US retailer Albertsons LLC has unveiled the leadership team that plans to take the helm, following completion of a deal to acquire a number of stores from Supervalu stores.

Albertsons plans to expand its store network through the acquisition of 877 outlets from ailing supermarket group Supervalu. Albertsons will take on the Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores currently operated by Supervalu in a deal worth US$100m in cash plus the assumption of approximately $3.2bn in debt.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Following completion, Alberstons said its new divisional leadership team will be made up of a “combination of internal talent and external expertise”.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now