USA: Albertsons to open discount stores in September

By | 6 August 2004

US grocery retailer Albertsons has said it plans to begin opening new discount stores in September.

The company plans to open five Super Saver stores in Dallas and two in Baton Rouge, La. The seven stores are to be converted from regular Albertsons stores from 26 August, reported Dow Jones News.

"These Super Saver stores represent the official launch of a new price impact initiative," chief executive Larry Johnston was quoted by Dow Jones as saying. "This new price impact format coupled with our traditional format will serve the needs of a broader range of food and drug shoppers in many markets across America." 

Mike Clawson, president of Albertsons' discount subsidiary, said the company plans to expand the Super Saver chain rapidly through acquisitions and new store development.

Companies: Albertsons

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