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Albertsons, Sav-on deal to cause changes: Wal-Mart staffers have more reason to smile.

Publication: San Diego Business Journal
Publication Date: 30-JAN-06 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Albertsons, Sav-on deal to cause changes: Wal-Mart staffers have more reason to smile.(RETAIL)

Article Excerpt
The county's food and drug retail scene is about to get some new players now that the second largest grocery store chain has agreed to be acquired by a consortium of investors to the tune of approximately $17.4 billion.

The lingering question now is whether those new players will bring with them store closures, conversions or employee layoffs, as some analysts have predicted.

Boise, Idaho-based Albertsons, Inc., which owns 45 Albertsons supermarkets and 65 Say-on drug stores locally, announced Jan. 23...

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