| | Business Summary | | Albertson's,
Inc.
is
a
retail
food
and
drug
chains
in
the
United
States.
As
of
February
1,
2001,
the
Company
operated
2,512
stores
in
36
Northeastern,
Western,
Midwestern
and
Southern
states.
These
stores
consist
of
1,362
combination
food-drug
stores,
807
stand-alone
drugstores,
315
conventional
supermarkets
and
28
warehouse
stores.
The
Company's
distribution
centers
provide
product
exclusively
to
the
Company's
retail
stores.
The
Company's
stores
operate
under
the
names
of
Albertson's,
Acme
Markets,
Jewel
Food
Stores,
Seessel's,
Super
Saver,
Max
Foods,
Osco
Drug
and
Sav-On
Drugs. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Albertson's
Inc.
operates
combination
food-drug
stores,
conventional
supermarkets
and
warehouse
stores.
For
the
13
weeks
ended
5/3/01,
sales
rose
4%
to
$9.33
billion.
Net
income
rose
4%
to
$186
million.
Revenues
reflect
comparable
store
sales
increases
and
the
opening
of
new
stores.
Net
income
also
reflects
improved
gross
margins
and
$14.2
million
of
merger
related
credits
associated
with
the
reversal
of
previously
expensed
impairment
charges. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Lawrence Johnston
Chairman,
CEO | -- | Peter Lynch, 48
Pres,
COO, Director | -- | Victor Lund, 52
Vice
Chairman | -- | Michael Reuling, 53
Vice
Chairman | $849K | Felicia Thornton, 37
CFO,
Exec. VP | -- | | Dollar amounts are as of 27-Jan-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/abs.gif)