for pharmacy operations in a grocery company. Moreover, he has proven himself to be an extraordinary leader throughout his career and is well respected throughout the industry. His extensive retail, sales, and marketing experience will be invaluable to our Pharmacy team as we move forward with our goal to be the Favorite Local Supermarket™ for our customers and employees.”

Panzer’s new role is effective immediately, and he will relocate to the Boise office in the coming weeks.

About AB Acquisition LLC

AB Acquisition LLC, the parent company of Albertson’s LLC, New Albertson’s, Inc., and Safeway Inc., is one of the world’s largest food and drug retailers, with more than 2,200 stores and 1,700 pharmacies in 34 states and the District of Columbia under 18 banners, including Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Acme, Tom Thumb, Randalls, United, Pavilions, Star Market, Market Street, Amigos, and Carrs. The company is privately owned by a consortium led by Cerberus Capital Management.

Albertson’s LLC Media Contacts

Please note: the below contacts are for reporters and other members of the media only.

Corporate

Brian Dowling – Vice President, Public Relations – 925-467-3787
Teena Massingill – Director, Public Relations – 925-467-3810

AB Acquisition LLC and Safeway Inc. to sell 168 stores across eight states to four buyers

Subject to FTC approval, divested stores will continue to operate as competing grocery stores

BOISE, ID and PLEASANTON, CA, 2014-12-22 — /EPR Retail News/ — AB Acquisition LLC (Albertsons) and Safeway Inc. (NYSE: SWY) announced today that they have entered into agreements, subject to approval by the Federal Trade Commission (FTC), to sell 168 stores across eight states to four buyers:

  • Associated Food Stores (AFS) will purchase eight stores in Montana and Wyoming;
  • Associated Wholesale Grocers (AWG)/Minyards will purchase 12 stores in Texas;
  • SUPERVALU will purchase two stores in Washington; and
  • Haggen will purchase 146 stores across Arizona, California, Nevada, Oregon and Washington.

Divestiture of these stores is being undertaken in order to secure FTC clearance of the companies’ proposed merger, which was announced in March and is expected to close in January 2015. The purchase agreements with the four buyers are all subject to approval by the FTC.

Under the terms of the purchase agreements, the buyers will acquire the stores, equipment and inventory, and they intend to hire most, if not all, of the store employees upon the closing of the purchase of the stores.. For a complete list of stores to be divested, please visit: http://www.albertsons.com/tellmemore.

“We’re pleased to have found strong buyers for these stores and to have completed this important step toward combining Albertsons and Safeway,” said Safeway President and Chief Executive Officer Robert Edwards, who will serve as the combined company’s President and CEO. “We look forward now to the transaction’s close, so we can begin working together to enhance the loyalty of grocery shoppers by delivering high quality products, great service and lower prices to become the favorite local supermarket in every neighborhood we serve.”

About Safeway Inc.
Safeway Inc., which operates Safeway, Vons, Pavilions, Randalls, Tom Thumb and Carrs stores, is a Fortune 100 company and one of the largest food and drug retailers in the United States with sales of $35.1 billion in 2013. The company operates 1,326 stores in 20 states and the District of Columbia, 13 distribution centers and 19 manufacturing plants, and employs approximately 138,000 employees. The company’s common stock is currently traded on the New York Stock Exchange (NYSE) under the symbol SWY. The company will be delisted from the NYSE upon closing of the merger. For more information, please visit www.Safeway.com.

About Albertsons
Established in 2006, AB Acquisition LLC (Albertsons), which operates ACME, Albertsons, Jewel-Osco, Lucky, Shaws, Star Market and Super Saver, and stores under the United Family of stores, Amigos, Market Street and United Supermarkets, is working to become the favorite food and drug retailer in every area it serves. The company is privately owned by Cerberus Capital Management, Kimco Realty Corporation, Klaff Realty, Lubert-Adler Partners and Schottenstein Stores Corporation, and currently operates 1,081 stores and 14 distribution centers in 29 states and employs approximately 115,000 associates. For more information, please visit www.Albertsons.com.

Forward-Looking Statements

This press release contains certain “forward-looking” statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are indicated by words such as “expects,” “will,” “plans,” “intends,” “committed to,” “estimates” and “is.” No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur. Accordingly, actual results may differ materially and adversely from those expressed in any forward-looking statements. Neither Safeway nor any other person can assume responsibility for the accuracy and completeness of forward-looking statements. There are various important factors that could cause actual results to differ materially from those in any such forward-looking statements, many of which are beyond Safeway’s control. These factors include: failure to obtain, delays in obtaining or adverse conditions contained in any required regulatory or other approvals; failure to consummate or delay in consummating the transactions described herein for any other reasons; changes in laws or regulations; and changes in general economic conditions. Safeway undertakes no obligation (and expressly disclaims any such obligation) to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. For additional information please refer to Safeway’s most recent Form 10-K, 10-Q and 8-K reports filed with the Securities and Exchange Commission.

Media Contacts:

Christine Wilcox
christine.wilcox@albertsons.com | 208-395-4163

Brian Dowling
brian.dowling@safeway.com | 925-467-3787

 Investor Contact:

Christiane Pelz  | 925-467-3832