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…
BOISE, ID and PLEASANTON, CA, 2014-9-22— /EPR Retail News/ — AB Acquisition LLC (Albertsons) and Safeway Inc. (NYSE: SWY) announced today the new senior leadership team and division leaders for the combined company that will take effect upon the closing of the proposed merger transaction, which is pending customary regulatory approvals.
“We’re drawing on the strong talent…